Club Initiation Fee Sample Clauses
The Club Initiation Fee clause establishes the requirement for new members to pay a one-time fee upon joining a club. This fee is typically collected at the time of application or acceptance and is separate from ongoing membership dues or other charges. By specifying the initiation fee, the clause ensures that the club can cover administrative costs associated with onboarding new members and helps clarify the financial obligations for prospective members upfront.
Club Initiation Fee. Payment of the initiation fee (but not annual dues) to the golf or country club of ▇▇▇▇▇▇▇▇’▇ choice, in the Las Vegas, Nevada, area, subject to approval by the Board of Directors.
Club Initiation Fee. Payment of the initiation fee to the golf or country club of ▇▇▇▇▇▇▇▇’▇ choice, in the Las Vegas, Nevada, area, subject to approval by the Board of Directors. To the extent ▇▇▇▇▇▇▇▇ pays such fees directly and is subsequently reimbursed by the Company, any such reimbursement shall be made by the last day of the calendar year following the calendar year in which the fee was incurred, and the fees eligible for reimbursement in any one calendar year shall not affect the fees eligible for reimbursement in any other calendar year.”
Club Initiation Fee. Upon Employee becoming Chief Executive Officer, AmeriPath agrees to pay or reimburse Employee for the initiation fee at a country club in the West Palm Beach area selected by Employee. Employee shall be responsible for the monthly club membership fees, but other business expenses at such club may be reimbursable as appropriate pursuant to Section 4(a). Upon termination of this Agreement, Employee shall either (i) give up his membership at said country club and cause any refund of all or a portion of the initiation fee due from the club in connection therewith to be paid to AmeriPath or (ii) retain such membership and pay to AmeriPath the amount that would have been paid to AmeriPath (as described in clause (i) above) if he had resigned his membership.
Club Initiation Fee. Effective January 1, 2007, Employer shall reimburse Executive for initiation fees (“grossed up” for federal and state income taxes) for one country club in the metropolitan Atlanta area.
Club Initiation Fee. The University shall pay the initiation or sponsorship fee to one (1) Boulder or Denver, Colorado area social or country club on behalf of ▇▇▇▇▇▇▇. The University and ▇▇▇▇▇▇▇ will mutually agree on the social or country club subject to this provision. All dues and other ongoing membership payments to such club shall be paid by ▇▇▇▇▇▇▇.
Club Initiation Fee. The Bank shall reimburse the Executive for her final initiation fee for membership, in the name of Executive, in Westwood Country Club, not to exceed Six Thousand and No/100 Dollars ($6,000.00). .