Common use of Seller's Right Clause in Contracts

Seller's Right. 18.1 Pending establishment of the body corporate the Seller shall be entitled to: 18.1.1 make Conduct Rules for the use and enjoyment of the Common Property; 18.1.2 enter the Unit at all reasonable times or to authorise its agents or workmen so to enter to inspect same or to carry out repairs; and 18.1.3 exercise all the rights and powers which a body corporate would be entitled to exercise in terms of the Act in respect of the Building, the Land and the owners and/or occupants of Units. 18.2 The Purchaser hereby appoints the Seller or the Seller’s nominee, irrevocably and in rem suam and with power of substitution, to be his lawful agent and attorney to convene such meetings of the body corporate as it deems necessary and there to vote as the Purchaser’s proxy in favour of any resolution of the body corporate to amend the Rules or pass any other resolution as may be required: 18.2.1 by any Bondholder for the grant of its consent to the opening of the Sectional Title Register; 18.2.2 by the Local or Provincial Authority and/or by a Mortgagee prior to the grant of a Sectional Mortgage Bond over a Unit in the Scheme; 18.2.3 by the Seller in order to ensure the proper and efficient management and control of the Scheme, or to ensure that the Seller is able to exercise in full its rights to develop the Scheme further and to do all things and sign all documents on the Purchaser’s behalf to give effect to such resolution.