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  • MEMBERSHIP RATES - manilaboatclub.com · MEMBERSHIP RATES CLUB MEMBERSHIP RATES (AS OF JANUARY 2016) Full Membership (1 Vote for Named Member) (Incl. spouse/Partner and children up
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MEMBERSHIP RATES CLUB MEMBERSHIP RATES (AS OF JANUARY 2016) Full Membership (1 Vote for Named Member) (Incl. spouse/Partner and children up to 21, or leaving education) Entrance Fee Pesos 5,000.00 Annual Dues Pesos 10,000.00 (paid in advance) Dues by Installment Pesos 1,000.00 per month in advance ________________________________________________________________________ Overseas Membership (No Voting rights) Entrance Fee Pesos 2,000.00 Three (3) Months Deposit Pesos 3,000.00 Conversion Fee Pesos 3,000.00 Entrance Fee and Deposit are payable at the time when the completed application is submitted. The Overseas membership is valid only if the member is resident out of country for a minimum of 9 months per calendar year. The Overseas member must retain a minimum 3 months credit on their account at all times. The Overseas Member will be chargedP1,000 each month they attend the Club but not if they do not attend the Club in any calendar month. The Overseas member must inform the club, within one month, of any change in their residency status. ________________________________________________________________________

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Page 1: MEMBERSHIP RATES - manilaboatclub.com · MEMBERSHIP RATES CLUB MEMBERSHIP RATES (AS OF JANUARY 2016) Full Membership (1 Vote for Named Member) (Incl. spouse/Partner and children up

MEMBERSHIPRATESCLUBMEMBERSHIPRATES(ASOFJANUARY2016)FullMembership(1VoteforNamedMember)(Incl.spouse/Partnerandchildrenupto21,orleavingeducation)EntranceFee Pesos5,000.00AnnualDues Pesos10,000.00(paidinadvance)DuesbyInstallment Pesos1,000.00permonthin advance________________________________________________________________________OverseasMembership(NoVotingrights)EntranceFee Pesos2,000.00Three(3)MonthsDeposit Pesos3,000.00ConversionFee Pesos3,000.00EntranceFeeandDepositarepayableatthetimewhenthecompletedapplicationissubmitted.TheOverseasmembershipisvalidonlyifthememberisresidentoutofcountryforaminimumof9monthspercalendaryear.TheOverseasmembermustretainaminimum3monthscreditontheiraccountatalltimes.TheOverseasMemberwillbechargedP1,000eachmonththeyattendtheClubbutnotiftheydonotattendtheClubinanycalendarmonth.TheOverseasmembermustinformtheclub,withinonemonth,ofanychangeintheirresidencystatus.________________________________________________________________________

Page 2: MEMBERSHIP RATES - manilaboatclub.com · MEMBERSHIP RATES CLUB MEMBERSHIP RATES (AS OF JANUARY 2016) Full Membership (1 Vote for Named Member) (Incl. spouse/Partner and children up

RestrictedMembership–Temporary(NoVotingRight)EntranceFee Pesos2,000.00Six(6)MonthsDues Pesos5,000.00Min.deposit Pesos1,000.00ConversionFee Pesos3,000.00EntrancefeeandsixmonthsduestogetherwithDepositarepayableatthetimewhenthecompletedapplicationissubmitted.TheTemporarymembershipisvalidforsixmonthsonly.TheTemporarymembermustinformtheclub,onemonthadvancepriortotheexpirydate,ifthememberintendstoconverttheirtemporarymembershipstatustoaregular/associatemembership,orifthememberwishestoresign.IftheTemporarymemberfailstoinformtheCluboftheirintentionsbytheexpirydateoftheirtemporarymembership,theMembershipwillautomaticallycease,anydepositforfeitedandconversionwillnolongerbepermitted.________________________________________________________________________CorporateMembership(1VoteinnameofCorporateMember)(SubjecttoBoardApproval)EntranceFee Pesos10,000AnnualFee Pesos30,000Maximumnumberofmemberswithintheumbrellais20.AllSquash,CoxandOutingfeesapplywhereapplicable.TheremustbeoneelectedFullMemberofMBCfromtheorganizationwhoisresponsiblefordamagesandbehaviorofalltheothermembers.Thisalsogivestheorganization1vote.NamesofallmembersoftheCorporationparticipatingmustbelodgedwiththeMembershipDept.andkeptupdated.Anypersonnotonthelistmayberefuseduseofthefacilities.TheCorporatemembermustprovideawaiverthatcoversALLitsmembersandexemptsMBCfromanyclaimfordamageorinjurytoall/anypropertyorpersonsundertheumbrella.________________________________________________________________________AcademicMembership(1VoteinnameofAcademicMember)(SubjecttoBoardApproval)EntranceFee Pesos10,000AnnualFee Pesos20,000Maximumnumberofmemberswithintheumbrellais20.AllSquash,CoxandOutingfeesapplywhereapplicable.TheremustbeoneelectedFullMemberofMBCfromtheorganizationwhoisresponsiblefordamagesandbehaviorofalltheothermembers.Thisalsogivestheorganization1vote.NamesofallstudentsandschoolofficialsmustbelodgedwiththeMembershipDept.andkeptupdated.Anypersonnotonthelistmayberefuseduseofthefacilities.TheAcademicmembermustprovideawaiverthatcoversALLitsstudentsandstaffandexemptsMBCfromanyclaimfordamageorinjurytoall/anypropertyorpersonsundertheumbrella.

Page 3: MEMBERSHIP RATES - manilaboatclub.com · MEMBERSHIP RATES CLUB MEMBERSHIP RATES (AS OF JANUARY 2016) Full Membership (1 Vote for Named Member) (Incl. spouse/Partner and children up

________________________________________________________________________ResignationfromtheClub.PleasenotethatasperthetermsoftheMembershipApplicationform,monthlyduesremainpayableuntilsuchtimeastheBoardacceptstheresignationofamember.ResignationswillnotbeconsideredunlesstheMember'saccountisclearofALLout-standingsandconfirmedassobythebookkeeper.ResignationsshouldbeaddressedtotheBoardinwriting,orbyemail.Verbalresignationsarenotacceptable,norarethosemadetoanymemberofstaff.________________________________________________________________________Billing&DisciplinaryProceduresMembershipduesarepayablemonthlyinadvance.Billingsaresenttomembersatthebeginningofeachmonth.Paymentsarerequiredtobereceivedbythebookkeeperwithin21daysafterreceiptoftheinvoiceormaybesubjecttointerestandpenalties.Membersareobligedtosubmitbillingaddressoremail/phonechangestotheattentionofthebookkeeperandMembershipSecretaryoftheClubwithin7daysofsuchchangesoccurring.AlldepositstotheclubBankAccountmusthaveacopyoftheDepositslipscannedandsenttothebookkeeperinordertobevalidated.IfaMember'saccountbecomesPhp3,000ormoreoverdue,theywillautomaticallyberecommendedforsuspensionofmembershipandallprivilegesandmayhavetheirnamespostedontheClubnoticeboardasnolongerbeingingoodstanding.FailuretocleartheaccountwithinonemonthofnotificationbytheMembershipDept.ortheTreasurermayresultinexpulsionoftheoffendingmemberandinstigationoflegalactiontorecoverthedebt.TheseMembershipRatesaresubjecttochangewithoutnotice.PublicationoftheseMembershipRatesisnotaguaranteethattheyarethecorrectratesatthetimeofthelodgmentofaMembershipApplicationform.TheMembershipDept.willinformapplicants(ifrequired)ofthecorrectratesofMembershipinoperationuponreceiptofacorrectlycompletedandcountersignedapplicationform.


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