Common use of Interval Clause in Contracts

Interval. With respect to each Resort the undivided fractional fee interval ownership interest as a tenant-in-common ((sometime referred to in the Timeshare Documents as a condoshare interest or condoshare week) in a Unit to be sold to a Purchaser by delivery of a deed for a time-share period per calendar year (or, in the case of a biennial use period, per alternate calendar year) of one week (as defined in the Declaration), together with all appurtenant rights and interests, including, without limitation, appurtenant rights in and to Common Elements, and easement, license, access and use rights in and to all Resort facilities and amenities (as described in the Declaration), all as more particularly described in the Declaration or other Timeshare Documents. Notwithstanding the foregoing, the term "Interval" shall also include, with respect to the Oak `N Spruce Resort only, the beneficial interest in the entity which owns each of the Units at the Oak `N Spruce Resort, as evidenced by the delivery to the Purchaser of any such beneficial interest of a certificate of beneficial interest for a timeshare period per calendar year (or, in the case of biennial use period, per alternate calendar year) of one week (as defined in the Oak N' Spruce Resort Declaration), together with all pertinent rights and interests, including, without limitation, a pertinent right in and to Common Elements, and easements, license, access and use rights in and to all Oak `N Spruce Resort facilities and amenities, all as more particularly described in the Declaration or other Timeshare Documents for the Oak `N Spruce Resort.

Interval. With respect to each Resort the undivided fractional fee interval ownership interest as a tenant-in-common ((sometime referred to in the Timeshare Documents as a condoshare interest Condoshare Interest or condoshare weekCondoshare Week) in a Unit to be sold to a Purchaser by delivery of a deed for a time-share period per calendar year (or, in the case of a biennial use period, per alternate calendar year) of one week (as defined in the Declaration), together with all appurtenant rights and interests, including, without limitation, appurtenant rights in and to Common Elements, and easement, license, access and use rights in and to all Resort facilities and amenities (as described in the Declaration), all as more particularly described in the Declaration or other Timeshare Documents. Notwithstanding the foregoing, the term "Interval" shall also include, with respect to the Oak `N Spruce Resort only, the beneficial interest in the entity which owns each of the Units at the Oak `N Spruce Resort, as evidenced by the delivery to the Purchaser of any such beneficial interest of a certificate of beneficial interest for a timeshare period per calendar year (or, in the case of biennial use period, per alternate calendar year) of one week (as defined in the Oak N' Spruce Resort Declaration), together with all pertinent rights and interests, including, without limitation, a pertinent right in and to Common Elements, and easements, license, access and use rights in and to all Oak `N Spruce Resort facilities and amenities, all as more particularly described in the Declaration or other Timeshare Documents for the Oak `N Spruce Resort."

Interval. With respect to each Resort the undivided fractional fee interval ownership interest as a tenant-in-common ((sometime referred to in the Timeshare Documents as a condoshare interest or condoshare week) in a Unit to be sold to a Purchaser by delivery of a deed for a time-share period per calendar year (or, in the case of a biennial use period, per alternate calendar year) of one week (as defined in the Declaration), together with all appurtenant rights and interests, including, without limitation, appurtenant rights in and to Common Elements, and easement, license, access and use rights in and to all Resort facilities and amenities (as described in the Declaration), all as more particularly described in the Declaration or other Timeshare Documents. Notwithstanding the foregoing, the term "Interval" shall also include, with respect to the Oak `N Spruce Resort only, the beneficial interest in the entity which owns each of the Units at the Oak `N Spruce Resort, as evidenced by the delivery to the Purchaser of any such beneficial interest of a certificate of beneficial interest for a timeshare period per calendar year (or, in the case of biennial use period, per alternate calendar year) of one week (as defined in the Oak N' Spruce Resort Declaration), together with all pertinent rights and interests, including, without limitation, a pertinent right in and to Common Elements, and easements, license, access and use rights in and to all Oak `N Spruce Resort facilities and amenities, all as more particularly described in the Declaration or other Timeshare Documents for the Oak `N Spruce Resort.