Examples of Resort Unit in a sentence
In addition, Lender shall have the automatic right without the appointment of a Receiver to have access to and exclusive possession of the Resort Interest and Resort Unit encumbered hereby or such other Resort Interest and Resort Unit whose use has been assigned to Borrower by the Resort Owners Association or by any exchange company.
The unit location number is determined by assigning a '1' to the Resort Units on the far left of each Resort Unit Building when facing such Building, and counting off sequentially (i.e., 1, 2, 3, etc.) to the right until the last Resort Unit has been assigned a unit location number.
No Resort Unit Owner shall paint, refurbish, stain, alter, decorate, repair, replace or change the Common Elements or any outside or exterior portion of the Building maintained by the Condominium Association, including terraces, balconies, porches, doors or window frames (except for replacing window panes), etc.
If his or her Unit is not occupied by a Designated User (as defined in the Use and Access Agreement) renting the Unit through the rental program, any person classified as a Resort Unit Owner or having the rights of a Resort Unit Owner, may make an advance reservation up to one (1) year in advance, and will not be required to pay a greens fee.
The Resort Unit Owner shall be responsible for paying to GEI any deposits or advance fees required by GEI in connection with the use of the Golf Facilities by a Resort Unit Owner.
Each Resort Unit in any Subsequent Phase, if any such Subsequent Phase is submitted to the Condominium Property pursuant to the "Subsequent Phase Amendment" (as hereinafter defined), shall be identified by an identifying number assigned pursuant to the system set forth in Paragraph 5.1 hereinabove, and as shown on Exhibit B attached hereto.
If the Resort Unit Owner is scheduled to play one (1) eighteen (18) hole round of golf at the Golf Facilities the Resort Unit Owner may play a second eighteen (18) hole round if there is space available at the actual tee-off time without any reservation, without payment of a greens fee.
If such Resort Unit Owner(s) desires to play golf at the Golf Facilities more than one hundred (100) rounds for all of those falling in the category of Resort Unit Owner, and more than forty-two (42) times for any individual per year, the Resort Unit Owner(s) may do so, subject to the same reservation privileges, as are applicable to the general public.
Each Property, Resort, Unit, and the other Improvements will be operated in compliance with all applicable zoning requirements, building codes, subdivision ordinances, licensing requirements, covenants, conditions, and restrictions of record, and all other Applicable Laws.
In the event a Resort Unit Owner shall default on this obligation, the Association has the authority to collect all delinquent amounts from the Unit Owners on a pro rata basis to their shares of ownership as a Special Assessment.