Property Owners’ Associations Sample Clauses

Property Owners’ Associations. Buyer acknowledges that if it accepts the Deed at the Closing, Buyer shall become a member of The Town Foundation, Inc. (the "Foundation"), the Declarations of which have been recorded in the Public Records of the County. Buyer hereby acknowledges and agrees that the Foundation is separate and distinct from Seller and that Seller has in no manner contracted, guaranteed, represented or warranted that the Foundation will take or forebear any action with regard to Buyer, the Property or any of Buyer's activities thereon. Further, Seller shall not, in any manner, be responsible to Buyer or any other person or entity for any action taken or forborne by the Foundation. The provisions of the Section shall survive Closing and delivery of the Deed.
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Property Owners’ Associations. 27.1 The Purchaser agrees and acknowledges that the Unit is situated in the Parklands North Security Enclave Property Owners Association and the Parklands Home Owners Associations (“collectively referred to as the Associations”), and as such, the Purchaser shall automatically become and remain a member of the Associations against transfer, as long as the Purchaser is the registered owner thereof. INITIAL
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Property Owners’ Associations. The Developer may establish, in its discretion, 1 or more property owners’ association(s) for the Project (the “Association”). The Association shall own and be responsible for maintenance of internal roadways, lighting, common landscape improvements, fencing, signage, pedestrian easements, the MSSW system components and any common property or facilities within the Project. The Association and/or Developer shall have the right to transfer the maintenance obligation and title to any of the common property or facilities to any successor-in-interest, or to the City or other appropriate entity if authorized by City; provided, however, that the City is under no obligation to accept the transfer of title. The duties and responsibilities of multiple associations shall be reasonably harmonized and coordinated pursuant to the documents assigning responsibilities to the various organizations. The Association shall provide for a person or persons who shall be responsible for providing reasonable coordination with the City relative to development activities and related matters.
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Property Owners’ Associations. Prior to the issuance of any certificate of occupancy for a building developed on the Real Property, a Master Property Owners’ Association (MPOA) shall be established. When the MPOA is established pursuant to this paragraph, membership in the MPOA will be mandatory for any property owner. The MPOA will be funded by dues to be established in its recorded restricted covenants. The MPOA’s responsibility will be to manage the affairs of the MPOA including the enforcement of recorded documents and the maintenance of common areas. There may be individual property owners’ associations (POA) established for each development tract which will incorporate its own common areas and be managed by each POA and governed by the MPOA. A POA may contract with the MPOA for maintenance and/or management services. The MPOA’s governing documents may also establish an Architectural Review Board (ARB) to review and approve all structures and any additions or improvements such as fences, ponds, garages, barns, etc. The Town will maintain the Facilities that are accepted by the Town, pursuant to the applicable provisions of the Current Regulations, upon tender by the Property Owner, provided said Facilities are designed for construction in accordance with the specifications approved by the Town, and provided further that the Facilities, as built, are in good condition and not subject to any monetary lien.
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Property Owners’ Associations. Prior to final plat approval or prior to issuance of the first certificate of occupancy within the development, whichever is earlier, Developer willOwners shall form and incorporate a, or join an existing non-profit property owners' associationassociations for the community and common areas. The final plat shall include such language as the City may deem necessary to reflect the association’sassociation's responsibilities. The associationassociations shall be responsible for operation, maintenance, and control of all common areas and common facilities, including signage, and landscaping [specify and add any other additional common elements]. , and neighborhood support uses. The associationassociations shall have authority to establish and assess dues and fees upon its members in order to recoup the cost of maintenance, and the power to impose and enforce liens against those members who fail to pay such assessments. All streets, drainage and common areas, such walls, wing walls, lighting, clubhouses, and playgrounds shall be maintained by the property owners' association. All persons purchasing property within the project shall be members of the property owners' association. DeveloperOwners may from time to time add additional covenants and restrictions or make changes in associationthe by-laws as may be required to guarantee that the project will be developed in accordance with the policies outlined in this Agreement.
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Property Owners’ Associations. The Property is subject to the ---------------------------- Declaration of Covenants, Conditions and Restrictions for Abacoa recorded in Official Records Book 9739, Page 1629, Public Records of Palm Beach County, Florida ("Master Declaration"), the Articles of Incorporation and By-Laws of Abacoa Property Owner's Assembly, Inc., a Florida corporation not-for-profit (the "Master POA"), which has been established as a master community or property owners association for all of the Abacoa Project under the Master Declaration. The Property also will be subject to a Workplace District master and/or sub declaration of covenants, conditions and restrictions to be recorded in the Public Records of Palm Beach County, Florida (collectively, the "Project Declaration") establishing a master and/or sub property owners' association(s) (collectively, the "Project POA"), and the articles of incorporation and by-laws of the Project POA, which will be established as a property owners subassociation under the Master Declaration. Buyer acknowledges that Seller will be preparing the Project Declaration and that the Project Declaration may contain provisions concerning, among other matters, reconveyance of the Property to Seller, at Seller's option, in the event that construction of vertical improvements to the Property does not commence within a specified time period, cross access and parking easements, common area maintenance, assessments for common area maintenance and other expenses (such as real property taxes and assessments), lien rights with respect to assessments, and site plan and architectural review and approval. Subject to the foregoing, Buyer shall have the right to approve the Project Declaration, provided that such approval shall not be unreasonably withheld, delayed or conditioned. If Buyer objects to any provision(s) of the Project Declaration and Seller believes in good faith that such provision(s) are commercially reasonable and consistent (as applicable) with other declarations in the Abacoa Project, then Seller shall have the right to include such provision(s) in the Project Declaration notwithstanding Buyer's objection provided that such provision(s) do not directly affect the use of the Property or the intensity of development or timing of development of the Property. Buyer agrees to accept title to the Property subject to the Master Declaration and the Project Declaration and to abide by and comply with all of the terms and conditions thereof. Buyer ackno...
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Property Owners’ Associations. The list of property owners associations set forth on the attached Schedule 8.04 is complete and correct, there are no other property owners or homeowners associations affecting any of the land mortgaged to PSLA and/or THH, or to be mortgaged to PSLA pursuant to this Agreement, and the information set forth on the attached Schedule 8.10 is correct.
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Property Owners’ Associations. Seller shall use commercially reasonable efforts (but shall not be required to expend any sum or incur any liability) to obtain from any property owner’s association having jurisdiction over the Property written confirmation for the benefit of Purchaser that, to the knowledge of such association, that the Seller nor the Property is in default under the covenants, conditions and restrictions administered by such association. Delivery of such confirmation shall not be a condition precedent to Purchaser’s obligations to close the transaction contemplated by this Agreement.
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Related to Property Owners’ Associations

  • Property Manager Any entity that has been retained to perform and carry out property rental, leasing, operation and management services at one or more of the Properties, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property.

  • Access to Properties Subject to the rights of Tenants, Borrower shall permit agents, representatives and employees of Lender to inspect the Properties or any part thereof at reasonable hours upon reasonable advance notice.

  • Condominium Documents Mezzanine Lender shall have received copies of all Condominium Documents;

  • Property Management Borrower will provide for professional management of the Mortgaged Property by the Property Manager at all times under a property management agreement approved by Lender in writing. Borrower will not surrender, terminate, cancel, modify, renew or extend its property management agreement, or enter into any other agreement relating to the management or operation of the Mortgaged Property with Property Manager or any other Person, or consent to the assignment by the Property Manager of its interest under such property management agreement, in each case without the consent of Lender, which consent will not be unreasonably withheld.

  • Property Ownership The Fund owns or leases all such properties as are necessary to the conduct of its operations as presently conducted.

  • CC&Rs Tenant shall comply with all recorded covenants, conditions, and restrictions currently affecting the Project. Additionally, Tenant acknowledges that the Project may be subject to any future covenants, conditions, and restrictions (the “CC&Rs”) which Landlord, in Landlord’s discretion, deems reasonably necessary or desirable, which do not materially adversely affect Tenant’s rights, or materially increase Tenant’s obligations under this Lease, and of which Tenant is given prior written notice, and Tenant agrees that this Lease shall be subject and subordinate to such CC&Rs. Landlord shall have the right to require Tenant to execute and acknowledge, within fifteen (15) business days of a request by Landlord, a “Recognition of Covenants, Conditions, and Restriction,” in a form substantially similar to that attached hereto as Exhibit I, agreeing to and acknowledging the CC&Rs.

  • Landlord and Storage Agreements Upon request, provide Agent with copies of all existing agreements, and promptly after execution thereof provide Agent with copies of all future agreements, between an Obligor and any landlord, warehouseman, processor, shipper, bailee or other Person that owns any premises at which any Collateral may be kept or that otherwise may possess or handle any Collateral.

  • Maintain Properties Maintain all properties necessary to its operations in good working order and condition, make all needed repairs, replacements and renewals to such properties, and maintain free from Liens all trademarks, trade names, patents, copyrights, trade secrets, know-how, and other intellectual property and proprietary information (or adequate licenses thereto), in each case as are reasonably necessary to conduct its business as currently conducted or as contemplated hereby, all in accordance with customary and prudent business practices.

  • Access to Property Borrower shall permit agents, representatives and employees of Lender to inspect the Property or any part thereof at reasonable hours upon reasonable advance notice.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

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