Assigned Cottage definition

Assigned Cottage is defined in Section 2.05; “Assigned Use Period” is defined in Section 2.05;

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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;

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 -

Examples of Assigned Cottage in a sentence

• Subject always to Section 1, you (the Owner) may rent or give use of your Assigned Use Period to others or invite guests to share occupancy of your Assigned Cottage during your Assigned Use Period, but you are responsible for them.

• If that happens, the Property Manager will tell you, as soon as reasonably possible, why he entered your Assigned Cottage.

• In case of any emergency, the Property Manager or its employees may enter your Assigned Cottage.

• During your Assigned Use Period, you must keep your Assigned Cottage in good order and condition and, if you do not do so, you will be charged for any extra cleaning services required.

• Whether an Owner’s Assigned Cottage is designated “Pet Friendly” or “No Pets” is stipulated in his/her Owner’s Purchase Contract.

• The Owner must stay out of all Cottages and off the Property except that during his/her Confirmed Use Period (or during any Use Period he may get the use of through an Internal or External Exchange) he may use his/her Assigned Cottage.

• You may not make any change, including reorganization or removal of any of the Common Furnishings including, furniture, wall hangings or floor coverings, or redecorating of any type, within your Assigned Cottage or other area of the property.

• The Occupant who commits an Act of Trespass or Vandalism must also pay Liquidated Damages to each Injured Person to compensate the Injured Person for the added damages of losing the use and enjoyment of his/her Assigned Cottage.

• Subject always to Section 1, you may rent or give use of your Assigned Use Period to others or invite guests to share occupancy of your Assigned Cottage during your Assigned Use Period, but you are responsible for them.

• During his/her Assigned Use Period, each Owner will have: (a) the exclusive right to occupy and use his/her Assigned Cottage and its Common Furnishings; and (b) the non-exclusive right to use and enjoy the common lands, facilities amenities and services.

More Definitions of Assigned Cottage

Assigned Cottage is defined in Section 2.05;