Component site definition
Component site means a specific geographic location where accommodations that are part of a multisite timeshare plan are located. Separate phases of a single timeshare property in a specific geographic location and under common management are a single component site.
Component site means a specific geographic location where accommodations that are part of a multisite time-share plan are located. Separate phases of a time-share property in a specific geographic location and under common management shall not be deemed a component site.
Component site means a specific geographic site where a portion of the accommodations and facilities of the multisite timeshare plan are located. If permitted under applicable law, separate phases oper- ated as a single development located at a specific geographic site under common management shall be deemed a single component site for purposes of this part.
Examples of Component site in a sentence
Notwithstanding anything herein to the contrary, each Component, phase or sub-Component thereof shall be solely responsible for any and all site specific costs relating to such Component, phase or sub-Component including all Infrastructure Improvement Costs and Program Costs associated solely with their respective Component, site plan approval costs and similar costs, fees and expenses (the “Exclusive Office/Hotel Infrastructure Improvement Costs”).
More Definitions of Component site
Component site means a specific geographic location
Component site means a specific geographic
Component site means a specific geographic location where
Component site means a specific geographic location where accommodations which are part of a multi-site timeshare plan are located. Separate phases of a single timeshare property in a specific geographic location and under common management shall be deemed a single component site.
Component site has the meaning specified in Section 18.
Component site means a specific geographic site at which certain time- share accommodations and facilities are located. If permitted under applicable law, separate phases that are operated as a single development in a particular geographic location and under common management shall be deemed a single component site.
Component site means a timeshare resort in which Purchasers of Intervals are afforded use rights to the accommodations or facilities of that resort through the Club's ownership of timeshare intervals in that resort.