Common use of MANAGING AGENT Clause in Contracts

MANAGING AGENT. The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 16 contracts

Samples: Cape Dahlia, Agreement of Sale, Agreement of Sale

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MANAGING AGENT. 20.1 The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 8 contracts

Samples: Agreement of Sale, Agreement of Sale, Kleijne Wingerd

MANAGING AGENT. 13.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 6 contracts

Samples: www.pamgolding.co.za, www.pamgolding.co.za, www.pamgolding.co.za

MANAGING AGENT. 14.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 5 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

MANAGING AGENT. 13.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) one year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 4 contracts

Samples: On Southdale, Agreement of Sale, Agreement of Sale

MANAGING AGENT. 14.1 The Seller will shall be entitled to appoint the first Managing Agent, which whose appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 3 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

MANAGING AGENT. 21.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 2 contracts

Samples: Deed of Sale, Deed of Sale Sectional Title

MANAGING AGENT. 14.1 The Seller will shall be entitled to appoint the first Managing Agent, Agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (oneONE) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 2 contracts

Samples: Agreement of Sale, Agreement of Sale

MANAGING AGENT. 22.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Scheme which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: thymeinvestments.co.za

MANAGING AGENT. 11.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: www.pamgolding.co.za

MANAGING AGENT. 12.1. The Seller will shall be entitled to appoint the first Managing Agent, Agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: Agreement of Sale

MANAGING AGENT. 15.1. The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) one year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: Agreement

MANAGING AGENT. 19.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: www.pamgolding.co.za

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MANAGING AGENT. 19.1 The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such an appointment.

Appears in 1 contract

Samples: Agreement of Sale

MANAGING AGENT. 18.1 The Seller will be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: Agreement of Sale

MANAGING AGENT. 16.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: lipalesa.co.za

MANAGING AGENT. 18.1 The Seller will shall be entitled to appoint the first Managing Agent, which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: www.pamgolding.co.za

MANAGING AGENT. 19.1 The Seller will Sellers shall be entitled to appoint the first Managing Agent, managing agent as provided for in the Rules of the Body Corporate which appointment shall be valid and binding on the Body Corporate for a period of 1 (oneONE) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: m.brownproperty.co.za

MANAGING AGENT. 12.1 The Seller will shall be entitled to appoint the first Managing Agent, Agent which appointment shall be valid and binding on the Body Corporate for a the initial period of 1 three (one3) year after years following the date of the first annual general meeting opening of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointmentRegister.

Appears in 1 contract

Samples: www.pamgolding.co.za

MANAGING AGENT. 12.1 The Seller will shall be entitled to appoint the first Managing Agent, managing agent which appointment shall be valid and binding on the Body Corporate for a period of 1 (one) year after the date of the first annual general meeting of the Body Corporate, provided that such appointment complies with section 6(2) of the Rules. Insofar as it may be necessary, the Purchaser hereby grants the Seller the irrevocable power to make such appointment.

Appears in 1 contract

Samples: www.pamgolding.co.za

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