Common use of Club Clause in Contracts

Club. The 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 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 shall neither be involved nor be liable for the same under any circumstances whatsoever.

Appears in 3 contracts

Samples: Agreement for Sale Cum Assignment, Agreement for Sale‐cum‐assignment, Agreement for Sale Cum Assignment

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Club. The 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 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 shall neither be involved nor be liable for the same under any circumstances whatsoever.

Appears in 2 contracts

Samples: Agreement for Sale‐cum‐assignment, Agreement for Sale Cum Assignment

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