CLUB INFINITI CLUB RULES - DVC Cast Member Application

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(c) In the event that any repair or maintenance work is required to Accommodation or its contents whilst it is occupied by a Member, to allow reasonable access on reasonable notice except in the case of emergency, to enable such work to be carried out. (d) Not to make any alterations to any Accommodation or its contents. To pay all other expenses incurred by the Member including all telephone calls made and to pay such reasonable deposit as the Management Company may demand against its charges. (e) To notify the Developer forthwith of any change in his permanent address. (f) At all times to observe these Rules and the Reservation Conditions, both as amended from time to time. (g) Not to do anything which would make void or voidable the Club's or the Resorts’ insurance or which may operate to increase the premium. (h) To pay the Management Charge plus any other sums due, within one month of the same being demanded. (i) To pay all utility charges as detailed in the Disclosure Statement attached hereto and as amended from time to time and to pay such reasonable deposit as the Management Company may demand against such charges and/or breakages. 9.SUSPENSION & TERMINATION OF MEMBERSHIP a) Suspension: A Member may be suspended by the Management Company from participation in the Club and used of his allocated Points if: (j) the Member breaches any provision of the Project Documentation or these Rules (ii) the Member fails to pay any fees due and outstanding to the Club or any Resort, including without limitation Home Resort management charges and/or maintenance fees (iii) the Member fails to remain current in the payment of any purchase money obligations in respect of Ceded Accommodation (iv) the Resort associated with the Member’s Ceded Accommodation is not in good standing with the Club If a Member is suspended, the Member may not avail him or herself of the benefits of the Club, including the following: a) the Member may not obtain Reservations b) the Management Company may cancel confirmed Reservations and remove the Member from any wait lists c) the Member may not be allocated Points for a respective year during suspension Any suspension from the use of Points shall not release a Member or his Accommodation from his obligations under the Purchase Agreement b) Termination: The Management Company may terminate Membership upon the following conditions: (i) following suspension if the Member fails to remedy the reasons for such suspension within a time period determined by the Management Company (ii) in the event the Club terminates in accordance with the provisions of Clause 7 of the Deed of Trust (iii) the Member’s entitlement to Accommodation at his Home Resort is terminated (iv) the Home Resort associated to the Member’s Ceded Accommodation does not remedy the reasons for becoming the subject of suspension within a specified time period 8
Each Member by entry into and completion of a Purchase Agreement or registering the transfer to him of a Points Certificate as contemplated elsewhere herein subscribes to the provisions of these Rules (as from time to time revised). 10. TRANSFER OF MEMBERSHIP RIGHTS (a) i) Subject to the provisions of the above clause including, inter alia the Member being in good standing with the Club with regard to the payment of the Management Charge, a Pure Points Member may apply to dispose of his Points to any person, whether by sale, gift or otherwise, by means of the Form of Transfer appearing on the reverse of the Points Certificate. ii) On the death of a Member, his personal representative may apply to dispose of his Points in a like manner. iii) Upon delivery to the Trustee of the Pure Points Certificate evidencing the Points to be transferred, together with a completed form of transfer signed by the transferor and the transferee, together with such fee as the Trustee shall from time to time determine, the Trustee shall replace the name of the transferor by that of the transferee in the Register and issue a new Pure Points Certificate in the name of the transferee. Pending such replacement and issue no effective disposal as contemplated at sub clauses (a) or (b) above shall be deemed to have taken place. iv) From the date of the entry of the name of the transferee in the Register, all obligations to the Developer or the transferor under these Rules (other than obligations of the transferor accrued at the time of the disposal of the Points Certificate by the transferor to the transferee) shall thereupon cease and the transferee shall be entitled to exercise the rights of the Member. b) A Member may transfer his Points to another Member for use in the transferee Member’s current year of use. The transferee Member may transfer the transferred Points back to the transferor Member, but not to another Member. In order to transfer Points, the Management Company must have received a completed authorisation, in the form established by the Management Company. If a Reservation fulfilled through the use of transferred Points is cancelled, such transferred Points shall be returned to the account of the Member who made the Reservation. The transferring of Points and the use of transferred Points may be suspended or otherwise limited by the Management company from time to time. 11. OBLIGATIONS OF THE DEVELOPER AND TRUSTEE The Developer and Trustee shall observe and perform all their obligations set out herein and in the Deed of Trust from the date hereof and for the duration of the Club including inter alia constitution of a new trust at the end of the Perpetuity Period and control by the Trustee over the Occupancy Rights to be held for the benefit of the Developer and Members. The Developer, Trustee and all other parties with access to the Register shall keep the contents thereof confidential unless obliged to disclose same by law or, in the opinion of the Trustee, duly authorised government body. 12. MEMBERS’ GUESTS (a) A Member may arrange use of Accommodation by a guest. Reservations for guests must be made by the Member. The Management Company reserves the right to make a charge for this service. (b) Notwithstanding any such permission as aforesaid, the holder of the Points Certificate shall remain liable under the provisions of these Rules for Management Charges and in all other respects. 13. LIMITATION ON RIGHTS GRANTED TO MEMBERS No Member shall be considered to be acquiring a property right on entering into a Purchase Agreement. Any clause or sub-clause of these Rules shall be null and void in respect of any 9
Page 1 and 2: CLUB INFINITI CLUB RULES (“Rules
Page 3 and 4: which they have been Saved. Points
Page 5 and 6: Points, by postal, email or telepho
Page 7: (ii) For subsequent years, on the f
Page 11 and 12: "Club" means Club Infiniti Points C
Page 13: “Weekend Break” means a Holiday

CLUB INFINITI CLUB RULES - DVC Cast Member Application

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