Common use of THE CLUB Clause in Contracts

THE CLUB. 9.1 The Club- The Owner/Promoter proposes to set up the Club which, together with its assets and facilities, shall form part of the common areas of the Residential Complex. The Owner/Promoter reserves the right to decide the amenities and facilities to be provided in the Club. It is expected that the Club will become operational simultaneously with the completion of the Residential complex. 9.2 Club membership – The membership of the Club shall be in the name of individual unit holder who shall be residents of the Residential Complex only (i.e. no corporate membership). However, if the owner of a Unit is other than an individual, it will be required to nominate the occupier of such Unit, who, for all purposes, will be treated as the member of the Club. The membership of the Club is compulsory for every owner of the Units and each member shall have the right of use the Club and its facilities on payment of deposits and various other charges subject to observance of rules and regulations of the Club. No right any nature whatsoever will be created or deemed to be created in favour of members, in respect of the assets of the Club. The tenants and lessees of any Unit shall also be eligible for temporary membership of the Club subject to authorisation by the Owner of Apartment / Unit. The detailed terms and conditions of membership and rules and regulations governing the use of the Club facilities will be formulated and circulated in due course before the Club is made operational. All Allottees/members will be required to abide by these rules and regulations. 9.3 Running of the Club - The Club will be managed, operated and maintained by the Vendor/Owner/Developer/Promoter and/or Association as shall be decided. The operational costs/charges of the Club will be included in the Maintenance Charges of the Residential Complex and be as determined from time to time by the Owner/Promoter/Developer/Promoter or the Association or Maintenance Agency, as the case may be. 9.4 No delay – It is however made clear and understood by the Purchasers that non operation of the Club or any of the facilities to be provided therein shall not be deemed as delay in handing over the possession of the Unit and the Purchasers shall take possession of the said unit whenever the same is offered for possession by the Promoter in accordance with this Agreement.

THE CLUB. 9.1 The Club- The Owner/Promoter proposes to set up the Club which, together with its assets and facilities, shall form part of the common areas of the Residential Complex. The Owner/Promoter reserves the right to decide the amenities and facilities to be provided in the Club. It is expected that the Club will become operational simultaneously with the completion of the Residential complex. 9.2 Club membership – The membership of the Club shall be in the name of individual unit holder who shall be residents of the Residential Complex only (i.e. no corporate membership). However, if the owner of a Unit is other than an individual, it will be required to nominate the occupier of such Unit, who, for all purposes, will be treated as the member of the Club. The membership of the Club is compulsory for every owner of the Units and each member shall have the right of use the Club and its facilities on payment of deposits and various other charges subject to observance of rules and regulations of the Club. No right any nature whatsoever will be created or deemed to be created in favour of members, in respect of the assets of the Club. The tenants and lessees of any Unit shall also be eligible for temporary membership of the Club subject to authorisation by the Owner of Apartment / Unit. The detailed terms and conditions of membership and rules and regulations governing the use of the Club facilities will be formulated and circulated in due course before the Club is made operational. All Allottees/members will be required to abide by these rules and regulations. 9.3 Running of the Club - The Club will be managed, operated and maintained by the Vendor/Owner/Developer/Promoter and/or Association as shall be decided. The operational costs/charges of the Club will be included in the Maintenance Charges of the Residential Complex and be as determined from time to time by the Owner/Promoter/Developer/Promoter or the Association or Maintenance Agency, as the case may be. 9.4 No delay – It is however made clear and understood by the Purchasers Purchaser that non operation of the Club or any of the facilities to be provided therein shall not be deemed as delay in handing over the possession of the Unit and the Purchasers Purchaser shall take possession of the said unit whenever the same is offered for possession by the Promoter in accordance with this Agreement.

THE CLUB. 9.1 The Club- The Owner/Promoter proposes to “THE RETREAT” a) A Club which shall be set up by the Promoter within the adjoining residential project known as Silveroak Estate and developed by the Promoter shall have the recreational facilities tentatively like Air-conditioned Home Theatre, Community Hall, Children Play area, Kids Corner with, reading room, modern swimming pool and, Changing Room and Shower, well equipped gym, steam and yoga facility, Cafeteria, sporting arrangement comprising indoor game facilities etc. Such facilities may be varied at the sole discretion of Promoter. b) The said Club will be for the use of the Allottees and/or any person occupying the UNIT through the Allottees or Silver Oak Estates Residents or any person other than UNIT owners who is admitted as a member of the club. The user of the club shall be subject to such terms and conditions and rules and regulations to be formulated in that regard by the Promoter or its nominee and also subject to making payment of the admission charges and monthly subscription charges which shall be levied and/or imposed by the Promoter or its nominee from time to time as per the rules of the club that would be framed by Promoter. c) The ownership of the Club which, together shall always remain with its assets and facilities, shall form part of the common areas of the Residential ComplexPromoter. The Owner/Promoter reserves Allottees shall not have any right and title to the right same. The Club will be run professionally or as decided by Promoter. d) All members will be required to decide abide by the amenities rules and facilities regulations to be provided in the Club. framed from time to time. e) It is expected that the Club facilities at the club will become be operational simultaneously together with the completion of the Residential complexproject. 9.2 Club membership – f) The membership of the Club shall be in the name of individual unit holder who shall be residents of the Residential Complex only (i.e. no corporate membership). However, if the owner of would create a Unit is other than an individual, it will be required right to nominate the occupier of such Unit, who, for all purposes, will be treated as the member of the Club. The membership of the Club is compulsory for every owner of the Units and each member shall have the right of use the Club and its club facilities on subject to payment of deposits charges and various other charges subject to observance of rules and regulations of the Clubregulations. No right or lien of any nature whatsoever will be created or deemed to be created in favour of members, in respect of the assets of the Club. The tenants and lessees . g) There will be no restriction upon the Promoter or its nominee in admitting any person/persons who is/are not Allottees as its member or give to anyone the right of any Unit shall also be eligible for temporary membership user of the Club subject to authorisation by and/or its facilities on such terms as the Owner of Apartment / Unit. The detailed terms and conditions of membership and rules and regulations governing the use of the Club facilities will be formulated and circulated in due course before the Club is made operational. All Allottees/members will be required to abide by these rules and regulationsPromoter or its nominee may decide. 9.3 Running of h) Any person residing with the Club - The Club will Allottees may be managed, operated given the facility to become additional member to the extent and maintained by on the Vendor/Owner/Developer/Promoter and/or Association as shall be decided. The operational costs/charges of the Club will be included in the Maintenance Charges of the Residential Complex and be as determined from time to time by the Owner/Promoter/Developer/Promoter or the Association or Maintenance Agency, as the case may be. 9.4 No delay – It is however made clear and understood by the Purchasers that non operation of the Club or any of the facilities to be provided therein shall not be deemed as delay in handing over the possession of the Unit and the Purchasers shall take possession of the said unit whenever the same is offered for possession terms prescribed by the Promoter in accordance with this Agreementor its nominee.

THE CLUB. 9.1 The Club- The Owner/Promoter proposes to set up the Club which, together with its assets and facilities, shall form part of the common areas of the Residential Complex. The Owner/Promoter reserves the right to decide the amenities and facilities to be provided in the Club. It is expected that the Club will become operational simultaneously with the completion of the Residential complex. 9.2 Club membership – The membership of the Club shall be in the name of individual unit holder who shall be residents of the Residential Complex only (i.e. no corporate membership). However, if the owner of a Unit is other than an individual, it will be required to nominate the occupier of such Unit, who, for all purposes, will be treated as the member of the Club. The membership of the Club is compulsory for every owner of the Units and each member shall have the right of use the Club and its facilities on payment of deposits and various other charges subject to observance of rules and regulations of the Club. No right any nature whatsoever will be created or deemed to be created in favour of members, in respect of the assets of the Club. The tenants and lessees of any Unit shall also be eligible for temporary membership of the Club subject to authorisation by the Owner of Apartment / Unit. The detailed terms and conditions of membership and rules and regulations governing the use of the Club facilities will be formulated and circulated in due course before the Club is made operational. All Allottees/members will be required to abide by these rules and regulations. 9.3 Running of the Club - – The Club will be managed, operated and maintained by the Vendor/Owner/Developer/Promoter and/or Association as shall be decided. The operational costs/charges of the Club will be included in the Maintenance Charges of the Residential Complex and be as determined from time to time by the Owner/Promoter/Developer/Promoter or the Association or Maintenance Agency, as the case may be. 9.4 No delay – It is however made clear and understood by the Purchasers Purchaser that non operation of the Club or any of the facilities to be provided therein shall not be deemed as delay in handing over the possession of the Unit and the Purchasers Purchaser shall take possession of the said unit whenever the same is offered for possession by the Promoter in accordance with this Agreement.