Golf Membership definition
Examples of Golf Membership in a sentence
In the event Executive opts to terminate his Golf Membership, the refundable Membership Deposit shall be apportioned between the Bank and Executive with Executive’s share calculated at $3,100 per year for each year that has elapsed since 2002.
In the event of termination of Executive by the Bank prior to the end of 2009, Executive shall have the option of terminating his Golf Membership or continuing this Golf Membership.
Member expressly acknowledges that he/she is not relying on any oral representations or marketing materials (including any website) of The Club, KDCH or their respective agents or employees or those of any third parties that may vary from the terms of this Agreement in acquiring Member’s Unit and, if elected, a Golf Membership.
Neither the Membership nor a Golf Membership in The Club is an investment in The Club Amenities and neither provides Member with an equity, ownership, or property interest, or any other interest, in The Club Amenities.
In the event Executive opts to continue his Golf Membership, Executive shall be entitled to the entire Membership Deposit.
Member acknowledges that, prior to acquiring Member’s Unit, he or she has had the opportunity to review The Club Governing Documents and to seek professional advice to assist in evaluating the merits and risks of acquiring Member’s Unit (which includes a mandatory Plantation Membership) and, if elected, the Golf Membership.
In addition to any other remedies available to The Club, nonpayment may result in the Licensee’s expulsion from The Club’s Golf Membership.
Purchaser acknowledges that Sellers are not holding any Customer Deposits in connection with any of the Lifetime Golf Membership Contracts.
This Guaranty and the obligations hereunder are secured by the Membership Interest Security Agreement made and entered into as of June 13, 1997 by Guarantor and Callaway Golf ("Membership Interest Security Agreement") and the property described therein.
The Individual Golf Membership permits only the undersigned individual applicant to use the golf facilities at the Golf Club.