Vacation Points definition

Vacation Points. As defined in the Club Trust Agreement.
Sample 1Sample 2Sample 3
Vacation Points the value placed upon a nightly or weekly occupancy of a timeshare unit pursuant to the terms of the Purchase Contract, which value may be set forth within the Demand Balancing Standard (as defined in the Vacation Club Trust Agreement).
Sample 1Sample 2Sample 3
Vacation Points the value placed upon a nightly or weekly occupancy of a timeshare unit pursuant to the terms of the Purchase Contract, which value may be set forth within the Demand Balancing Standard (as defined in the Vacation Club Trust Agreement).  Xxxx Financial: Xxxx Financial Company, a Pennsylvania corporation. 
Sample 1Sample 2Sample 3

Examples of Vacation Points in a sentence

  • The Member who has assigned all occupancy and use rights associated with the Member’s Ownership Interest and attributable to the Member's allotted Vacation Points used to reserve DVC Resort accommodations is not entitled to any rental or other compensation if reserved DVC Resort accommodations are rented or otherwise transferred for compensation by DVD.

  • DVD reserves the right to revise or adjust any or all Program requirements for Vacation Points at any time and without notice.

  • DVD shall have the right, in its discretion, to use the occupancy and use rights and the associated Vacation Points assigned to it, change or modify any reservations for DVC Resort accommodations, assign or transfer use of reserved DVC Resort accommodations to any person, or rent any reserved DVC Resort accommodations to any other person and retain the proceeds of such rental.

  • By making and accepting a confirmed reservation for any Accommodation, the Member irrevocably assigns to DVD all occupancy and use rights associated with the Member’s Ownership Interest and attributable to the Member's allotted Vacation Points used to reserve DVC Resort accommodations.

  • Exhibit 0 - Public Offering Statement Text• Paragraph 1b was updated to reflect the number of declared Vacation Points, 4,032,200.• Paragraph 4a was updated to reflect Copper Creek Villas & Cabins at Disney’s Wilderness Lodge since July 2017.

  • By making and receiving a confirmed reservation for PreOpening Accommodations, the Member irrevocably assigns to DVD all occupancy and use rights associated with the “Vacation Points” allotted to a Member’s Ownership Interest in the Disney Vacation Club® and with the DVC Resort accommodations reserved with such Vacation Points (“DVC Resort Accommodations”).

  • DVD shall have the right to use Vacation Points and any of the DVC Accommodations assigned to it, to assign or transfer use of reserved DVC Accommodations to any other person, or to rent reserved DVC Accommodations to any other person and retain the proceeds of such rental.

  • The Member who has assigned the Vacation Points and any reserved DVC Accommodations to DVD shall not be entitled to any rental or other compensation in the event reserved DVC Accommodations are rented or otherwise transferred for compensation by DVD.

  • Exhibit 0 - Public Offering Statement Text• Paragraph 1(b) was updated to reflect the total number of Home Resort Vacation Points currently declared at the Grand Floridian Villas is 4,300,232.• Paragraph 5(a) was updated to reflect the currently declared Ownership Interests at the Grand Floridian Villas:Resort Accommodations and Facilities.

  • If a Member and/or Guest wish(es) to reserve PreOpening Accommodations before or after the time period reserved through the Program and without assigning Vacation Points or reserved DVC Accommodations to DVD, a separate reservation(s) must be made and all charges and expenses, including the cost of the reserved PreOpening Accommodations and all resort, occupancy, and sales tax associated with such occupancy, shall be the responsibility of the Member and/or Guest(s) occupying the PreOpening Accommodations.


More Definitions of Vacation Points

Vacation Points shall have the meaning specified in the Club Trust Agreement. Schedule I With respect to each Warehouse Timeshare Loan, as of the related Closing Date or Transfer Date, as applicable:
Sample 1Sample 2
Vacation Points the value placed upon a nightly or weekly occupancy of a timeshare unit pursuant to the terms of the Purchase Contract, which value may be set forth within the Demand Balancing Standard (as defined in the Vacation Club Trust Agreement).  Xxxx Financial: Xxxx Financial Company, a Pennsylvania corporation.  6284.345.1224403.10 14 4/16/2018 WARN Act: Worker Adjustment and Retraining Notification Act or any state law analogue.  Warranties: all rights, titles and interests in and to all bonds, guarantees and warranties, if any, issued by any manufacturer or contractor in connection with construction or installation of equipment or any component of the Improvements included as part of the Transferred Property.
Sample 1Sample 2
Vacation Points means the value, expressed in "points," placed upon nightly or weekly occupancy of a Unit pursuant to the terms of an Owner Agreement, which are an appurtenance to Owner Beneficiary Rights and not separable from them; Vacation Points shall include biennial vacation points where such inclusion in the definition is appropriate.
Sample 1
Vacation Points as defined in Section 5.11 hereof.  Monthly Payment Date: the 20th day of each calendar month (or if such 20th day is not a Business Day, then on the first Business Day thereafter) continuing during the Term. The first Monthly Payment Date shall be October, 20, 2022.  Mortgage: the Mortgage, Assignment of Leases, Rents and Proceeds, Security Agreement, Fixture Filing executed and delivered by BVU to Administrative Agent, and recorded in the real property records of Bay County, Florida, as amended, supplemented, restated, replaced, or substituted from time to time, and which encumbers among other Collateral, the Land and the Improvements, and existing or to be developed buildings and other improvements relating to the Property, and which among other Loan Documents, secures the Loan.  New Resort Amenities Component: as defined in Section 8.6(a).  BN 72497947v7
Sample 1

Related to Vacation Points

  • Demarcation Point means the point where Qwest owned or controlled facilities cease, and CLEC, End User Customer, premises owner or landlord ownership or control of facilities begin. "Designed, Verified and Assigned Date" or "DVA" means the date on which implementation groups are to report that all documents and materials have been received and are complete.

  • Network Termination Point (NTP) means the physical point at which a subscriber is provided with access to a public communications network; in the case of networks involving switching or routing, the NTP is identified by means of a specific network address, which may be linked to a subscriber number or name;

  • Vacation means annual vacation with pay.

  • Destination Point means the delivery point(s) on Carrier’s System where Product is delivered to Shipper, as such points are specified in Section III of this tariff.

  • Customer channel termination point means the location where the customer either inputs or receives the communications.

  • Valuation Point means such time as shall be specified in the relevant Supplement for each Fund.

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Development Location Point means a single point selected by the Applicant on the proposed Development site that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development. For a Development which consists of Scattered Sites, this means a single point on the site with the most units that is located within 100 feet of a residential building existing or to be constructed as part of the proposed Development.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Service Switching Point (SSP) is a telephone central office switch equipped with a Signaling System 7 (SS7) interface.

  • Injection Point means the Electric Interconnection Point.

  • Service Switching Point (SSP means the telephone Central Office Switch equipped with a Signaling System 7 (SS7) interface.

  • Weeks Pay' means the ordinary time rate of pay for the employee concerned:

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Vacation rental means the lease, sublease, or other rental of residential property for a period of fewer than ninety days, except that it does not include rental of residential property on a weekly or monthly basis pursuant to Chapter 40 of this title, the South Carolina Residential Landlord and Tenant Act.

  • Normal weekly hours of work means the lesser of 40 hours or

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Self-service storage facility or "facility" means any real property designed or used for the purpose of renting or leasing individual storage space to tenants who are to have access to that space for the purpose of storing and removing personal property.

  • Week means seven consecutive days.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Planned Balance With respect to any group of Planned Principal Classes or Components in the aggregate and any Distribution Date appearing in Schedule V hereto, the Aggregate Planned Balance for such group and Distribution Date. With respect to any other Planned Principal Class or Component and any Distribution Date appearing in Schedule V hereto, the applicable amount appearing opposite such Distribution Date for such Class or Component.

  • Connection Point means an exit point or an entry point or a bidirectional point identified or to be identified as such in an access contract.