Common use of Vacation Club Clause in Contracts

Vacation Club. (i) There occurs a termination or dissolution of the Vacation Club; or (ii) once the Timeshare Project exists, the Timeshare Project ceases to be a component resort of the Vacation Club.

Appears in 3 contracts

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp), Loan and Security Agreement (BBX Capital Corp), Loan and Security Agreement (Bluegreen Vacations Corp)

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Vacation Club. (i) There occurs a termination or dissolution of the Vacation Club; or (ii) once the Timeshare Project exists, the Timeshare Project ceases to be a component resort of the Vacation Club.

Appears in 2 contracts

Samples: Loan Agreement (BBX Capital Corp), Loan Agreement (BFC Financial Corp)

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Vacation Club. (i) There occurs a termination or dissolution of the Vacation Club; or (ii) once the Timeshare Project exists, the Timeshare Project ceases to be a component resort of the Vacation Club.. 50 6284.98.1115736.11

Appears in 1 contract

Samples: Loan Agreement (BBX Capital Corp)

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