Use of the Camp Sample Clauses

Use of the Camp. Each year two Schedulers, one elected by each of the Xxxxxxx and MBK family lines by a majority of the beneficial interests in the Camp owned in each such family line, shall present to the owners a schedule for use of the Camp during the period from July 1st through Labor Day (the “Summer Season”), which will allow all of the owners of beneficial interests the opportunity, proportionate to their ownership, for the exclusive use of the Camp at various times during the Summer Season. The schedule will be based upon requests of owners to the greatest extent possible. If there are competing requests for a particular period of time, the owners will rotate use of the Camp during that period annually. For any period other than the Summer Season the Camp will be available on a first come, first served basis, subject to prior notice to the owner scheduled to occupy it or if none, to the Schedulers. If the Camp is not going to be fully occupied on the weekends of July 4th or Labor Day, the unused capacity will be available on a first come, first served basis, subject to prior notice to the Scheduler. With the agreement of the owners of a majority of the beneficial interests in the Camp owned in each of the Xxxxxxx and MBK family lines, the schedule may provide for the rental of the Camp to persons who are not owners to this Amended and Restated Agreement for part or all of a Summer Season. Any disagreements about the schedule shall be resolved by a vote of the majority of the beneficial interests in the Camp owned in each of the Xxxxxxx and MBK family lines, or in the event of serious disagreement by a majority of the beneficial interests owned in the Camp. If an owner is more than one year in arrears in the payment of his or her allocable share of General Expenses, Capital Expenditures or Personal Expenses, that owner shall be prohibited from using the Camp until full payment is made.
Sample 1
AutoNDA by SimpleDocs

Related to Use of the Camp

  • General The Trustee shall keep proper books of record and account of all the transactions of each Trust under this Indenture at its corporate trust office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be open to inspection by any Unit holder of such Trust at all reasonable times during the usual business hours. The Trustee shall make such annual or other reports as may from time to time be required under any applicable state or federal statute or rule or regulations thereunder.

  • Limitation of Liability No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • General Provisions In connection with any Registration Statement and any Prospectus required by this Agreement to permit the sale or resale of Transfer Restricted Securities (including, without limitation, any Registration Statement and the related Prospectus required to permit resales of Initial Securities by Broker-Dealers), each of the Company and the Guarantors shall:

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Force Majeure If by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Agreement then such party shall give notice and full particulars of Force Majeure in writing to the other party within a reasonable time after occurrence of the event or cause relied upon, and the obligation of the party giving such notice, so far as it is affected by such Force Majeure, shall be suspended during the continuance of the inability then claimed, except as hereinafter provided, but for no longer period, and such party shall endeavor to remove or overcome such inability with all reasonable dispatch. Choice of Law The Agreement between the Vendor and TIPS/ESC Region 8 and any addenda or other additions resulting from this procurement process, however described, shall be governed by, construed and enforced in accordance with the laws of the State of Texas, regardless of any conflict of laws principles. Venue, Jurisdiction and Service of Process Any Proceeding arising out of or relating to this procurement process or any contract issued by TIPS resulting from or any contemplated transaction shall be brought in a court of competent jurisdiction in Camp County, Texas and each of the parties irrevocably submits to the exclusive jurisdiction of said court in any such proceeding, waives any objection it may now or hereafter have to venue or to convenience of forum, agrees that all claims in respect of the Proceeding shall be heard and determined only in any such court, and agrees not to bring any proceeding arising out of or relating to this procurement process or any contract resulting from or any contemplated transaction in any other court. The parties agree that either or both of them may file a copy of this paragraph with any court as written evidence of the knowing, voluntary and freely bargained for agreement between the parties irrevocably to waive any objections to venue or to convenience of forum. Process in any Proceeding referred to in the first sentence of this Section may be served on any party anywhere in the world. Venue for any dispute resolution process, other than litigation, between TIPS and the Vendor shall be located in Camp or Xxxxx County, Texas.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Representations and Warranties Borrower represents and warrants as follows:

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

Time is Money Join Law Insider Premium to draft better contracts faster.