Common use of MEMBERSHIP SALES Clause in Contracts

MEMBERSHIP SALES. Tenant shall not sell and/or classify or reclassify memberships, or set initiation fees, dues and other charges or materially increase or decrease the number of memberships available at the Property, except as follows:

Appears in 13 contracts

Samples: Pledge Agreement (Golf Trust of America Inc), Lease (Golf Trust of America Inc), Pledge Agreement (Golf Trust of America Inc)

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MEMBERSHIP SALES. Tenant shall not sell and/or classify or reclassify memberships, or set initiation fees, dues and other charges or materially increase or decrease the number of memberships available at the Property, except as follows:approved by Landlord, in Landlord's reasonable discretion.

Appears in 2 contracts

Samples: Lease (Golf Trust of America Inc), Lease (Golf Trust of America Inc)

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