Vacation Points definition

Vacation Points. As defined in the Club Trust Agreement.
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Vacation Points the value placed upon a nightly or weekly occupancy of a timeshare unit pursuant to the terms of the Purchase Contract, which value may be set forth within the Demand Balancing Standard (as defined in the Vacation Club Trust Agreement).
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Vacation Points the value placed upon a nightly or weekly occupancy of a timeshare unit pursuant to the terms of the Purchase Contract, which value may be set forth within the Demand Balancing Standard (as defined in the Vacation Club Trust Agreement).  ▇▇▇▇ Financial: ▇▇▇▇ Financial Company, a Pennsylvania corporation. 
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Examples of Vacation Points in a sentence

  • The Trust agrees that it will cooperate with Bluegreen to facilitate the remarketing of Intervals and Vacation Points relating to a Defaulted Receivable pursuant to Section 6.3(r).

  • Additionally, in the event Bluegreen is the "Servicer" hereunder, Bluegreen or the Club will be the exclusive "broker" of the Intervals or Vacation Points, as the case may be.

  • Following conversion of the Hotel to timeshare use, the Property shall yield no fewer than 78,794,000 Vacation Points.

  • The Bluegreen Vacation Club Trust has filed all required tax returns and has paid all taxes shown to be due and payable on such returns, including all taxes in respect of sales of Owner Beneficiary Rights (as defined in the Club Trust Agreement) and Vacation Points.

  • Owner Beneficiary: the Purchaser under the Purchase Contract who purchases Timeshare Inventory in the Timeshare Project pursuant to such Purchase Contract and is thereby designated an Owner Beneficiary under the terms of the Vacation Club Trust Agreement and entitled to exercise Owner Beneficiary Rights with appurtenant Vacation Points.

  • The maximum amount of the End of Construction Advance shall not be greater than 15.7% of the Retail Value of the total Vacation Points attributable to Units at Long Creek Phases (prior to the commencement of sales), less the total aggregate Advances (whether repaid or still outstanding) made between the Effective Date and the date of such End of Construction Advance.

  • During December of each year, Manager shall determine each Member’s Program Fee based upon the Budget and the number of Vacation Points owned by such Member.

  • A report which (i) lists all outstanding Vacation Points and the total amount of available Accommodations relating thereto and (ii) sets forth the Fulfillment Rate for the most recently ended fiscal quarter.

  • Additionally, in the event Bluegreen is the "SERVICER" hereunder, Bluegreen or the Club will be the exclusive "BROKER" of the Intervals or Vacation Points, as the case may be.

  • The Servicer shall not permit the total number of Vacation Points available at any time to be less than 623,581,650, which number represents at least 90% of all Vacation Points as of June 30, 2004.


More Definitions of Vacation Points

Vacation Points shall have the meaning specified in the Club Trust Agreement. Schedule I With respect to each Warehouse Timeshare Loan, as of the related Closing Date or Transfer Date, as applicable:
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Vacation Points the value placed upon a nightly or weekly occupancy of a timeshare unit pursuant to the terms of the Purchase Contract, which value may be set forth within the Demand Balancing Standard (as defined in the Vacation Club Trust Agreement).  ▇▇▇▇ Financial: ▇▇▇▇ Financial Company, a Pennsylvania corporation.  6284.345.1224403.10 14 4/16/2018 WARN Act: Worker Adjustment and Retraining Notification Act or any state law analogue.  Warranties: all rights, titles and interests in and to all bonds, guarantees and warranties, if any, issued by any manufacturer or contractor in connection with construction or installation of equipment or any component of the Improvements included as part of the Transferred Property.
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Vacation Points means with respect to a Bluegreen Timeshare Loan, points or a similar form of currency, corresponding to the value of the related Timeshare Property, which entitle the holder thereof to use and occupy the related Timeshare Property and other timeshare property interests in the Club.
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Vacation Points means the value, expressed in "points," placed upon nightly or weekly occupancy of a Unit pursuant to the terms of an Owner Agreement, which are an appurtenance to Owner Beneficiary Rights and not separable from them; Vacation Points shall include biennial vacation points where such inclusion in the definition is appropriate.
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Vacation Points as defined in Section 5.11 hereof.  Monthly Payment Date: the 20th day of each calendar month (or if such 20th day is not a Business Day, then on the first Business Day thereafter) continuing during the Term. The first Monthly Payment Date shall be October, 20, 2022.  Mortgage: the Mortgage, Assignment of Leases, Rents and Proceeds, Security Agreement, Fixture Filing executed and delivered by BVU to Administrative Agent, and recorded in the real property records of Bay County, Florida, as amended, supplemented, restated, replaced, or substituted from time to time, and which encumbers among other Collateral, the Land and the Improvements, and existing or to be developed buildings and other improvements relating to the Property, and which among other Loan Documents, secures the Loan. New Resort Amenities Component: as defined in Section 8.6(a).  BN 72497947v7
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