Common use of Loss of Rights Clause in Contracts

Loss of Rights. Recognizing the serious nature of permitting minors to have alcoholic beverages or prohibited substances, or the commission of any other violation of Federal, State, or County Law by Resident or his/her guests, whether invited or uninvited, while on Oakleigh property, Resident agrees that if after reasonable investigation by the Oakleigh Board of Directors or its agents, it is determined that violations of Paragraphs 4 and/or 14 occurred during the Event, the Oakleigh Board of Directors hall have the right and power to deny Resident future use of the Clubhouse and all other Oakleigh amenities for a period not to exceed five (5) years. Imposition of the penalty under this Paragraph shall not relieve the Resident of paying his/her Homeowner’s Association dues during the period for which the Resident may not use the Clubhouse and other amenities.

Loss of Rights. Recognizing the serious nature of permitting minors to have alcoholic beverages or prohibited substances, or the commission of any other violation of Federal, State, or County Law by Resident or his/her guests, whether invited or uninvited, while on Oakleigh property, Resident agrees that if after reasonable investigation by the Oakleigh Board of Directors or its agents, it is determined that violations of Paragraphs 4 and/or 14 occurred during the Event, the Oakleigh Board of Directors hall have the right and power to deny Resident future use of the Clubhouse Pool Area and all other Oakleigh amenities for a period not to exceed five (5) years. Imposition of the penalty under this Paragraph shall not relieve the Resident of paying his/her Homeowner’s Association dues during the period for which the Resident may not use the Clubhouse Pool and other amenities.