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What happens if I do not acquire a Founder membership before the expiration of the Offering Period?

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What happens if I do not acquire a Founder membership before the expiration of the Offering Period?

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If you decide not to purchase a Founder membership before the expiration of the Offering Period, you or a subsequent purchaser of your property in the Running Horse residential community may acquire a membership at a later date only if one is available and not reserved by the Club, and only upon payment of the membership joining fee, which is then in effect at the time the membership is acquired.

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