Common use of BMO Clause in Contracts

BMO. Nothing herein shall prejudice the operation of the BMO and to the extent that any provisions contained herein shall be in conflict with the BMO, the BMO shall prevail. During the existence of an Owners’ Corporation under the BMO, the rights, duties, powers and obligations for the control, management and the administration of the Land and the Building conferred by this Deed on the Manager shall be vested in the Owners’ Corporation, and the general meeting of the Owners’ Corporation shall take the place of the meeting of Owners under this Deed, and the management committee of the Owners’ Corporation shall take the place of the Owners’ Committee under this Deed.

Appears in 5 contracts

Samples: Covenant and Management Agreement, Management Agreement, And Management Agreement

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BMO. Nothing herein shall prejudice the operation of the BMO and to the extent that any provisions contained herein shall be in conflict with the BMO, the BMO shall prevail. During the existence of an Owners' Corporation under the BMO, the rights, duties, powers and obligations for the control, management and the administration of the Land and the Building Development conferred by this Deed on the Manager shall be vested in the Owners' Corporation, and the general meeting of the Owners' Corporation convened under the BMO shall take the place of the meeting of the Owners convened under this Deed, and the management committee of the Owners' Corporation shall take the place of the Owners' Committee under this Deed.

Appears in 2 contracts

Samples: www.mantinheights.com.hk, www.mantinheights.com.hk

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BMO. Nothing herein shall prejudice the operation of the BMO and to the extent that any provisions contained herein shall be in conflict with the BMO, the BMO shall prevail. During the existence of an Owners' Corporation under the BMO, the rights, duties, powers and obligations for the control, management and the administration of the Land and the Building conferred by this Deed on the Manager shall be vested in the Owners' Corporation, and the general meeting of the Owners' Corporation convened under the BMO shall take the place of the meeting of the Owners convened under this Deed, and the management committee of the Owners' Corporation shall take the place of the Owners' Committee under this Deed.

Appears in 1 contract

Samples: Covenant and Management Agreement

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