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The initial meeting
of the Voting Members shall be held upon written notice, not less than
twenty-one (21) days or more than thirty (30) days given by Declarant
or Developer. Such written notice may be given at any time but not later
than sixty (60) days after the conveyance by the Declarant of seventy-five
percent (75%) of the Units or three (3) years after the recording of the
Declaration or the most recent amendment thereto, whichever is earlier;
provided , however, the words "75%) of the sum of the Units listed
on Exhibit "C" attached hereto plus all of the Units which Developer
contemplates constructing on the Additional Land and adding to the Property
pursuant to one or more Amendments to Condominium Declaration described
in Article XV of the Declaration. |