Common use of Master Association Clause in Contracts

Master Association. Purchaser acknowledges that the Master Association is responsible for the management, maintenance and operation of significant areas within Snowmass Base Village, including generally, without limitation, walkways and driveways within Snowmass Base Village, the Base Village plaza areas and ice rink, snowmelt systems serving any of its areas of responsibility, exterior landscaped areas within Snowmass Base Village, the Base Village Central Plant and the residential portions of the Base Village Parking Garage, among other areas of responsibility. Purchaser acknowledges that the Master Association is not charged with any specific responsibility within the Project, including, without limitation, the responsibility for any maintenance of Common Elements or of the Wood Road ROW Improvements (as defined in the Declaration), which shall be the responsibility of the Association in the manner described in the Declaration unless and until the Association and Master Association enter into a future agreement governing same.

Master Association. Purchaser acknowledges that the Master Association is responsible for the management, maintenance and operation of significant areas within Snowmass Base Village, including generally, without limitation, walkways and driveways within Snowmass Base Village, the Base Village plaza areas and ice rink, snowmelt systems serving any of its areas of responsibility, exterior landscaped areas within Snowmass Base Village, the Base Village Central Plant and the residential portions of the Base Village Parking Garage, among other areas of responsibility. Purchaser acknowledges that the Master Association is not charged with any specific responsibility within the Condominium Project, including, without limitation, the responsibility for any maintenance of Common Elements or of the Wood Road ROW Improvements (as defined in the Declaration), which shall be the responsibility of the Association in the manner described in the Declaration unless and until the Association and Master Association enter into a future agreement governing same.