Aruba Club Loans definition

Aruba Club Loans means all timeshare loans originated by the Aruba Originator each secured by Co-op Shares.
Aruba Club Loans means all timeshare loans originated by the Aruba Originator on or after January 26, 2004 each secured by Co-op Shares, which entitle the owner thereof to use and occupy a fixed Unit at La Cabana Resort.
Aruba Club Loans means all timeshare loans originated by the Aruba Originator on or after January 26, 2004 each secured by Co-op Shares.

Examples of Aruba Club Loans in a sentence

  • Within 30 days of the Closing Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Issuer and pledged to the Indenture Trustee, in trust, for the benefit of the Noteholders.

  • Within 30 days of each Transfer Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Note Issuer and pledged to the Collateral Agent for the benefit of the Noteholder.

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  • Within 30 days of the Closing Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Issuer and pledged to the Indenture Trustee, in trust, for the benefit of the Noteholders.

  • Within 30 days of the Closing Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Issuer and pledged 48 to the Indenture Trustee, in trust, for the benefit of the Noteholders.


More Definitions of Aruba Club Loans

Aruba Club Loans means all timeshare loans originated by the Aruba Originator on or after January 26, 2004, each secured by Co-op Shares.

Related to Aruba Club Loans

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Extended Loans has the meaning specified in Section 2.17(a).

  • New Revolving Loans as defined in Section 2.25.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Other Revolving Loans shall have the meaning assigned to such term in Section 2.21.

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

  • Replacement Loans has the meaning specified in Section 10.01.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Loan or Loans means, as the context may require, Revolving Loans and/or Swing Line Loans.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term Loans as defined in Section 2.1.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.