Diamond Property definition

Diamond Property means each Vacation Ownership Property acquired by Licensee in connection with the Diamond Merger.
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Diamond Property means all Property owned by Diamond.
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Examples of Diamond Property in a sentence

  • In the event a Rebranded Sales Facility is rebranded prior to an adjoining Diamond Property that has not yet been rebranded, any accommodation packages directing guests to such Rebranded Sales Facility shall not include accommodations at the unbranded Diamond Property and instead shall be limited to accommodations at one of the Hilton portfolio of brand properties unless otherwise approved by Licensor.

  • For each additional Diamond Property that is rebranded in accordance with the Rebrand Plan and formally approved by Licensor for marketing and being listed as one of the “Hilton” network of properties on Licensor’s corporate-level advertising channel via its consumer facing website in accordance with Section 1.5 of the A&R Agreement, Licensee shall pay Licensor a one-time fee of $10,000 per such property.

  • An employee of a Diamond Property will become eligible for the employee discounts described in this Section 8.6 at the time such Diamond Property is converted into a New Brand Licensed Vacation Ownership Property in accordance with Section 5.2. If Licensor so requests in writing, Licensor’s employees may enjoy discounts consistent with Licensee’s then-current discount offers to Licensee’s own employees to purchase units in Licensed Vacation Ownership Properties.

  • From and after the time at which a specific Diamond Property or Bluegreen Property is approved for conversion to a Licensed Vacation Ownership Property pursuant to Section 5.10, Licensee will operate such property as a Licensed Vacation Ownership Property.

  • Licensee also has delivered a Checklist for every Diamond Property located outside the United States to Licensor.

  • No deficiency with respect to Taxes has been proposed, asserted or assessed in writing against Company or its Subsidiaries which has not been fully paid or adequately reserved or reflected in the Company Financials.

  • In the event a Diamond Rebranded Sales Facility shall have been rebranded prior to an adjoining Diamond Property that has not yet been rebranded, any accommodation packages directing guests to such Diamond Rebranded Sales Facility shall not include accommodations at the unbranded Diamond Property and instead shall be limited to accommodations at one of the Hilton portfolio of brand properties (including, without limitation, any Diamond Converted Property) unless otherwise approved by Licensor.

  • All payments made in liquidation of the Diamond Interest of a withdrawing Member (whether pursuant to Article XI or Article XII, but excluding payments pursuant to Section 12.2(a)) shall be made in exchange for the interest of such Member in Diamond Property pursuant to Code Section 736(b)(1), including the interest of such Member in goodwill of Diamond.

  • Should Lessee or its members or guests engage in any activity on Green Diamond Property outside the Lease Area and without separate authorization, it is a breach of this Lease and grounds for termination.

  • Notwithstanding any other provision of this Article XII, in the event Diamond is liquidated within the meaning of Regulations Section 1.704-1(b)(2)(ii)(g) but no Liquidating Event has occurred, the Diamond Property shall not be liquidated, Diamond's debts and other liabilities shall not be paid or discharged, and Diamond's affairs shall not be wound up.

Related to Diamond Property

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Historic property means any prehistoric or historic site, district, building, object or other real or personal property of historical, architectural or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government and culture of Florida.

  • Private property means any dwelling and its curtilage which is being used by a natural person or natural persons for habitation and which is not open to the public and privately owned real property which is not open to the public. "Private property" shall not include:

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