Timeshare Association Sample Clauses

Timeshare Association. Lender acknowledges that at the time of the execution of this Agreement, no Timeshare Association has been formed with respect to the Timeshare Project and the covenants, representations, warranties and other provisions contained this Agreement and the other Acquisition Loan Documents that pertain to or are intended to bind a Timeshare Association are presently of no force or effect, given the absence of a Timeshare Association. However, in the event Borrower subsequently forms a Timeshare Association for the Timeshare Project, such covenants, representations, warranties and other provisions contained this Agreement and the other Acquisition Loan Documents that pertain to or are intended to bind a Timeshare Association shall then become applicable to such Timeshare Association. Borrower agrees to give Lender prompt written notice at such time as a Timeshare Association has been formed and promptly furnish Lender with a copy of the filed Articles of Incorporation (certified by the filing office) and Bylaws (certified by an officer) for the Timeshare Association.
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Timeshare Association. Paradise Point Timeshare Association. Timeshare Declaration: Paradise Point Timeshare Declaration.
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Timeshare Association. Individually and collectively, those certain non-profit corporations, or any successor associations thereto, created in the Declaration.
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Timeshare Association. Longwharf Interval Owners' Association, a Rhode Island unincorporated association.
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Related to Timeshare Association

  • MERS (a) The Servicer shall use its Best Efforts to cause the Trustee to be identified as the owner of each MERS Mortgage Loan on the records of MERS for purposes of the system of recording transfers of beneficial ownership of mortgages maintained by MERS.

  • Subservicer Any Person with whom the Master Servicer has entered into a Subservicing Agreement and who generally satisfied the requirements set forth in the Program Guide in respect of the qualification of a Subservicer as of the date of its approval as a Subservicer by the Master Servicer.

  • Securities Depositories (a) Bank hereby represents to Customer that each securities depository listed on Schedule B is an Eligible Securities Depository. If Schedule B is amended, this representation shall be effective as to the amended Schedule on the date of such amendment. Bank shall promptly advise Customer if any securities depository listed on Schedule B ceases to be an Eligible Securities Depository.

  • Shareholder Servicing All expenses of maintaining and servicing shareholder accounts, including but not limited to the charges of any shareholder servicing agent, dividend disbursing agent, transfer agent or other agent engaged by the Trust to service shareholder accounts.

  • Mortgage Loan Files Section 9.1 Owner Mortgage Loan Files and Retained Mortgage Loan Files

  • Custodial Services The charges and expenses of the custodian appointed by the Trust for custodial services;

  • EMC On the Closing Date, EMC will receive from the Seller a payment of $5,000.

  • Initial Servicer The servicing, administering and collection of the Collateral shall be conducted by the Person designated as the Servicer hereunder from time to time in accordance with this Section 6.1. Until the Administrative Agent gives to the Originator a Servicer Termination Notice, the Originator is hereby designated as, and hereby agrees to perform the duties and responsibilities of, the Servicer pursuant to the terms hereof.

  • The Seller/Servicer and Residential Funding each represents and warrants to the other that as of the date of this Contract:

  • Depositor Structured Asset Securities Corporation, a Delaware corporation having its principal place of business in New York, or its successors in interest.

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