Applicable Declaration definition

Applicable Declaration means, with respect to a Resort, the declaration of condominium, declaration of covenants, conditions, and restrictions, master deed, or similar document, together with any amendments or restatements thereof, that establishes the underlying form of ownership of such Resort and, if required by applicable law, that is recorded in the appropriate public records of the Applicable Jurisdiction.
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Applicable Declaration means, with respect to a Development, the declaration of condominium, declaration of covenants, conditions, and restrictions, master deed, or similar document, together with any amendments or restatements thereof, that establishes the underlying form of ownership of such Development and, if required by Applicable Law, is recorded in the appropriate public records of the Applicable Jurisdiction.
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Examples of Applicable Declaration in a sentence

  • The common areas and facilities as shown on the Plans for each Applicable Resort, as defined or provided for in the Applicable Declaration or other Applicable Timeshare Documents, including, without limitation, the Land and all improvements thereto except for the Units that have been dedicated to the condominium or comparable form of ownership, as well as any limited common elements, as those terms are defined and used in the Applicable Declaration.

  • If any Applicable Declaration or a timeshare regime created thereby at an Applicable Resort is amended, restated, or terminated (other than amendments which add a phase or are non-material) without Lender's prior written consent.

  • The right to use and occupy a Unit within an Applicable Resort and the Common Elements and Common Furnishings appurtenant to such Unit and/or the Applicable Resort during a reserved or assigned use period, all as more specifically described in the Applicable Declaration and/or other Applicable Timeshare Documents.

  • If any Applicable Declaration or a timeshare regime created thereby at an Applicable Resort is amended, restated, or terminated without Lender's prior written consent.

  • The common areas and facilities, as defined or provided for in the Applicable Declaration and/or other Applicable Timeshare Documents, including, without limitation, the Land and all improvements thereto except for the Units that have been dedicated to the condominium or comparable form of ownership, as well as any limited common elements, as those terms are defined and used in the Applicable Declaration.

  • Borrower shall amend the applicable Public Report and the Applicable Declaration to add the Units which make up the Applicable Phase or Applicable Resort upon their completion or promptly after the closing under the Acquisition Documents.

  • Obligors will not amend the Applicable Declaration in any way which would materially alter the Applicable Resort, the rights of Purchasers, the rights of lenders foreclosing on a Timeshare Interest or any priority of past due assessment claims over the lien of any mortgage encumbering a Timeshare Interest without the prior written consent of Lender.

  • Borrower shall not assign any of its rights under the Applicable Declaration to any Person other than Lender.

  • The common areas and facilities as shown on the Plans for each Applicable Resort, as defined or provided for in the Applicable Declaration and/or other Applicable Timeshare Documents, including, without limitation, the Land and all improvements thereto except for the Units that have been dedicated to the condominium or comparable form of ownership, as well as any limited common elements, as those terms are defined and used in the Applicable Declaration.

  • Performance liquidated damages shall be established for Guaranteed Net Power Output and Guaranteed Net Heat Rate only and shall not exceed ***, respectively.

Related to Applicable Declaration

  • Master Declaration means a written instrument, however named, (i) recorded on or after June 1, 1994, and (ii) complying with section 515B.2-121, subsection (e).

  • Condominium Declaration means the Declaration of Condominium for NetApp RTP Phase I Condominium recorded in Book 012647, Page 01310, Wake County, North Carolina Registry.

  • Supplemental Declaration means any Declaration amending or supplementing this Declaration, which is adopted in accordance with Section 8.

  • statutory declaration means a declaration made in writing according to the requirements of the Oaths Act 2001 (Tas). It is an offence under section 113 of the Criminal Code, as contained in Schedule 1 of the Criminal Code Act 1924 (Tas), to make a false statement in a Statutory Declaration.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • SPE Component Entity shall have the meaning set forth in Section 5.1 hereof.

  • Conservation easement means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.2140.

  • Commercial Shared-Loss Agreement means the Commercial Shared-Loss Agreement attached to the Purchase and Assumption Agreement as Exhibit 4.15B.

  • Condominium Documents means the master deed, recorded pursuant to this act, and any other instrument referred to in the master deed or bylaws which affects the rights and obligations of a co-owner in the condominium.

  • Delaware Divided LLC means any Delaware LLC which has been formed upon the consummation of a Delaware LLC Division.

  • REA means any construction, operation and reciprocal easement agreement or similar agreement (including any separate agreement or other agreement between Borrower and one or more other parties to an REA with respect to such REA) affecting the Property or portion thereof.

  • Golf Course means the 18 hole golf course constructed on the Pearl Valley Estate;