Resort Documents Sample Clauses
The 'Resort Documents' clause defines the set of official documents, agreements, and records that pertain to the ownership, operation, or management of a resort property. This typically includes items such as property deeds, management contracts, permits, licenses, and any governing rules or covenants. By clearly identifying which documents are considered authoritative for the resort, the clause ensures all parties have a common understanding of the legal and operational framework, thereby reducing the risk of disputes and ensuring compliance with relevant obligations.
Resort Documents. Borrower and its Affiliates shall comply with all of their obligations under the applicable Resort Documents. Borrower and its Affiliates shall not amend, modify, waive or terminate any of the Resort Documents, or enter into or permit the Associations to enter into any new Resort Documents which would in any way materially and adversely alter the Resorts, the rights of Obligors, the rights of any lender foreclosing on a Vacation Ownership Interest or any priority of past due assessment claims over the lien of any mortgage, as applicable.
Resort Documents. Borrower has furnished Agent with true and correct copies of the Resort Documents listed on Schedule 5.30 hereto, which constitute all of the material Resort Documents applicable to each Primary Resort and Secondary Resort and the form and content of which have been approved by all applicable governmental authorities, to the extent required. Each Resort Document complies in all material respects with all Applicable Law and there exists no outstanding violations or breaches of any such Resort Documents, including, without limitation, the Club Trust Agreement.
Resort Documents. The Company has furnished the Designated Representative with true and correct copies of the Resort Documents listed on Schedule 5.31 hereto, which constitute all of the material Resort Documents applicable to each Resort and the form and content of which have been approved by all applicable Governmental Authorities, to the extent required. Each Resort Document complies in all material respects with all Applicable Law and there exist no outstanding violations or breaches of any such Resort Documents.
Resort Documents. The Shore Crest Phase II Master Deed establishing a horizontal property regime and a vacation time sharing ownership plan under and in accordance with applicable South Carolina law in respect of the Property described in Exhibit F together with (a) the plans and plot plans in respect thereof, as the same have been recorded in the office of the RMC of Horry County, South Carolina, (b) the By-Laws of the Shore Crest Phase II Owners Association, Inc. ("SHORE CREST PHASE II ASSOCIATION"), a corporation organized not for profit under the laws of South Carolina and (c) the rules and regulations of such Association. To the extent that other buildings at the Shore Crest Phase II Resort are added as an additional phases to the Shore Crest Phase II Master Deed in accordance with applicable South Carolina law and said Master Deed, "Shore Crest Phase II Resort Documents" shall include the supplemental master deeds in respect thereof.
Resort Documents. To the extent they are then in Seller's possession, and have not theretofore been delivered to Purchaser: (i) any plans and specifications for the Resort; (ii) all unexpired warranties and guarantees which Seller has received in connection with any work or services performed with respect to, or equipment installed in, the Resort (collectively, the "WARRANTIES"); (iii) originals of all Space Leases, all correspondence to or from any tenants, relating to the Space Leases; (iv) originals of all Service Contracts that will remain in effect after the Closing; (v) a list of advance room reservations and functions; (vi) a list of such Seller's outstanding accounts receivable as of midnight on the date prior to the Closing; (vii) all Permits and licenses for the Property; and (which materials under this Section 9.10 may be either delivered at Closing or left at the management office at the Resort).
Resort Documents. 35 Resorts ......................................................................14 Restraints ...................................................................59
Resort Documents. Agent shall have received a copy of each of the Resort Documents for the Primary and Secondary Resorts and all amendments thereto, certified as to accuracy and completeness by Borrower or its Affiliates.