Timeshare Declaration definition

Timeshare Declaration means the declaration or other document recorded in the real estate records of the applicable municipality or government office where a Resort is located for the purpose of creating and governing the rights of owners of Timeshare Properties related thereto, as it may be in effect from time to time.
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Timeshare Declaration means the document or documents which provide the legal framework for the establishment of the method of interval ownership and which is or are recorded at the office of the Clerk of Court, Register of Mesne Conveyance, or the Register of Deeds as may be determined by the county in which the vacation time sharing property is located.
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Timeshare Declaration the declaration or other document recorded/or to be recorded in the real estate records where the pertinent Timeshare Project is located for the purpose of creating and governing the rights of owners of Timeshare Interests related thereto, as it may be in effect from time to time.
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Examples of Timeshare Declaration in a sentence

  • Each Timeshare Project and each Timeshare Programs therein have been established and dedicated as a timeshare project, in material compliance with all Legal Requirements and with applicable Timeshare Declaration and other Timeshare Program Governing Documents, and matters affecting title or use of such Timeshare Project.

  • Each Timeshare Association has the full power and authority to perform its/the obligations under the applicable Timeshare Declaration and its applicable Timeshare Management Agreement.

  • Each Timeshare Association and each Purchaser of a Timeshare Interest has access to and the use of all of the amenities and public utilities of such Timeshare Project as and to the extent provided in the applicable Timeshare Declaration and the Timeshare Program Governing Documents.

  • Borrower (on behalf of itself and its Affiliates) hereby irrevocably waives any right of first refusal it may have to purchase Timeshare Interests (including without limitation the right of first refusal contained in any Timeshare Declaration in favor of Borrower, as declarant) with respect to any Timeshare Interests acquired by Lender, or its nominee or assignee, through the exercise or enforcement of the Lender’s rights related to the Collateral under this Agreement or the other Loan Documents.

  • Such amenities include those listed in the applicable Timeshare Declaration.

  • In the event that any proceeds of insurance are to be delivered to holders of first mortgage liens pursuant to Article 14 of the Big Cedar Timeshare Declaration, pursuant to Article 14 of the Long Creek Ranch Timeshare Declaration or pursuant to Article VII of the Paradise Point Timeshare Declaration, Borrower agrees to deliver to Lender such proceeds relating to the Notes Receivable that are part of the Collateral to the extent received by Borrower.

  • If the Timeshare Declaration, any of the other documents creating or governing a Timeshare Project, its timeshare regime, or the Association, or the restrictive covenants with respect to a Timeshare Project, shall be terminated, amended or modified in any material adverse manner with respect to the Lender’s Collateral or the ability of the Borrower to Perform its Obligations.

  • Promptly upon request of Lender, copies of each written notice or request, financial statement, budget or other information received by the Borrower under or with respect to a Timeshare Declaration and/or a Timeshare Association's Articles of Incorporation or By-Laws, whether in its capacity as Declarant, owner of a Unit, owner of a Timeshare Interest or otherwise.

  • Promptly upon request of Lender, copies of each written notice or request, financial statement, budget or other information received by the Borrower under or with respect to the Timeshare Declaration and/or the Timeshare Association's Articles of Incorporation or By-Laws, whether in its capacity as Declarant, owner of a Unit, owner of Timeshare Inventory or otherwise.

  • To the extent there is a conflict or inconsistency between any Timeshare Declaration (as it pertains to the right of Borrower to affect the rights of mortgagees) and the Loan Documents, then, as between Borrower and Lender, the provisions of the Loan Documents shall prevail.


More Definitions of Timeshare Declaration

Timeshare Declaration means the Declaration of Condominium of The Palms Country Club and Resort, A Condominium, recorded in the Public Records of Osceola County, Florida, in Book 1545, at Page 2911, on October 27, 1998, as amended, restated, and/or supplemented from time to time.
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Timeshare Declaration means the declaration or other document recorded in the real estate records of the applicable municipality or government office where a Resort is
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Timeshare Declaration. With respect to the Property, the Declaration of Covenants, Conditions and Restrictions for the Grand Flamingo Suites resort located in the metropolitan area of Las Vegas, Nevada which has been dedicated to timeshare ownership by Borrower pursuant to Declaration of Timeshare Ownership Covenants, Conditions and Restrictions recorded in the Official Records of Clarx Xxxnty, Nevada on November 8, 1991 in Book 911108 as Document No. 00235.
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Timeshare Declaration means that certain Declaration of Condominium for Grande Villas at World Golf Village, a Condominium, a Bluegreen Vacation Club Resort, dated as of January 7, 2004, and recorded at Book 2126, Page 1051, on January 23, 2004, in the Public Records of St. Johns County, Florida, as it may be amended, restated or supplemxxxxx from time to time.
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Timeshare Declaration. With respect to any Resort, that certain timeshare declaration to be recorded in the appropriate land records office of the state in which such Resort is located, pursuant to which a timeshare regimen based on Intervals will be created in and to such Resort. The Timeshare Declaration may be combined with, and made a part of, the Declaration.
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Related to Timeshare Declaration

  • Master Declaration means a written instrument, however named, (i) recorded on or after June 1, 1994, and (ii) complying with section 515B.2-121, subsection (e).

  • Timeshare or "timeshare property" means real property

  • Condominium Declaration means the Declaration of Condominium for NetApp RTP Phase I Condominium recorded in Book 012647, Page 01310, Wake County, North Carolina Registry.

  • Compliance Declaration means a compliance declaration substantially in the form set out in Schedule F;

  • Timeshare Property means one or more accommodations subject to the same timeshare instrument, together with any other property or rights to property appurtenant to those accommodations.

  • statutory declaration means a declaration made in writing according to the requirements of the Oaths Act 2001 (Tas). It is an offence under section 113 of the Criminal Code, as contained in Schedule 1 of the Criminal Code Act 1924 (Tas), to make a false statement in a Statutory Declaration.

  • Golf Course means the 18 hole golf course constructed on the Pearl Valley Estate;

  • Supplemental Declaration means any Declaration amending or supplementing this Declaration, which is adopted in accordance with Section 8.

  • Declarant means any person or group of persons acting in concert who:

  • Condominium Documents means the master deed, recorded pursuant to this act, and any other instrument referred to in the master deed or bylaws which affects the rights and obligations of a co-owner in the condominium.

  • Customs declaration means the act whereby a person indicates in the prescribed form and manner a wish to place goods under a given customs procedure.

  • CC&Rs means any covenants, conditions, restrictions, maintenance agreements or reciprocal easement agreements affecting the Project or the Mortgaged Property.

  • Relevant Declaration means the declaration relevant to the Shareholder as set out in Schedule 2B of the Taxes Act.

  • Motor club means a person:

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Affiliate of a declarant means any person who controls, is controlled by, or is under common control with a declarant. A person controls a declarant if the person: is a general partner, officer, director, or employee of the declarant; directly or indirectly, or acting in concert with one or more other persons or through one or more subsidiaries, owns, controls, holds with power to vote, or holds proxies representing more than twenty percent of the voting interests of the declarant; controls in any manner the election of a majority of the directors of the declarant, or has contributed more than twenty percent of the capital of the declarant. A person is controlled by a declarant if the declarant: is a general partner, officer, director, or employee of the person, directly or indirectly, or acting in concert with one or more other persons or through one or more subsidiaries, owns, controls, holds with power to vote, or holds proxies representing more than twenty percent of the voting interests of the person; controls in any manner the election of a majority of the directors of the person; or has contributed more than twenty percent of the capital of the person. Control does not exist if the powers described in this subsection (1) are held solely as security for an obligation and are not exercised.

  • Golf cart means a self-propelled vehicle that is designed to transport persons playing golf and their

  • Hardship declaration means the following statement, or a substan-

  • Bid Declaration Form means a declaration by the Bidders in form as specified inAnnexure III of this E-Auction Process Information Document;

  • Membership Agreement means the agreement between the Foundation and each Member regarding each such Member’s rights and obligations as a Member.

  • Program Agreements means, collectively, this Agreement, the Guaranty, if any, the Custodial Agreement, the Pricing Side Letter, each Underlying Entity Agreement, if any, the Administration Agreement, the Electronic Tracking Agreement, if any, the Netting Agreement, the Custodial Account Control Agreement, each Holdback Account Control Agreement, if any, each Power of Attorney, each Servicing Agreement, if any, and each Servicer Notice, if any.

  • Mortgage Documents With respect to each Mortgage Loan, the mortgage documents required to be delivered to the Custodian pursuant to each Custodial Agreement.

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Special declarant rights means rights reserved for the benefit of a declarant to:

  • Trust Land ’ means an interest in land the title to which is held in trust by the United States for an Indian or Indian tribe, or by an Indian or Indian tribe subject to a re- striction by the United States against alien- ation;