Body Corporate - Deed of Engagement 13.04.2022 · 132006.823.10

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NICHOLSONS     Deed of Engagement
  Solicitors


[OCR of page images]
NICI

HOLSONS

Solicitors

__NICHOLSONS__ Page 7
SOLICITORS Caretaking Agreement

 

11.3

11.4

12.
12.4

13.
13.1
13.2

14.
144

15.
15.4

15.2

16,
16.1

The period when an early termination notice may be given is not more than six (6) months
nor less than three (3) months prior to the tenth (10") or twentieth (20") anniversaries of
the date of commencement of this Agreement.

if notice terminating this Agreement is given by the Caretaker to, the Body Corporate this
Agreement will terminate on the date which is the tenth (10) or twentieth (20 ) anniversary
of the date of commencement of this Agreement.
Upon termination the rights of the parties will be the same as if this Agreement had expired
by effiuxion of time. é

NOTICES

Any notice required to be given or served by either party to this Agreement shall be given
or served in the same manner as is provided for in Section 347 of the Property Law Act
4974 whether or not that Act or Section shall be repealed, substituted or amended
subsequent to the date hereof.

cosTS
Each party shail bear their own legal fees relating to this Agreement.

All stamp duty payable on this Agreement and any duplicate thereof shall be borne and
paid by the Caretaker.

SEVERANCE

In the event that any term or provision of this Agreement for any reason whatsoever be
acknowledged by the parties hereto, or be adjudged by a Court, Body or Referee of
competent jurisdiction or be held or rendered by any competent Government authority to
be invalid, illegal, of no force or effect or unenforceable, such terms or provision shall be
severed from the remainder of the terms and provisions of this Agreement and shall be
deemed never to have been part of this Agreement and the remainder of the terms and
provisions of this Agreement shall subsist and remain in full force and effect unless the
basic purposes of this Agreement would thereby be defeated.

FURTHER ASSURANCE

Each of the parties hereto shall procure every person as required to sign and execute all
such further documents and otherwise do all such acts, matters and things as shall be
necessary or desirable to give full force and effect to the provisions of this Agreement.

Without limiting the generality of the preceding clause the Body Corporate hereby agrees
that in the event that any term or provision of this Agreement requires the repeal,
enactment or amendment of any Bytaw to make such a term or provision valid, then the
Body Corporate shall do all such acts matters and things as shall be reasonably necessary
to ensure that such By-law is so repealed, enacted or amended.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the law of
Queensland and each of the parties hereby submits to the non-exclusive jurisdiction of the
Queensland Courts notwithstanding the domicile or residence of any part or the occurrence
of any act, matter or thing outside of Queensland,

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Deed of Engagement