Membership/Obligation of the Purchaser. Membership of the Said Club being compulsory for the Project Co-Owners, the Purchaser (which expression, in the context of the Said Club, means only 1(one) person if the number of Purchasers under this Agreement is more than 1(one), as be nominated interse among the Purchasers) agrees to become a member of the Said Club, on the preliminary terms and conditions recorded in this Agreement. The Purchaser understands and accepts that (1)detailed terms and conditions of membership and rules and regulations governing use of the Said Club and its facilities (Club Scheme) will be formulated in due course and circulated to members before the Said Club is made operational (2)all members (including the Purchaser) will be required to abide by the Club Scheme and (3) the acceptance by the Purchaser of the Club Scheme shall be a condition precedent to completion of transfer of the Said Unit And Appurtenances in terms of this Agreement provided however the Club Scheme may be modified by consent of 80% (eighty percent) or more of the Project Co-Owners.
