Laws - Tropicana Golf

Monthly Subscription, payable to the Company during the period of suchsuspension. The Company may, at its sole and absolute discretion, uplift thesuspension of the Privilege under this Rule 16.4 upon payment of all arrearsof subscriptions and other payments including but not limited to any upliftingfees as may be determined and required by the Company in its absolutediscretion.16.5 Any Licensee or Nominee who are in arrears with his Monthly Subscription orany other sum due to the Company for more than thirty (30) days after thedue date (whether formally demanded or not) may be listed, at the sole andabsolute discretion of the Company, as a defaulter under the list of defaulterto be posted at a conspicuous part of the Club.16.6 Any Licensee or Nominee who continues to fail to pay his MonthlySubscription or any other sum due to the Company for more than ninety (90)days after the due date (whether formally demanded or not) shall bedebarred, at the sole and absolute discretion of the Company, from enteringthe Club’s premises or participating in or using any of the Privilege, amenitiesand facilities of the Club.16.7 The Company may terminate the License of any Member: -(a)(b)(c)(d)who continuously fails to pay his Monthly Subscription or any othersum due to the Company for more than six (6) months after the duedate (whether formally demanded or not); orwhose Nominee continuously fails to pay his Monthly Subscription orany other sum due to the Company for more than six (6) months afterthe due date (whether formally demanded or not); orwho has been adjudicated bankrupt or enters into a composition orarrangement under any provisions of the law with any of his creditors;orwho or whose Nominee is suspended for more than six (6) months inaccordance with Rule 16.4,by giving notice in writing to such Memberand upon such termination, the License Agreement shall be terminatedand whereupon Rule 16.8 shall apply.16.8 Unless otherwise decided by the Company, upon the occurrence of any of theevents set out below, without prejudice to the Company’s right to claim for anymonies owing by the Licensee or his Nominee to the Company, the Companyshall be entitled to forfeit absolutely the Security Retainer and the AdvanceLicense Fee paid by the Licensee for the unexpired term of the License andthe Licensee shall have no claims whatsoever and howsoever against theCompany or the Club in respect of such forfeiture: -(a)if the License of the Licensee is terminated by the Company inaccordance with Rule 16.7; or13