Compliance with Condominium Documents Sample Clauses

Compliance with Condominium Documents. Once the Declaration of Master Condominium and/or Residential Condominium Declaration are recorded, and subject to the provisions of Section 82.112(b) of the TUCA, Borrower shall pay all general and special assessments for common charges and expenses and insurance premiums made against or relating to the Residential Units owned by Borrower or otherwise payable by Borrower under the Condominium Documents as the same shall become due and payable and prior to delinquency, and not later than the fifteenth (15th) day of each month provide to Lender evidence of such payments, and in the event Borrower shall fail to make such payments as the same become due and payable and prior to delinquency, Lender may from time to time at its option, but without any obligation to do so and without notice or demand upon Borrower, make such payments, and all expenses paid by Lender for such purpose, including, without limitation, attorneys' fees, shall be added to the outstanding principal amount of the Loan and shall be payable on demand and bear interest at the Default Rate until repaid. Borrower shall not (and shall not permit any Borrower appointed directors to), without the prior written consent of Lender which may be granted or withheld in Lender's sole discretion), give any consent or perform any action in furtherance of any material modification or amendment of the Condominium Documents, including any modifications or amendments to the Condominium Documents which would permit a Residential Unit Purchaser to rescind its Sales Agreement under applicable Laws. Borrower shall comply with all of the material terms, covenants and conditions on its part to be performed under the Condominium Documents, as the same shall be in force and effect from time to time; provided, however, that if Borrower fails to cure such non-compliance within any applicable cure periods provided in the Condominium Documents, Lender may from time to time at its option, but without any obligation to do so, cure or remedy any such default by Borrower (Borrower hereby authorizing Lender to enter upon the Project as may be necessary for such purposes), and all reasonable expenses paid by Lender for such purpose, including, without limitation, reasonable attorneys' fees, shall be added to the outstanding principal balance of the Loan and shall be payable on demand and bear interest at the Default Rate until repaid. Borrower shall deliver to Lender a true and complete copy of each and every notice of defaul...
AutoNDA by SimpleDocs
Compliance with Condominium Documents. Upon recording of the Condominium Declaration, Borrower will (or shall cause each Member to) do the following:
Compliance with Condominium Documents. The lease is subject in every respect to the Master Deed of the Condominium, the Declaration of Trust of the Condominium Trust, and the By-laws and rules and regulations thereof, as the same have been amended most recently prior to the execution of the lease. Any failure by the LESSEE to comply in all respects with the provisions of the Master Deed of the Condominium, the Declaration of Trust of the Condominium Trust, the rules and regulations thereto, shall constitute a material default in this lease.
Compliance with Condominium Documents. Landlord and Tenant shall each obey and conform to the declaration of condominium, by-laws and rules and regulations of the Condominium Association which are hereby incorporated herein.
Compliance with Condominium Documents. Lessee covenants and agree to be bound by the terms and conditions of the Declaration of Condominium of Tamair Commercial Center Condominium Section I Condominium recorded in Official Records Book 12422, Page 2112, of the Public Records of Dade County, Florida, and the rules and regulations promulgated by the governing association; provided, however, that maintenance fees and special assessments attributable to the condominium as a whole shall be paid by the Landlord. Lessee acknowledges having received a copy of such declaration.
Compliance with Condominium Documents. 5.1.6 Indemnity.............................................. 5.1.7
Compliance with Condominium Documents. To comply with all the terms and conditions of the Master Deed including but not limited to Paragraph 8 thereof, the By-Laws, and any other of the Condominium Documents.
AutoNDA by SimpleDocs
Compliance with Condominium Documents. Borrower shall comply with the provisions of the Condominium Documents and to keep and perform the obligations of a Unit Owner thereunder.
Compliance with Condominium Documents. Tenant’s right to use and occupy the Premises shall be subject and subordinate in all respects to the provisions of the Master Deed and Condominium Bylaws (and any other document referred to in the Master Deed or Bylaws which affects the rights and obligations of a co-owner) of the Condominium (“Condominium Documents”) and to such other rules and regulations as the Board of Directors of the Condo Association may from time to time promulgate (“Rules and Regulations”). Failure by Tenant or any person on the Premises of the Condominium as a result of Xxxxxx’s occupancy to comply with the provisions of the Condominium Documents or the Rules and Regulations shall constitute a material breach of this Lease. Tenant shall indemnify Landlord and the Association against and hold them harmless from any damages, direct or indirect, incurred by Landlord or the Association, as the case may be, as a result of the noncompliance by any of the aforesaid persons with the provisions of the Condominium Documents, Rules and Regulations, or any covenant of this Lease. BY EXECUTION OF THIS LEASE, TENANT ACKNOWLEDGES RECEIPT OF A COPY OF THE CONDOMINIUM DOCUMENTS AND RULES AND REGULATIONS.
Compliance with Condominium Documents. Tenant shall obey and conform to the declaration of condominium, by-laws and rules and regulations of the association which are hereby incorporated herein.
Time is Money Join Law Insider Premium to draft better contracts faster.