NPC. By virtue of the purchase of the Property, the Purchaser shall be obliged to become, and remain for the duration of his ownership of the Property, a member of the Association within the meaning of and subject to the conditions set out in the Association's Memorandum and undertakes that he and all persons deriving use of the Estate or any part thereof through him shall, from the Date of Occupation, duly comply with all the obligations imposed upon members under the Association's Memorandum including the obligation to pay a monthly levy to the Association, the amount of which is to be determined, from time to time, by the directors of the Association as contemplated in the Memorandum. In no way detracting from the generality of the aforesaid, the Purchaser undertakes to sign the Association's Application and do whatever else may be required in order for the Purchaser to become a member of the Association. If there is any conflict between what is set out above and the final provisions of the Association’s Memorandum, the latter shall prevail and the Seller shall not incur any liability, of any nature whatsoever, in this regard.
Appears in 2 contracts
Sources: Contract of Sale, Contract of Sale