Common use of Management and Maintenance of Residents Club Clause in Contracts

Management and Maintenance of Residents Club. The Residents Club shall be managed and maintained by the Vendor for a period of 12 months and thereafter by the Association or the Facility Manager. Club charges for a period of 12 (twelve) months, from the Date Of Possession Notice (defined in Clause 9.6.2 above) have been collected as part of Advance Maintenance Charges. This amount shall be fully appropriated by the Vendor without obligation of any accounting. Charges for Pay & Use facilities for the Residents Club shall be chargeable separately during these 12 months period.

Management and Maintenance of Residents Club. The Residents Club shall be managed and maintained by the Vendor Developer for a period of 12 months and thereafter by the Association or the Facility Manager. Club charges for a period of 12 (twelve) months, from the Date Of Possession Notice (defined in Clause 9.6.2 above) have been collected as part of Advance Maintenance Charges. This amount shall be fully appropriated by the Vendor without obligation of any accountingAssociation. Charges for Pay & Use facilities for the Residents Club shall be chargeable separately during these 12 months period.