RULES & REGULATIONS - ONE°15 Marina Club

discretion decide subject to these Rules and Regulations and the Bye-laws.The Club shall commence operations on a date to be notified by the Club tothe Member [the 'Commencement Date"] which is expected to be by the end ofthe first quarter of 2007 provided that the temporary occupation permit hasbeen issued by the relevant authorities in respect of the Premises. Membersshall be entitled to continue to use the Facilities so long as they remainMembers of the Club from the later of the Commencement Date and the dateof the Acceptance Date until 25 June 2034 (the "Termination Date"). Prior tothe Commencement Date, the Club may from time to time notify Members thatpart of the Facilities may be utilised, and Members may utilise such Facilitieson the terms and conditions of these Rules and Regulations, the Bye-laws andsuch other terms and conditions imposed by the Club.CLUB PROPERTY4. All property in the Assets of the Club or Assets situated or located on thePremises shall at all times be and remain the property of the Club and noMember shall take away or permit to be taken away from the Premises or shallinjure, damage, misuse or destroy any property of the Club or any of theAssets situated on the Premises.LIABILITIES OF MEMBERS5.1 CLUB'S DISCRETION: Every Member of the Club shall, subject to these Rules& Regulations and the Bye-laws and such restrictions or conditions as theClub may from time to time in its absolute discretion impose, be entitled to useand enjoy in common with the other Members of the Club the Facilitiesprovided by the Club for the use of the Members, subject to the payment of allfees, subscriptions, and any other monies due to the Club. The Club may in itsabsolute discretion also impose charges for any services, food, drinks or theuse of any of the Facilities and the Club shall have the right at any time andfrom time to time to vary any such charges.5.2 GUESTS: The Club may in its absolute discretion prescribe such rules relatingto the conduct and/ or admission of Members and Nominees, their guests,spouse or children, the use of the Facilities and the conduct of games as itshall from time to time decide.5.3 WITHDRAWAL AND CLOSURE: Without prejudice to the generality of theforegoing, if at any time it appears to the Club that any of the Facilities iscongested, in need of any repair, renovation, inspection, expansion ormaintenance or required for the use of the Club for any purpose as the Clubmay decide, the Club may in its absolute discretion impose conditions on,restrict, suspend or otherwise limit the rights and privileges of any Member inrespect of any one or more of such Facilities and the Club shall not in any waybe liable for any inconvenience or loss that may be suffered or sustained byPage | 2