Minimum Hotel Keys definition
Examples of Minimum Hotel Keys in a sentence
MTS Land hereby grants, conveys, assigns and transfers to the Town a security interest in and lien on each Resort Estates lot created by a recorded final plat or map in Development Area F in order to secure the payment of the In Lieu Payment for each Payment Year; provided however, that the Minimum Hotel Keys along with any additional Hotel Keys, to the extent they are owned by the Owner of a Resort Hotel shall not be subject to such lien.
MTS Land/Golf hereby grants, conveys, assigns and transfers to the Town a security interest in and lien on each Resort Estate Lot or Resort Residential unit created by a recorded final plat or map in Development Area E and Development Area B in order to secure the payment of the In Lieu Payment for each Payment Year; provided however, that the Minimum Hotel Keys along with any additional Hotel Keys, to the extent they are owned by the Owner of a Resort Hotel shall not be subject to such lien.
The swimming pool shall have sufficient pool deck to accommodate guests for the Minimum Hotel Keys; the whirlpool or Jacuzzi may be at the pool or within the fitness/spa area.