Common use of MEMBERSHIP DURATION Clause in Contracts

MEMBERSHIP DURATION. The term of Membership is one (1) year from the date of Agreement (“Anniversary Date”). Membership is non-transferrable, including by cause of death, although a pro rata portion of prepaid annual fees may be refunded to a deceased Member’s estate. So long as a Member pays annual fees and all charges incurred at the Lounge. The Membership will be automatically renewed on the anniversary date. If a Member elects to not renew, Member shall give a 30-day written notice prior to the anniversary date. All written correspondence should be addressed to ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. If a Member wishes to withdraw from the Lounge for any reason before the anniversary date, the Member shall pay all outstanding charges incurred at the Lounge, a $50 processing fee and shall be entitled to a pro rata refund of prepaid annual fees by number of days remaining in the term. A Member may be removed for violating a provision of this Agreement, engaging in any illegal conduct at the Premises, committing vandalism at the Premises, engaging in altercations, or unreasonably disturbing other Members or Guests. Member will be notified within 7 days of termination or suspension in writing via first class mail to the last address listed with The Pocket. A Member who is removed shall not be entitled to any refund of prepaid annual fees. The Pocket reserves the right to terminate or suspend a Membership and this Agreement at any time for any reason.

Appears in 2 contracts

Sources: Membership Agreement, Membership Agreement