Intended Characterization; Grant of Security Interest. It is the intention of the parties hereto that the transfer of Timeshare Loans to be made pursuant to the terms hereof shall constitute a sale by the Seller or Bluegreen, as applicable, to the Depositor and 3
Appears in 4 contracts
Samples: Transfer Agreement (Bluegreen Vacations Holding Corp), Transfer Agreement (BBX Capital Corp), Transfer Agreement (BFC Financial Corp)
Intended Characterization; Grant of Security Interest. It is the intention of the parties hereto that the transfer of Timeshare Loans to be made pursuant to the terms hereof shall constitute a sale by the Seller or Bluegreen, as applicable, to the Depositor and 3not a loan secured by such
Appears in 2 contracts
Samples: Transfer Agreement (Bluegreen Corp), Transfer Agreement (Bluegreen Corp)