Facility License definition
Examples of Facility License in a sentence
Purchaser is advised to review the Fitness Facility License Agreement and any limitations and/or restrictions on Purchaser’s rights and the related obligations.
Purchaser as owner of the Unit will enjoy certain access privileges while in residence and be subject to certain obligations pursuant to the terms of that certain Fitness Facility License Agreement to be entered into between the Association and an affiliate of Seller (the “Fitness Facility License Agreement”) in the subject fitness facility located with the One Snowmass condominium project (the “Fitness Facility”) to the extent that the Fitness Facility License Agreement remains in full force and effect.
Terms and Conditions of the Casino Facility License must take precedence.
No interest in or right to use any amenity located at or near the Project (other than pursuant to the Village Pool License Agreement and the Fitness Facility License Agreement), shall be held by any owner within the Project by virtue of ownership of a unit.
No interest in or right to use any amenity located near the Project (other than pursuant to the Fitness Facility License Agreement), shall be held by any Owner by virtue of ownership of a Unit.