Fitness Facility License Agreement. Purchaser as owner of the Unit will enjoy certain access privileges while in residence and be subject to certain obligations pursuant to the terms of that certain Fitness Facility License Agreement to be entered into between the Association and an affiliate of Seller (the “Fitness Facility License Agreement”) in the subject fitness facility located with the One Snowmass condominium project (the “Fitness Facility”) to the extent that the Fitness Facility License Agreement remains in full force and effect. The Fitness Facility will be initially owned and operated by an affiliate of Seller. The Fitness Facility is subject to other license agreements with other associations and third parties who shall enjoy access rights and privileges to the Fitness Facility. Purchaser is advised to review the Fitness Facility License Agreement and any limitations and/or restrictions on Purchaser’s rights and the related obligations.
Appears in 5 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement
