Timeshare Agreements definition
Examples of Timeshare Agreements in a sentence
Notwithstanding anything contained in this Agreement to the contrary, once a reversion as set forth in this Agreement has occurred, and except with respect to the Developer’s potential liability for liquidated damages as set forth in Subsection (c) above, any remedies available to Seller hereunder or under other applicable Timeshare Agreements, or at law or in equity, shall be limited to remedies pertinent to only the portion of the Timeshare Project as to which the possibility of reversion has terminated.
If Manager elects not to assume any obligation under the Timeshare Agreements, such obligation shall remain the obligation of Owner.
Manager agrees that it will not restrain or limit such rights except to the extent Owner is permitted to do so under the Timeshare Agreements.
Owner agrees it will not restrain or limit Manager from exercising any such rights so long as Owner is otherwise permitted to exercise such rights under the Timeshare Agreements.
Manager acknowledges that certain third parties have been granted certain rights and easements under the Timeshare Agreements, including rights of access and use of certain amenities as well as rights to certain services.
In the event Owner desires Manager to perform any of the obligations under any of the Timeshare Agreements (on Owner’s behalf), Owner shall make a request to Manager in writing.
Owner acknowledges and agrees that Manager shall have the right, in its sole discretion, to exercise and enforce any and all rights of Owner under any of the Timeshare Agreements.