The Management Committee shall have the power to admit corporations into the club  as Corporate members and  limit the number of Corporate members in the club. Corporate members shall be entitled to nominate one or more persons from the corporation who shall be entitled to enjoy the facilities of the club. Corporate members shall not be eligible to participate in the management of the Club and shall not be entitled to attend and vote at the Club’s general meetings, hold office in the Club and to claim a share of the property of the Club upon its dissolution. The Management Committee shall have the right to exercise absolute discretion to accept or reject nominees from the Corporate members without assigning reasons for its decision.  Any corporate member liquidated, wound up, reconstructed bankrupt or cease to function or exist shall cease to be a member of the club.