Coach 2013 Annual Report Download - page 298

Section 4.8 Agreements, Contracts, Deeds, Check, etc. All agreements, contracts, deeds, leases, notices, checks and other instruments of
the Condominium shall be executed by such officers of the Condominium or by such other person or persons as may be designated by the Board of
Managers; and any of such functions may be delegated by the Board of Managers to the managing agent of the Condominium. The managing agent of the
condominium is hereby authorized to issue in the name of the Board of Managers notices of default in respect of any failure to pay Common Charges (or any
amount payable as Common Charges) as and when due in accordance with the terms of the Condominium Documents.
Section 4.9 Compensation of Officers. No officer shall receive any compensation from the Condominium for acting as such.
Article 5
Notices
Section 5.1 Notices. Except as otherwise expressly provided in the Declaration or these By-Laws, all requests, notices, reports, demands,
approvals and other communications required or desired to be given pursuant to the Declaration and/or the By-Laws shall be in writing and shall be delivered:
(a) if to the Board of Managers, in person or sent to the principal office of the Board of Managers or to such other address as the Board of Managers may
designate from time to time, by notice in writing to all Unit Owners, with a duplicate sent to the Managing Agent, if any; (b) if to a Unit Owner, in person or
sent to the Unit Owner at the Building, or to such other address as the Unit Owner may designate from time to time, by notice in writing to all Unit Owners
and the Board of Managers; and (c) if to a member of the Board, to the address of such member as shall be specified in the written designation thereof by such
individual, or to such other address as may have been designated by such member from time to time in writing to the Secretary of the Board and to the other
members of the Board; and (d) if to the Permitted Mortgagees, Declarant Net Lessees or Declarant, either delivered in person or sent to their respective
addresses, as designated by them from time to time in writing to the Board of Managers. A copy of any notice to a Declarant Net Lessee, in its capacity as a
Declarant Net Lessee, will be delivered to Declarant and to any Declarant Net Lessor of which the Board of Managers has notice. All notices delivered in
person (to the extent permitted herein) shall be deemed to have been given when delivered in person. Unless other means of giving certain notices are specifically
required or permitted pursuant to the Condominium Documents, all notices which are “sent” shall be sent either (x) by registered or certified mail, return
receipt requested, and shall be deemed to have been given three (3) business days after deposit in a depository maintained by the U.S. Postal Service in a
postage prepaid sealed wrapper or (y) by nationally recognized overnight courier service and shall be deemed to have been given the first business day (for
domestic delivery) and the third business day (for international delivery), after deposit with an overnight courier service, provided that notices of change of
address shall in all events be deemed to have been given when received.
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