Common use of Clubhouse Clause in Contracts

Clubhouse. 11.1 It is recorded that the Seller intends erecting a Clubhouse with ancillary amenities on the Estate for the use and enjoyment of all owners of property on the Estate. 11.2 The aforesaid facilities shall be owned and/or managed by the Association and operated by the Association or his agent. 11.3 The Purchaser shall be obliged to become and remain a member of the Clubhouse for the duration of the Purchaser’s ownership of the Property. Membership of the Clubhouse shall entitle the Purchaser and his invitees to utilize the facilities of the Clubhouse, subject to the Association’s Rules. Where the Purchaser is a syndicate or partnership of respective co- owners, each such co-owner shall be required to become a member of the Clubhouse. Where the Purchaser is an artificial person (such as a close corporation, company or trust) these conditions of membership will apply in respect of each individual nominee of the Purchaser. 11.4 In the event of the Purchaser leasing the Property, then in that event, the Purchaser shall nominate his tenant as the beneficiary of the Purchaser’s membership of the Clubhouse, in which event the tenant shall be entitled to exercise all the Purchaser’s rights of membership of the Clubhouse (as contemplated in this paragraph 11) to the exclusion of the Purchaser.

Clubhouse. 11.1 It is recorded that the Seller intends erecting a Clubhouse with ancillary amenities on the Estate for the use and enjoyment of all owners of property on the Estate. 11.2 The aforesaid facilities shall be owned and/or managed by the Association Association, and operated by the Association or his agent. 11.3 The Purchaser shall be obliged to become and remain a member of the Clubhouse for the duration of the Purchaser’s ownership of the Property. Membership of the Clubhouse shall entitle the Purchaser and his invitees to utilize the facilities of the Clubhouse, subject to the Association’s Rules. Where the Purchaser is a syndicate or partnership of respective co- co-owners, each such co-owner shall be required to become a member of the Clubhouse. Where the Purchaser is an artificial person (such as a close corporation, company or trust) these conditions of membership will apply in respect of each individual nominee of the Purchaser. 11.4 In the event of the Purchaser leasing the Property, then in that event, the Purchaser shall nominate his tenant as the beneficiary of the Purchaser’s membership of the Clubhouse, in which event the tenant shall be entitled to exercise all the Purchaser’s rights of membership of the Clubhouse (as contemplated in this paragraph 11) to the exclusion of the Purchaser.

Clubhouse. 11.1 It is recorded that the Seller intends erecting a Clubhouse with ancillary amenities on the Estate for the use and enjoyment of all owners of property on the Estate. 11.2 The aforesaid facilities shall be owned and/or managed by the Association Association, and operated by the Association or his agent. 11.3 The Purchaser shall be obliged to become and remain a member of the Clubhouse for the duration of the Purchaser’s ownership of the Property. Membership of the Clubhouse shall entitle the Purchaser and his invitees to utilize the facilities of the Clubhouse, subject to the Association’s Rules. Where the Purchaser is a syndicate or partnership of respective co- co-owners, each such co-owner shall be required to become a member of the Clubhouse. Where the Purchaser is an artificial person (such as a close corporation, company or trust) these conditions of membership will apply in respect of each individual nominee of the Purchaser. 11.4 In the event of the Purchaser leasing the Property, then in that event, the Purchaser shall nominate his tenant as the beneficiary of the Purchaser’s membership of the Clubhouse, in which event the tenant shall be entitled to exercise all the Purchaser’s rights of membership of the Clubhouse (as contemplated in this paragraph 11) to the exclusion of the Purchaser.