Use Year definition

Use Year means a calendar year or other period established by The Club Operating Company for each membership type during which a Member’s periodic allocation of Points received upon payment of the Club Dues for that period must be used in accordance with the Club Rules unless the Member has borrowed orsaved such Points to the extent permitted under the Club Rules. The period established as the Use Year may vary for different membership types.
Use Year means an annual recurring twelve (12) month period.
Use Year means, with respect to an Original Vacation Plan or a Regular Vacation Plan, a calendar year, commencing January 1st. With respect to a Biennial Vacation Plans, “Use Year” shall mean the alternate one (1)-calendar year period commencing in either an even-numbered or odd-numbered calendar year, depending upon the Owner’s choice at the time the Biennial Vacation Plan was purchased. Each Biennial Vacation Plan entitles its Owner to only one (1) Use Week every two (2) calendar years.

Examples of Use Year in a sentence

  • The Use Year shall continue for successive twelve (12) month periods for so long as the Vacation Ownership Plan continues.

  • RCI Points that have been saved must be used in the Use Year into which they were saved.

  • Saved RCI Points may be transferred to another Member, but those RCI Points are usable only within the transferee Member’s current Use Year and may not be saved again.

  • A Home Resort Priority Period Exchange Request must be for the same unit type, season, and number of Points using only those Points allotted in the current Use Year for the Vacation Time used to make the Exchange Request.

  • In order to make a Reservation for use of particular Vacation Time or of a Unit of Partner Inventory during any Use Year, a Member may only use RCI Points allocated in that Use Year and any RCI Points saved, borrowed, transferred or rented in or into that Use Year.


More Definitions of Use Year

Use Year as defined in Section 11.1:
Use Year means a calendar year or other period established by Operating Company for each membership type during which a Member may deposit the Use Rights associated with the Member’s Qualifying Interest for inclusion in the Exchange Pool in accordance with these Terms and Conditions. The period established as the Use Year may vary for different membership types and may vary from the period set in a given Member’s Home Resort’s governing documents for the use or redemption of his or her Use Rights relating to his or her Qualifying Interest.
Use Year means each calendar year; provided, however, that in the event a Use Period is shown on the Use Period Calendar to occur in two calendar years, then Use Year shall refer to each such calendar year
Use Year means the period beginning on July 1 and ending on the immediately following June 30 and “Resort Season” means the at least twenty (20) calendar weeks during each Use Year not designated by Vendor as “High Season.” Prior to the beginning of each Use Year, BEMCO shall provide Purchaser with a “Use Calendar” for that year. The Use Calendar shall allocate each of the forty eight (48) weeks of that Use Year into one of two seasons, based on anticipated rental rates: High Season and Resort Season. Use Time may only be used in the Use Year in which it accrues. Consequently, unused Use Time expires at the conclusion of the Use Year in which it is issued and may not be carried over to any subsequent Use Year or used in advance of issuance for any reason whatsoever. 使用时间。 在单位完成及移交后每年的使用, 买方、 他或她的配偶和 儿童 ("直系亲属") 和非付费的客人 ("来宾") 有权在度假季节 (" 使用时间")独家使用该单位十四(14)个晚上。 在此处用途, “使用年”是指从七月一日起至紧跟着的六月三十日止, 及“度假季节”是指每个 使用年最少有二十(20)个星期卖家是不会标示为“旺季”的。 在每个 使用年开始时, BEMCO 应提供给买家一份当年的“使用日历表”。 使用日历应根据预期租金在该使用年中各自有 48 天分配到两个季节之一: 旺季及度假季。 使用时间只在使用年中累计使用。 因此, 在使用年结束时未曾使用的使用时间并不能转结至任何以后的使用年或无论什么原因都不能提前在任个季节使用。
Use Year means the approximate one-year period commencing on Check-In Time on the first day of Use Week Number 1 in the Use Calendar.
Use Year means the period commencing on the first Sunday in January through the first Saturday in January of the following year. Note: Because the Villas are closed for annual, major maintenance/cleaning during the first weeks of January, the initial residencies typically commence on the third (3rd) Friday in January.
Use Year means, in relation to a Member (other than a Getaway Points Class Member), each consecutive period of 12 months commencing on the Use Year Start Date and ending on the Use Year End Date;