Examples of Residential Unit Owner in a sentence
If the Structure of the Residential Unit is damaged and either the Residential Unit Owner consents to the Restoration or the Structure is required to be Restored pursuant to Section 12.8, Shared Facilities Manager may only delegate responsibility for Restoration of the Structure in which the Residential Unit is located to the Residential Unit Owner.
In consideration of the reservation and grant of easement over the Hotel Unit, as provided in Article VI above, each Residential Unit Owner shall be obligated for payment of the expenses incurred by the Hotel Operator in connection with such maintenance, repair, replacement, improvement, management, operation and insurance, all as more particularly provided in Article XIII below.
Each Participating Residential Unit Owner understands and agrees that the Hotel Operator may, on a regular or periodic basis, deactivate keys to the Units to enforce the registration obligation set forth herein.
Each Residential Unit Owner that elects to participate will enter into a rental agreement in the form attached hereto as Exhibit D (“Rental Agreement”) engaging Purchaser to act as the Residential Unit Owner’s exclusive agent for the purpose of renting, operating and managing its Residential Condominium Unit (thereby making the Residential Condominium Unit one of the “Participating Units” and making the Residential Unit Owner a “Participating Unit Owner,” as those terms are hereinafter defined).
Provided, however, that no Residential Unit Owner may cast more than one (1) vote for any person nominated as a Director, it being the intent hereof that voting for Directors shall be non-cumulative.
A Residential Unit Owner or an Owner of any Commercial Units, other than the Owner of Unit C-3, shall do nothing within or outside their Units that interferes with or impairs, or may interfere with or impair, the provision of such utility, cable television, communications and security systems, or other service or drainage facilities or the use of these easements.
The Residential Unit Owner shall be bound by and comply with all applicable Legal Requirements of the City (including without limitation the City’s Codes and Ordinances) and any other applicable Governmental Authority relating to noise and nuisance, and shall implement and enforce policies, rules, regulations and limitations with respect to noise and nuisance on the pool deck and other Amenities Areas located within its Unit in accordance with such Legal Requirements.
In addition, no Owner of a Resort Residential Property or Residential Unit Owner may use, develop or subdivide such Resort Residential Property (or permit the use, development or subdivision thereof) for any of the uses or activities listed in EXHIBIT Q; provided, however, that nothing in this Section 6.6 or Exhibit Q shall prohibit the rental to transient guests of any interval ownership units developed by Marriott International, Inc., or any of its Affiliates.
The Residential Unit Owner agrees to include binding provisions in its rental or other occupancy agreements with Tenants and other Permitted Users of the Residential Unit to compel enforcement of such policies, rules, regulations and limitations.
The Residential Unit Owner further agrees to install and maintain a sound-attenuating fabric and/or other sound dampening material as well as shrubbery concealing such fabric or material from view along the southern perimeter of the Amenities Area located within the Residential Unit.