Examples of Club Property in a sentence
On the death of a Custodian, any Club Property vested in them shall vest automatically in the surviving Custodians.
The distribution of profits or proceeds arising from the sale of Club Property to members is prohibited.
The distribution of profits or proceedings arising from the sale of Club Property to members is prohibited.
Club Property shall include any real property designated by Club Owner as part of the Club Property by amendment to the Club Membership Plan, which amendment shall not require the approval or consent of the Members.
Purchaser agrees that after the Closing, Seller may use units owned by it or other persons as models, continue its sales program in the Condominium (including Seller’s employees present on the premises to show units, use Condominium facilities and/or property), and make use of such of the Common Elements of the Condominium, the Community Property and/or the Club Property as may be necessary or convenient for Seller to complete its sales program, all without contribution.