Additional Week Period is defined in Section 2.05 (c)(ii); “Agreement” means this Inaski Shores Owners Agreement; “Annual Fee” is defined in Section 6.02(c);
Additional Week Period is defined in Section 2.05 (c)(ii); “Agreement” means this Inaski Shores Owners Agreement; “Assigned Cottage” is defined in Section 2.05; “Assigned Use Period” is defined in Section 2.05; “Association” means the Inaski Shores Resort Owners Association; “Association Expenses” is defined in Section 6.02(a); “Basic Charge” is defined in Section 6.02(c); “Board” means board of directors of the Association; “Budget” is defined in Section 6.03; “By-laws” means the by-laws of the Association; “Calendar” is defined in Section 2.04; "Charges" means all basic, personal and special charges; “Co-Owner” means an ownership interest where an Interval is owned by more than one (1) Owner; “Common Furnishings” means the furniture, appliances, equipment and furnishings in each Cottage owned by the Association; “Complete Taking” is defined in Section 10.01; "Cottage” means one (1) of the Resort Buildings to be built on the Property, there being a maximum of up to 6. “Defaulting Person” is defined in Section 8.01; “Destruction” is defined in Section 10.01; Proposed V2016.0 April 16, 2016 INASKI SHORES OWNERS AGREEMENT THIS AGREEMENT reaffirmed as of April 16, 2016, based upon the last duly approved version as of April 25, 2015, based upon its original AGREEMENT established as of July 27, 2005 with amendments herein contained. A M O N G: The persons who are original signing parties to this Agreement as an Owner and any other person who from time to time becomes bound by this Agreement as an Owner, (hereinafter each individually called the “Buyer” or an “Owner”), - and – INASKI SHORES RESORT OWNERS ASSOCIATION, a not-for-profit corporation incorporated under the laws of the Province of Ontario, (hereinafter called the “Association”), RECITALS: A. The Association is the registered owner of the Property; B. It is the intent that each Owner shall be entitled to reserve on a priority basis and then use a specified Cottage for an agreed Interval and shall not be entitled to possession or use of the Cottage or access to the Property at any other time except as a member of the travelling and vacationing public having first reserved such Cottage; C. To give effect to the foregoing arrangement it is necessary that all Owners be or become parties to this Agreement; WITNESSES that for good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto covenant and agree as follows: ARTICLE I -
Additional Week Period is defined in Section 2.05 (c)(ii); “Agreement” means this Inaski Shores Owners Agreement; “Annual Fee” is defined in Section 6.02(c); “Assigned Cottage” is defined in Section 2.05; “Assigned Use Period” is defined in Section 2.05; “Association” means the Inaski Shores Resort Owners Association; “Association Expenses” is defined in Section 6.02(a); “Association Property” means all real and personal property, fixtures, apparatus, equipment, appliance, furnishings, furniture, supplies and other items owned by the Association for the benefit of the Owners and includes Common Furnishings; “Board” means board of directors of the Association; “Budget” is defined in Section 6.03; “By-laws” means the by-laws of the Association; “Calendar” is defined in Section 2.04; "Charges" means all Annual Fees, personal and special charges; “Co-Owner” means an ownership interest where an Interval is owned by more than one (1) Owner; “Common Furnishings” means the furniture, appliances, equipment and furnishings in each Cottage owned by the Association; “Complete Taking” is defined in Section 10.01; "Cottage” means one (1) of the dwellings to be built on the Property, there being a maximum of up to 6. “Defaulting Person” is defined in Section 8.01;
Examples of Additional Week Period in a sentence
The fifty-two (52) Time Periods are made up of ten (10) Fixed Weeks in the Summer Season, ten (10) Floating Weeks in the Spring Season, ten (10) Floating Weeks in the Fall Season, ten (10) Floating Weeks in the Winter Season, ten (10) Floating Weeks in the Additional Week Period, one (1) Service Week in the spring season and one (1) Service Week in the off-season.