A Restricted Member is a person whose name has been duly posted in the Clubhouse with a view to the election of such person as a member and such person shall remain a restricted Member from the time of the posting of his/her name until

1. The election of such person as a member and payment of his/her entrance fee.
2. Such a person fails to be elected a Member.

A restricted Member shall not be entitled to the rights of Full Membership until elected as such.