INTEREST IN REAL PROPERTY. It is the intention of the parties that the rights granted to the lessee by this lease constitute an interest in real property in the leased area.
INTEREST IN REAL PROPERTY. The VOI or Lot underlying such ---------------------------- Contract is an interest in real property consisting of either (a) a fixed week or undivided interest in fee simple in a lodging unit or group of lodging units at a Development, (b) an undivided leasehold interest in any lodging unit located at the Harbortown Marina Resort Hotel in Ventura County, California or the Pagosa Mountain Xxxxxxx VOI Regime at the Pagosa Development in Xxxxxxxxx County, Colorado or (c) if a lot, a fee simple interest in real property; and in each case such VOI or Lot has been deeded to the Nominee pursuant to the terms of one of the Title Clearing Agreements, or has been deeded to the relevant Obligor in accordance with the requirements of the applicable Contract or applicable law.
INTEREST IN REAL PROPERTY. Each Timeshare Property that is a UDI constitutes a fee simple interest in real property and improvements on the real property.
INTEREST IN REAL PROPERTY. The Timeshare Property underlying such Loan is an interest in real property consisting of either a Fixed Week or a UDI, and (except for a Timeshare Property that is a Green Timeshare Property) such Timeshare Property has been deeded to a Nominee or has been deeded to the related Obligor in accordance with the requirements of the related Loan and applicable law.
INTEREST IN REAL PROPERTY. It is the intention of the parties that the rights granted to AngloGold by this Lease constitute an interest in real property in the Leased Area.
INTEREST IN REAL PROPERTY. The Timeshare underlying each Sold Receivable and each Contributed Receivable is an interest in real property consisting of an undivided interest in fee simple in a lodging unit or group of lodging units at each Resort for a fixed or floating period of time; provided that, subject to the criteria set forth in the definition of Eligible Receivable, Timeshares underlying the Sold Receivables and the Contributed Receivables may be beneficial interests in the Oak N' Spruce Resort Trust and are therefore not fee interests in real property.
INTEREST IN REAL PROPERTY. The members of the Obligated Group will provide a true and correct description of the real property where the fixtures, crops, or other real property interests are located, which description is attached hereto as Exhibit A.
INTEREST IN REAL PROPERTY. The members of the Obligated Group represent and warrant that they have an interest of record in or possession of the real property described in Exhibit A and that this real property is the property where the fixtures, crops, or other real property interests that comprise part of the Collateral are located.
INTEREST IN REAL PROPERTY. The following excerpt is extracted from the Company’s Form 10-K filing with the Securities and Exchange Commission for the fiscal year ended December 31, 2005.
INTEREST IN REAL PROPERTY. The Timeshare Property underlying such Loan (except Timeshare Property constituting Vacation Credits or Points) originated by WVRI, FMB, Kona, SDI, Eastern Resorts, BHV or the VB Subsidiaries is an interest in real property consisting of either a Fixed Week or a UDI, and (except for a Timeshare Property that is a Green Timeshare Property) such Timeshare Property has been deeded or otherwise transferred to a Nominee or has been deeded or otherwise transferred to the related Obligor in accordance with the requirements of the related Loan and applicable law. Each Timeshare Property that is a UDI originated by WRDC constitutes a fee simple interest in real property.
