Common use of Club Clause in Contracts

Club. The Allottee/Transferee shall have an option of becoming a member of Club Sinclairs upon payment of all requisite fees and charges for the same as demanded and under the terms and conditions as fixed by the Sinclairs authority from time to time. In the event of the Allottee/Transferee exercising its option to become a member thereof, it shall be bound by the rules and regulations of the Club, all of which will be fixed and/or determined by the Club from time to time, including regarding any default in payment of any fees and/or charges. All decisions in this regard shall be entirely of Sinclairs and the Promoter/Transferor shall neither be involved nor be liable for the same under any circumstances whatsoever.

Appears in 4 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

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Club. The Allottee/Transferee shall have an option of becoming a member of Club Sinclairs upon payment of all requisite fees and charges for the same as demanded and under the terms and conditions as fixed by the Sinclairs authority from time to time. In the event of the Allottee/Transferee exercising its option to become a member thereof, it shall be bound by the rules and regulations of the Club, all of which will be fixed and/or determined by the Club from time to time, including regarding any default in payment of any fees and/or charges. All decisions in this regard shall be entirely of Sinclairs Xxxxxxxxx and the Promoter/Transferor shall neither be involved nor be liable for the same under any circumstances whatsoever.

Appears in 3 contracts

Samples: Sale Agreement, Sale Cum Assignment Agreement, Sale Agreement

Club. The Allottee/Transferee Allottee shall have an option of becoming a member of Club Sinclairs upon payment of all requisite fees and charges for the same as demanded and under the terms and conditions as fixed by the Sinclairs authority from time to time. In the event of the Allottee/Transferee Allottee exercising its option to become a member thereof, it shall be bound by the rules and regulations of the Club, all of which will be fixed and/or determined by the Club from time to time, including regarding any default in payment of any fees and/or charges. All decisions in this regard shall be entirely of Sinclairs Xxxxxxxxx and the Promoter/Transferor Promoter shall neither be involved nor be liable for the same under any circumstances whatsoever.

Appears in 2 contracts

Samples: Sale Cum Assignment Agreement, Sale Agreement

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Club. The Allottee/Transferee Allottee shall have an option of becoming a member of Club Sinclairs upon payment of all requisite fees and charges for the same as demanded and under the terms and conditions as fixed by the Sinclairs authority from time to time. In the event of the Allottee/Transferee Allottee exercising its option to become a member thereof, it shall be bound by the rules and regulations of the Club, all of which will be fixed and/or determined by the Club from time to time, including regarding any default in payment of any fees and/or charges. All decisions in this regard shall be entirely of Sinclairs and the Promoter/Transferor Promoter shall neither be involved nor be liable for the same under any circumstances whatsoever.

Appears in 1 contract

Samples: Sale Agreement

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