Common use of Facility Manager Clause in Contracts

Facility Manager. The Assignor shall arrange for maintenance and management of specified services with regard to the Common Portions of the Said Complex either itself or through a professional facility management organization (Facility Manager). In this regard, it is clarified that (1) the Facility Manager shall operate, manage and render specified day to day services with regard to the Common Portions, (2) the Facility Manager shall levy and collect the Common Expenses/Maintenance Charges, (3) subject to Clause 8.4.2 (e) above, the Buyer shall be bound to pay the Common Expenses/Maintenance Charges to the Facility Manager, (4) the Facility Manager will not be required to render any accounts for the Common Expenses/Maintenance Charges to the Buyer and it shall be deemed that the Facility Manager is rendering the specified services to the Buyer for commercial consideration, (5) the ownership of the Common Portions (subject to the terms of this Agreement) shall vest in all the co-owners of the Said Complex through the Association and the Facility Manager shall merely be the service provider for rendition of specified services with regard to the Common Portions and (6) the Facility Manager may be replaced by the consent of 80% (eighty percent) or more of the co-owners of the Said Complex.

Facility Manager. The Assignor Seller / Association shall arrange for maintenance and management of specified services with regard to the Common Portions of the Said Complex either itself or through a professional facility management organization (Facility Manager). It is clarified that the expression Facility Manager shall mean and include the Seller / Association or the professional facility management organization. In this regard, it is further clarified that (1) the Facility Manager shall operate, manage and render specified day to day services with regard to the Common Portions, Portions (2) the Facility Manager shall levy and collect the Common Expenses/Expenses/ Maintenance Charges, Charges (3) subject to Clause 8.4.2 (ef) above, the Buyer shall be bound to pay the Common Expenses/Maintenance Charges to the Facility Manager, Manager (4) the Facility Manager will not be required to render any accounts for account of the Common Expenses/Maintenance Charges to the Buyer and it shall be deemed that Seller and/or the Facility Manager is rendering Association as per the specified services to the Buyer for commercial consideration, terms of their appointment (5) the ownership of the Common Portions (subject to the terms of this Agreement) shall vest in all the co-owners of the Said Complex through the Association and the Facility Manager shall merely be the service provider for rendition of specified services with regard to the Common Portions and (6) the Facility Manager may be replaced by the consent of 80% (eighty percent) or more of the co-owners of the Said Complex.

Facility Manager. The Assignor shall arrange for maintenance and management of specified services with regard to the Common Portions of the Said Complex either itself or through a professional facility management organization (Facility Manager). In this regard, it is clarified that (1) the Facility Manager shall operate, manage and render specified day to day services with regard to the Common Portions, Portions (2) the Facility Manager shall levy and collect the Common Expenses/Maintenance Charges, Charges (3) subject to Clause 8.4.2 (e) above, the Buyer shall be bound to pay the Common Expenses/Maintenance Charges to the Facility Manager, Manager (4) the Facility Manager will not be required to render any accounts for the Common Expenses/Expenses/ Maintenance Charges to the Buyer and it shall be deemed that the Facility Manager is rendering the specified services to the Buyer for commercial consideration, consideration (5) the ownership of the Common Portions (subject to the terms of this Agreement) shall vest in all the co-owners of the Said Complex through the Association and the Facility Manager shall merely be the service provider for rendition of specified services with regard to the Common Portions and (6) the Facility Manager may be replaced by the consent of 80% (eighty percent) or more of the co-co- owners of the Said Complex.

Facility Manager. The Assignor Developer/Association shall arrange for maintenance and management of specified services with regard to the Common Portions of the Said Complex either itself or through a professional facility management organization (Facility Manager). It is clarified that the expression Facility Manager shall mean and include the Developer/Association or the professional facility management organization. In this regard, it is further clarified that (1) the Facility Manager shall operate, manage and render specified day to day services with regard to the Common Portions, Portions (2) the Facility Manager shall levy and collect the Common Expenses/Expenses/ Maintenance Charges, Charges (3) subject to Clause 8.4.2 (ef) above, the Buyer shall be bound to pay the Common Expenses/Maintenance Charges to the Facility Manager, Manager (4) the Facility Manager will not be required to render any accounts for account of the Common Expenses/Maintenance Charges to the Buyer and it shall be deemed that Developer and/or the Facility Manager is rendering Association as per the specified services to the Buyer for commercial consideration, terms of their appointment (5) the ownership of the Common Portions (subject to the terms of this Agreement) shall vest in all the co-owners of the Said Complex through the Association and the Facility Manager shall merely be the service provider for rendition of specified services with regard to the Common Portions and (6) the Facility Manager may be replaced by the consent of 80% (eighty percent) or more of the co-owners of the Said Complex.

Facility Manager. The Assignor shall arrange for maintenance Notwithstanding anything contained in the Said Agreement, it is clarified that the Developer may handle or may hand over management and management upkeep of specified services with regard to the all Common Portions of Areas in the Said Complex either itself or through to a professional facility management organization (Facility Manager). In this regard, it is clarified that (1) the Developer/ Facility Manager shall operate, manage and render specified day to day services with regard to the Common Portions, Areas (2) the Developer/ Facility Manager shall levy and collect the Common Expenses/Maintenance Charges, Charge (3) subject to Clause 8.4.2 (e) above, the Buyer Buyers shall be bound to pay the Common Expenses/Maintenance Charges Charge to the Developer/ Facility Manager, Manager (4) the Developer/ Facility Manager Manager, being a professional commercial organization, will not be required to render any accounts for the Common Expenses/Maintenance Charges to the Buyer Buyers and it shall be deemed that the Developer/ Facility Manager is rendering the specified services to the Buyer Buyers for commercial consideration, considerations (5) subject to the terms and conditions of this Conveyance, the ownership of the Common Portions (subject to the terms of this Agreement) Areas shall vest in all the co-owners residents of the Said Complex through Building, represented by the Association (after formation) and the Developer/ Facility Manager shall merely be the service provider for rendition of specified services with regard to the Common Portions Areas and (6) the Facility Manager may be replaced by the consent of 80% (eighty percent) or more of the co-owners Transferees of the Said ComplexComplex and the Project Extension after formation of the Association of all the Transferees and prior to the formation of the said Association, the Developer shall be at liberty to replace and/or impeach the Facility Manager at its sole discretion.

Facility Manager. The Assignor Ideal shall arrange for maintenance and management of specified services with regard to the Common Portions of the Said Complex either itself or through a professional facility management organization (Facility Manager). In this regard, it is clarified that (1) the Facility Manager shall operate, manage and render specified day to day services with regard to the Common Portions, Portions (2) the Facility Manager shall levy and collect the Common Expenses/Expenses/ Maintenance Charges, Charges (3) subject to Clause 8.4.2 (e8.4.2(e) above, the Buyer shall be bound to pay the Common Expenses/Maintenance Charges to the Facility Manager, Manager (4) the Facility Manager will not be required to render any accounts for the Common Expenses/Maintenance Charges to the Buyer and it shall be deemed that the Facility Manager is rendering the specified services to the Buyer for commercial consideration, consideration (5) the ownership of the Common Portions (subject to the terms of this Agreement) shall vest in all the co-owners of the Said Complex in the Said Premises through the Association and the Facility Manager shall merely be the service provider for rendition of specified services with regard to the Common Portions and (6) the Facility Manager may be replaced by the consent of 80% (eighty percent) or more of the co-owners of the Said Complex.