rental pool definition
rental pool means an arrangement under which revenues derived from, or expenses relating to, two or more properties are pooled and shared among the owners of the properties in accordance with their proportionate interests in the pool.
rental pool for a particular property means an arrangement under which revenues derived from, and/or expenses relating to, that property and other properties are pooled and shared among the owners of the properties in accordance with their proportionate interests in the pool;
rental pool. - means a system whereby the Managing Agent allocates certain Chalets that are made available by their Owners for this purpose and in terms of which the participating Owners are entitled to share in the Rental Pool Revenue, as set out in these Rules.
More Definitions of rental pool
rental pool means the collective pool of accommodation administered by the Company that is let out to SBU’s and the general public in accordance with the Rental Agency Agreement; Rules of Conduct as stipulated in the Wilderness Agreement and the Company Constitution and which may be adapted from time to time at a general meeting of Shareholders by Special Resolution; Service Agreement an agreement with the Company whereby the Diamond Shareholder can access staffing and other services on a regular basis.
rental pool means the rental management arrangement in respect of the Hotel
rental pool means the rental pool established by the DEVELOPER and managed by the RENTAL POOL MANAGEMENT COMPANY in accordance with the applicable regulations, rules, and or consents required for such an operation by the laws of the Republic of Seychelles for the purposes of lettings (whether long term or short term) of UNITS, (or any part thereof);
rental pool means the rental pool operated by Mantis Pearl Valley Hotel (Pty) Ltd (registration number 2015/403393/07) or its successor in title or assignees in respect of the Participating Units in the Hotel Scheme;
rental pool means an arrangement under which revenues derived from, or expenses relating to, at least two immovables are pooled and shared among the owners of the immovables in accordance with their proportionate interests in the pool.
rental pool means the participating owners in a specific month for rental and a share of rental income from the rental business;
rental pool means all properties which are classified as Pool A properties which are made available to the COMPANY in terms of clause
4.1 below for the relevant RENTAL POOL PERIOD for renting out to third parties in terms of agreements similar to this agreement and including this agreement;