Control Period. Notwithstanding the provisions of Subsection 3.1 above, during the Control Period, the rights and obligations described in the following sections shall continue beyond the duration of the Agreement:
Control Period. “Pre-Control Period” shall have the meaning set forth in Section 5.1(a).
Control Period. (a) The Contract Period will commence on the date hereof and will continue until the earlier of the first anniversary of the date the Banks Home Page is launched or March 31, 1999 (the "Termination Date") and thereafter will be extended pursuant to Section 8(b) hereof.
Control Period. (i) The Initial Board Terms (as defined in the Timeshare Documents) for the Resorts located in Virginia are through (A) March 1, 2050 for Ocean Beach Club and Oceanaire, (B) January 1, 2050 for Boardwalk, (C) January 1, 2050 for Turtle Cay, and (D) January 1, 2025 for Beach Quarters and Sellers have done nothing to cause an earlier termination of such Initial Board Terms;
ii. For each of the Resorts located in Virginia, the Developer (as defined in the Timeshare Documents) (A) as of the date of this Agreement owns at least ten percent (10%) of the Timeshare Interests at the Resort or is the beneficiary on deeds of trust secured on at least twenty percent (20%) of the Timeshare Interests at the Resort, (B) has not affirmatively taken any action to relinquish or transfer Developer Control (as defined in the Timeshare Documents) at any of such Resorts, and (C) has not received written, or to the knowledge of the Sellers, oral notice from any Person claiming that the Developer is not entitled to Developer Control of any of such Resorts.
iii. For the Resort located in North Carolina, the Declarant (as defined in the Timeshare Documents) (A) has not conveyed seventy-five percent (75%) of the units to unit owners other than the Declarant, (B) has not failed to offer units for sale in the ordinary course of business for a period of two (2) years, and (C) has not failed to exercise a development right to add new units within two (2) years after the right last was exercised.
Control Period. Notwithstanding the provisions of Subsection 3.1 above, during the Control Period, the rights and obligations described in the following sections shall continue beyond the duration of the Agreement: Section 0 - Overpayment or non-entitlement Section 8 - Reporting, Monitoring, Xxxxx and Evaluation Section 10 - Indemnification and Limitation of Liability Section 12 - Representations Section 14 - Default and Remedies Section 15 - Project Assets and Intellectual Property Section 166 - General
Control Period. The Control Period under these Regulations shall be of three (3) financial years; the first application under these Regulations shall be made for the control period of three financial years from April 01, 2016 to March 31, 2019.
