Statutory Supervisor definition

Statutory Supervisor means Trustees Executors Limited of ▇▇▇▇▇ ▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ or any replacement statutory supervisor appointed pursuant to the Deed of Supervision.

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Statutory Supervisor means Covenant Trustee Services Limited and its successors and permitted assigns as appointed pursuant to a Deed of Supervision.

Statutory Supervisor means the person holding or occupying the office of Statutory Supervisor established by section 678(1);

Examples of Statutory Supervisor in a sentence

• The Resident agrees to ratify any such signing by the Statutory Supervisor.

• The Statutory Supervisor will only use such power of attorney after consultation with Residents.

• Any review of the Village Outgoings Charge is subject to prior consultation with the Statutory Supervisor and the Residents.

• If there is no Statutory Supervisor, the consultation is to take place at an appropriate time that is a reasonable time before settlement of the transaction.

• The Resident acknowledges and agrees that the Operator will not receive payment for such new Occupation Right Agreement until such payment is authorised by the Statutory Supervisor in accordance with the Deed of Supervision, which requires amongst other matters that the cooling off period prescribed by the Act for such new Occupation Right Agreement has expired (“the Repayment Date”).

• To insure and keep insured with a reputable insurance company all buildings, the Operator’s Chattels in the Village and capital improvements or additional fittings provided by residents for their full replacement value against loss or damage by fire earthquake and other usual insurable risks, to the satisfaction of the Statutory Supervisor.

• The Trust will send a copy of any notice increasing the Outgoings to the Statutory Supervisor.

• The Statutory Supervisor's remuneration and reimbursement of any costs, charges and expenses payable to the Statutory Supervisor shall be for the account of the Limited Partnership.

• Except where the Statutory Supervisory decides that it would be impracticable to do so, in which case clauses 9.2 to 9.5 will apply mutatis mutandis (with the necessary changes), the Statutory Supervisor will be registered as the proprietor of the Limited Partnership's land in trust for the Limited Partners as tenants in common in the same proportion that the number of LP Units held by each Limited Partner bears to the total number of LP Units in the Limited Partnership.

• The General Partner may (subject to the provisions of the Securities Act) terminate the appointment of the Statutory Supervisor by giving 3 months' written notice to the Statutory Supervisor.

More Definitions of Statutory Supervisor

Statutory Supervisor means Covenant Trustee Services Limited appointed as the Statutory Supervisor and Trustee under a Deed of Supervision dated 29 August 2007, a Deed of Variation of Supervision dated 25 January 2012 and a Deed of Retirement and Accession dated 18 February 2014.’

Statutory Supervisor means the statutory supervisor appointed pursuant to the Retirement Villages Act 2003; and

Statutory Supervisor means Perpetual Trust Limited acting in that capacity under the Deed of Participation.

Statutory Supervisor means each person appointed as statutory supervisor of each of the Properties in New Zealand which is a retirement village pursuant to the Retirement Villages Act 2003;

Statutory Supervisor means Anchorage Trustee Services Limited, or any successor or replacement.