Nature of Membership. The Member acknowledges that membership does not give the Member an equity or ownership interest in Hitters Tennis Club or the Facilities, nor does it give the Member a vested or prescriptive right or easement to use the Facilities. Member acknowledges that the interest acquired pursuant to this Agreement is only that of a revocable license to use the Facilities pursuant to the terms, covenants and conditions contained in this Agreement, the Rules and Regulations, and the Application. Members shall not be entitled to any revenues or profits relating to the ownership or operation of Hitters Tennis Club or the Facilities.
Appears in 4 contracts
Samples: Membership Agreement, Membership Agreement, Membership Agreement
