Common use of Operating Contracts Clause in Contracts

Operating Contracts. Subject to the rights of the Timeshare Owners’ Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.

Operating Contracts. Subject to the rights of the Timeshare Owners’ ' Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts Resort or the Collateral.

Operating Contracts. Subject to the rights of the Timeshare Owners’ ' Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.of

Operating Contracts. Subject to the rights of the Timeshare Owners’ ' Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, and Borrower shall not consent to any modification, extension or termination of any Operating Contract without the prior written approval of AgentTFC, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.

Operating Contracts. Subject to the rights of the Timeshare Owners’ Association ' Associations as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.

Operating Contracts. Subject to the rights of the Timeshare Owners’ Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of AgentLender, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.

Operating Contracts. Subject to the rights of the Timeshare Owners’ Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts Resort or the Collateral.

Operating Contracts. Subject to the rights of the Applicable Timeshare Owners’ ' Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, SPV and TFC if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts any Resort or the Collaterala Material Adverse Effect.

Operating Contracts. Subject to the rights of the Timeshare Owners’ ' Association as set forth in the Timeshare Documentsdocuments, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agentthe Lender, if any such modification, extension, termination or new agreement could would have a material adverse impact effect on the operation of the Resorts Resort or the Collateral.

Operating Contracts. Subject to the rights of the Timeshare Owners’ ' Association as set forth in the Timeshare Documents, no Operating Contract listed in Exhibit D shall be modified, extended, terminated or entered into, without the prior written approval of AgentLender, if any such modification, extension, termination or new agreement could have a material an adverse impact on the operation operating of the Resorts Resort or the Collateral.

Operating Contracts. Subject to the rights of the Timeshare Owners’ ' Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of AgentLender, if any such modification, extension, termination or new agreement could have a material an adverse impact on the operation of the Resorts Resort or the Collateral.