FairShare Plus definition

FairShare Plus means the program pursuant to which the occupancy and use of a Vacation Ownership Interest is assigned to the trust created by the FairShare Plus Agreement in exchange for annual symbolic points that are used to establish the location, timing, length of stay and unit type of a vacation, including without limitation systems relating to reservations, accounting and collection, disbursement and enforcement of assessments in respect of contributed units.
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Examples of FairShare Plus in a sentence

  • FairShare Plus Assessments may be paid annually or in monthly installments.

  • The FairShare Plus Assessment is comprised of a Program Fee and Ownership Association Fee (“OA fee”).

  • The CO was received on December 18, 2017 and the first grant payment was made on January 19, 2018.

  • Upon receipt by the Trust, the FairShare Plus Assessment shall be deposited in the Escrow Account.

  • During the first quarter of 2008, the Company recorded a $28 million impairment charge due to the Company’s initiative to rebrand FairShare Plus and WorldMark to the Wyndham brand.

  • In the event of a cancellation or termination due to default, the defaulting Member (A) shall forfeit all previously paid FairShare Plus Assessments (with all OA fees not theretofore paid to the applicable OA to be forwarded to such OA), (B) shall no longer have any right to participate in the Plan and (C) shall no longer be a Member of the Plan or of the Association.

  • To the extent not then known, the OA Fees will be estimated at the beginning of each year based upon the best available information at the time of the determination of the FairShare Plus Assessment.

  • Section 1.08 “Directory” means the FairShare Plus Vacation Program Directory which describes the Trust Properties and the terms and conditions of the FairShare Vacation Plan, as may be amended and updated from time to time.

  • Upon receipt of the FairShare Plus Assessment, the OA Fee shall be deposited in the Escrow Account and the Program Fee shall be deposited in the Program Fund.

  • The Amended Complaint assails four categories of conduct (or, as Plaintiff puts it, “schemes”) on the part of Defendants giving rise to Plaintiff’s claims: (1) WVR’s financing of timeshare purchase; (2) Worldwide and WVR’s operation of the RCI timeshare exchange program; (3) WVR’s FairShare Plus Assessment; and (4) WVR’s Guest Certificate Fee.

Related to FairShare Plus

  • BVI means the British Virgin Islands.

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • Soda fountain means a place especially equipped

  • ESBD means the Electronic State Business Daily, the electronic marketplace where State of Texas bid opportunities over $25,000 are posted. The ESBD may currently be accessed at http://www.txsmartbuy.com/sp.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • PMU means the Project Management Unit established in accordance with paragraph 3 of Schedule 5 to this Loan Agreement;

  • Share Pledge means as defined in Section 5.1(g).

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • CMBI means Chase Manhattan Bank International, an indirect wholly-owned subsidiary of Bank, located in Moscow, Russia, and any nominee companies appointed by it.

  • Legg Mason means Legg Mason, Inc. and its subsidiaries and affiliates.

  • Monte Titoli means Monte Titoli S.p.A.

  • CSSF means the Commission de Surveillance du Secteur Financier;

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • Public school academy means a public school academy or strict discipline academy organized under the revised school code, 1976 PA 451, MCL 380.1 to 380.1852.

  • Heritage means Heritage Bancorp Ltd.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of central banking and also includes its successors;

  • RSSB means Rail Safety and Standards Board Limited (a company limited by guarantee and registered in England and Wales under number 04655675), and its successors and assigns.

  • SoftBank means Softbank Group Corp.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • TD means The Toronto-Dominion Bank.

  • Backsiphonage means the flow of water or other liquids, mixtures or substances into the potable water system from any source other than its intended source, caused by the reduction of pressure in the potable water system.

  • Platinum means elemental platinum having an atomic weight of 195.09 and the chemical element symbol of Pt, whether found by itself or in combination with its alloys or any other metal.

  • HCP means a Habitat Conservation Plan prepared pursuant to § 10(a)(2)(A) of the ESA (16 U.S.C. § 1539(a)(2)(A)).