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Exact(18)
If the proprietary lease does not provide for a flip tax, Mr. Siegler said, it would be necessary to amend the lease.
If the proprietary lease is silent on the issue, Mr. Brill said, responsibility for the sleeve would probably depend on its type.
If the proprietary lease provides that the co-op is not liable for deliveries, Mr. Brucker said, the letter writer would probably have no basis for seeking reimbursement.
If the proprietary lease specifically requires the shareholder to remain in residence, then children cannot live in the apartment without the shareholder.
He said that since the court specifically based its opinion on the business judgment rule, it was clearly indicating the same result would have occurred if the proprietary lease had provided for action directly by the board.
(If neither document contains such authority, he said, a flip tax can be imposed only if the proprietary lease is amended. Typically, that requires a vote of a "supermajority" of shareholders — two-thirds or three-quarters of the outstanding shares).
Similar(40)
The drinks, when they arrived, were simple, supple, and unconventional, prompting one to ask if they were the proprietary recipes of the titular Mr. Fong.
And the company has once again included quick charging, if you use the proprietary adapter, promising six hours of life after plugging it in for 15 minutes.
"If, as is common, the proprietary lease makes window maintenance, repair and replacement the obligation of the cooperative, then the cooperative cannot leave it up to individual shareholders to replace their windows," Mr. Shmulewitz said.
"It will be adopted more quickly as open source than had if was created as the proprietary technology of a single company".
However, if you can accept the proprietary filament and/or are ready to refill the filament cartridges when (and let's face it, this will probably happen) XYZPrinting stops making these cartridges or goes out of business, you might be in luck.
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