Common use of No conversion of the Common Areas and Facilities Clause in Contracts

No conversion of the Common Areas and Facilities. (a) No Owner (including the First Owner) shall have the right to convert any part of the Common Areas and Facilities to his own use or for his own benefit unless approved by the Owners’ Committee. Any payment received for the approval shall be credited to the Special Fund.

Appears in 4 contracts

Samples: 852images.oss-cn-hongkong.aliyuncs.com, marinpoint.com, cooresidence.com.hk

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No conversion of the Common Areas and Facilities. (a) No Owner (including the First Owner) shall have the right to convert any part of the Common Areas and Facilities or any part thereof to his own use or for his own benefit unless approved with the approval by a resolution of the Owners’ Committee. Any payment received for the granting of such approval shall be credited to the Special Fund.

Appears in 1 contract

Samples: www.grandjete.hk

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