Floating Weeks must be reserved each calendar year for the next calendar year upon availability Sample Clauses

Floating Weeks must be reserved each calendar year for the next calendar year upon availability. Choice of Floating Weeks will be given to Owners in the order of the Intervals on the following rotational basis: All Owners will have first choice in either the Fall and Winter weeks or the Spring and Additional Weeks every five years. Specific Owner choice position for their Fall/Winter and Spring/Additional Weeks each year is determined by their specific Interval number stipulated in their Owner’s Purchase Contract or their Transfer, Assumption and Consent Agreement. Using the Interval Rotation Chart (below) and matching the Owner’s assigned Cottage Number with their Interval Number will identify the specific chart Row (referenced by the “Common Interval Reference Letter” column) which will identify the owner’s specific choice position in a perpetual calendar that will repeat every 10 years. **Save and except for a special Purchase Agreement entitlement whereby Cottage 4 Fixed Summer Week 1 Owner shall have the right each calendar year to reserve and combine Spring Week 10 with their Fixed Summer Week 1 prior to the release of the Floating Week Selection Process for Cottage 4. Should the Cottage 4 Fixed Summer Week 1 Owner forfeit this right in any particular year, their choice for a Spring Floating Week will then be made according to their interval and position on the Interval Rotational Chart for Cottage 4. APPENDIX A to this Exhibit "C" is a Chart setting out the rotating sequence of priority for Owners to reserve (i) Fall and Winter Weeks and (ii) Spring and Additional Weeks. Appendix A to Exhibit “C” Inaski Shores - Floating Week Reservation Priority Reservation of floating weeks is administered prior to the Thanksgiving Holiday each calendar year.
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Related to Floating Weeks must be reserved each calendar year for the next calendar year upon availability

  • Automatic Renewal Limitation for TIPS Sales No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.

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