Common use of Inactive Status; Extension of Term Clause in Contracts

Inactive Status; Extension of Term. During the period of inactive status payment of the monthly Installment(s) will be suspended and Client shall not be entitled to use any Club Facilities. If inactive status is elected, the Term will be extended for the period of inactive status. Upon reactivation of this Agreement, monthly Installments will be reinstated at the applicable rate set forth on the first page of this Agreement.

Appears in 3 contracts

Sources: Membership Agreement, Membership Agreement, Membership Agreement