Establishment of Association Clause Samples
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Establishment of Association. During the term of this Agreement, ---------------------------- Franchisor may, but is not obligated to, establish, or authorize the establishment of, an association ("Association") sanctioned by Franchisor to serve as an advisory council to Franchisor with respect to advertising, marketing, reservations and other matters relating to Wyndham Hotels. If an Association is established, then all franchisees of the System, including Franchisee, and Franchisor shall be members of the Association.
Establishment of Association. By the time set forth in the Schedule of Performance, Developer shall establish a homeowners association for the purpose of maintaining the Association Area of the Project (“Association”). The Association shall be incorporated as a nonprofit mutual benefit corporation. Developer shall, at its sole cost and expense, prepare and obtain approval of the Condominium Plan, obtain a public report and all other approvals required from the Bureau of Real Estate, and shall comply with all Bureau of Real Estate requirements and the Subdivided Lands Act (Business & Professions Code §§ 11000, et seq.). In the event Developer is unable to establish the Association or obtain the required approvals therefor, Developer shall be responsible for maintaining the Association Area.
Establishment of Association. The Association will be formed to serve as the owners’ association for the Subdivision. The Developer is presently the sole member of the Association.