Common use of When an Amendment Becomes Effective Clause in Contracts

When an Amendment Becomes Effective. Unless otherwise provided to the contrary, an amendment that complies with the other parts of Article XI will become effective when: (i) it is signed by at least two (2) officers of the Association; and (ii) these officers sign a sworn statement that the requirements of this Section 11.02 have been met.” By: _ Authorized Signing Officer; having the authority to bind the Corporation. Be It Known that the Authorizing Signing Officers of the Association below hereby swear that the requirements of Section 11.02 of the Association’s Owners’ Agreement have been met whereby an authorized membership vote was duly held and passed accepting this version of these Articles of our Owners’ Agreement in whole. [LIST OF OWNERS] By: Authorized Signing Officer; having the authority to bind the Corporation. By: Authorized Signing Officer; having the authority to bind the Corporation. EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT "B" ASSUMPTION AND CONSENT AGREEMENT To Replace Existing Assumption and Consent Agreement Text as per Xxxxxxx Righton LLP Text THIS AGREEMENT made as of the 1st day of , 20 B E T W E E N: BUYER & BUYER NAME (hereinafter collectively called the "New Owner") - and - INASKI SHORES RESORT OWNERS ASSOCIATION a corporation incorporated under the laws of the Province of Ontario, (hereinafter called the "Association")

When an Amendment Becomes Effective. Unless otherwise provided to the contrary, an amendment that complies with the other parts of Article XI will become effective when: (i) it is signed by at least two (2) officers of the Association; and (ii) these officers sign a sworn statement that the requirements of this Section 11.02 have been met.” By: _ Authorized Signing Officer; having the authority to bind the Corporation. Be It Known that the Authorizing Signing Officers of the Association below hereby swear that the requirements of Section 11.02 of the Association’s Owners’ Agreement have been met whereby an authorized membership vote was duly held and passed accepting this version of these Articles of our Owners’ Agreement in whole. [LIST OF OWNERS] By: _ Authorized Signing Officer; having the authority to bind the Corporation. By: _ Authorized Signing Officer; having the authority to bind the Corporation. EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT "B" ASSUMPTION AND CONSENT AGREEMENT To Replace Existing Assumption and Consent Agreement Text as per Xxxxxxx Righton LLP Text THIS AGREEMENT made as of the 1st day of December, 20 2010 B E T W E E N: BUYER & BUYER NAME (hereinafter collectively called the "New Owner") - and - INASKI SHORES RESORT OWNERS ASSOCIATION a corporation incorporated under the laws of the Province of Ontario, (hereinafter called the "Association"):

When an Amendment Becomes Effective. Unless otherwise provided to the contrary, an amendment that complies with the other parts of Article XI will become effective when: (i) it is signed by at least two (2) officers of the Association; and (ii) these officers sign a sworn statement that the requirements of this Section 11.02 have been met.” By: _ Authorized Signing Officer; having the authority to bind the Corporation. Be It Known that the Authorizing Signing Officers of the Association below hereby swear that the requirements of Section 11.02 of the Association’s Owners’ Agreement have been met whereby an authorized membership vote was duly held and passed accepting this version of these Articles of our Owners’ Agreement in whole. [LIST OF OWNERS] By: _ Authorized Signing Officer; having the authority to bind the Corporation. By: _ Authorized Signing Officer; having the authority to bind the Corporation. EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT "B" ASSUMPTION AND CONSENT AGREEMENT To Replace Existing Assumption and Consent Agreement Text as per Xxxxxxx Righton LLP Text THIS AGREEMENT made as of the 1st day of December, 20 2010 B E T W E E N: BUYER & BUYER NAME (hereinafter collectively called the "New Owner") - and - INASKI SHORES RESORT OWNERS ASSOCIATION a corporation incorporated under the laws of the Province of Ontario, (hereinafter called the "Association")

When an Amendment Becomes Effective. Unless otherwise provided to the contrary, an amendment that complies with the other parts of Article XI will become effective when: (i) it is signed by at least two (2) officers of the Association; and (ii) these officers sign a sworn statement that the requirements of this Section 11.02 have been met.” By: _ Authorized Signing Officer; having the authority to bind the Corporation. Be It Known that the Authorizing Signing Officers of the Association below hereby swear that the requirements of Section 11.02 of the Association’s Owners’ Agreement have been met whereby an authorized membership vote was duly held and passed accepting this version of these Articles of our Owners’ Agreement in whole. [LIST OF OWNERS] By: Authorized Signing Officer; having the authority to bind the Corporation. By: Authorized Signing Officer; having the authority to bind the Corporation. EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT “A” LEGAL DESCRIPTION OF LANDS Firstly: Part of the north half of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, designated as Parts 1, 3 & 4, Plan 57R-520; Secondly: Part of the original shore allowance along Shadow Lake in front of Lot 2, Concession 11, Geographic Township of Laxton, City of Kawartha Lakes, now designated as Part 1 on Reference Plan 57R-9087 AS CLOSED by By-law 2005-58 of The Corporation of the City of Kawartha Lakes, registered as Instrument Number 0432684; Subject to: Right of Way over, along, and upon Part 1 on Plan 57R-520; Subject to: Easement in favour of Hydro Electric Power Commission in Instrument No. 1948 registered at the Land Registry Office for the Registry Division of Victoria (57) Xxxxxxx. Buyer's Initials Seller's Initials EXHIBIT "B" ASSUMPTION AND CONSENT AGREEMENT To Replace Existing Assumption and Consent Agreement Text as per Xxxxxxx Righton LLP Text THIS AGREEMENT made as of the 1st day of December, 20 2010 B E T W E E N: BUYER & BUYER NAME (hereinafter collectively called the "New Owner") - and - INASKI SHORES RESORT OWNERS ASSOCIATION a corporation incorporated under the laws of the Province of Ontario, (hereinafter called the "Association")