Common use of MANAGING AGENT Clause in Contracts

MANAGING AGENT. The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent shall be entitled to exercise all such powers as the Seller may determine. Nothing in this clause shall, however, be interpreted to relieve the Seller of any of its obligations to the Purchaser as set out in this agreement.

MANAGING AGENT. 24.1 The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent shall be entitled to exercise all such powers as the Seller may determine. Nothing in this clause shall, however, This delegation shall be interpreted to relieve binding on the Seller of any of its obligations to the Purchaser as set out in this agreementbody corporate once it is formed.

MANAGING AGENT. 25.1 The Seller may appoint and or delegate any any, or all of its powers and duties in the management of the development Development, to a managing agent of its choiceagent, for a maximum period of 1 (ONEone) year from the date of the opening of the Sectional Title Register. This managing agent shall be entitled to exercise all such powers as the Seller may determine. Nothing The appointment and delegations, in terms of this clause shallclause, howevershall be binding on the body corporate, be interpreted to relieve once it is formed for the Seller term of any of its obligations to the Purchaser as set out in this agreementsuch appointment.

MANAGING AGENT. The Seller may appoint and delegate any or all of its powers and duties in the management of the development Development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Registerfirst transfer of any property within the Development to any purchaser. This managing agent shall be entitled to exercise all such powers as the Seller may determine. Nothing in this clause shall, however, be interpreted to relieve the Seller of any of its obligations to the Purchaser as set out in this agreementAgreement.

MANAGING AGENT. 24.1. The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent shall be entitled to exercise all such powers as the Seller may determine. Nothing in this clause shall, however, This delegation shall be interpreted to relieve binding on the Seller of any of its obligations to the Purchaser as set out in this agreementbody corporate once it is formed.

MANAGING AGENT. 19.1 The Seller may appoint and delegate any or all of its powers and duties in the management of the development to a managing agent of its choice, for a maximum period of 1 (ONE) year from the date of the opening of the Sectional Title Register. This managing agent , who shall be entitled to exercise all such powers as the Seller may determine. Nothing in this clause shall, however, be interpreted to relieve the Seller of any of its obligations to the Purchaser as set out in this agreement.