Time share use plan definition

Time share use plan means any arrangement, excluding normal hotel operations, whether by membership agreement, lease, rental agreement, license, use agreement, security or other means, whereby the purchaser receives a right to use accommodations or facilities, or both, in a time share unit for a specific or discernible period by temporal division, but does not receive an ownership interest.
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Time share use plan means any plan by which a person participating in the plan acquires a right to use or occupy real property, including accommodations or facilities situated on the property, for specific or determinable periods of time but does not acquire an ownership interest in the property; and
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Time share use plan means any plan by which a person participating in the plan acquires a right to use or occupy real property, including accommodations or facilities located on that property, for specific or determinable periods of time but does not acquire an ownership interest in that property;
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Examples of Time share use plan in a sentence

  • Time share use plan" means any arrangement, excluding normal hotel operations, whether by membership agreement,lease, rental agreement, license, use agreement, security or other means, whereby the purchaser receives a right to useaccommodations or facilities, or both, in a time share unit for a specific or discernible period by temporal division, but does not receive an ownership interest.Plaintiffs did not assert at the trial level or on appeal that Defendant's use constituted a time share ownership plan.


More Definitions of Time share use plan

Time share use plan means any arrangement, excluding normal hotel operations, whether by membership agreement,
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Related to Time share use plan

  • Stock Purchase Plan means the employee stock purchase plan to be established by Water Pik pursuant to Section 2.2.

  • Intended use plan or “IUP” means the program document identifying the intended uses of funds available for loans pursuant to the WPCSRF and the DWSRF.

  • Case plan means a written document developed by the PCSA, PCPA or Title IV-E agency and the family which identifies strengths of the family, concerns to be resolved and supportive services to be provided which will result in ensuring permanence for the child.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer or director for services provided to the Company in their capacity as such.

  • SPP Has the meaning stated in the preamble of this Agreement.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Option Plan has the meaning ascribed to it in section "4.7" hereinbelow;

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Non-U.S. Plan means any plan, fund or other similar program that (a) is established or maintained outside the United States of America by the Company or any Subsidiary primarily for the benefit of employees of the Company or one or more Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and (b) is not subject to ERISA or the Code.

  • Land use plan means a plan prepared under former 1921 PA 207, former 1943 PA 184, or a site plan under the Michigan zoning enabling act, 2006 PA 110, MCL 125.3101 to 125.3702.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • flight plan means specified information provided to air traffic services units, relative to an intended flight or portion of a flight of an aircraft;

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • the BCTF Plan means the Group RRSP entered into by the Federation and Royal Trust or a successor to that plan;

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—