Maintenance of Larger Tract. To the extent either the Time-Share Project is part of a larger common ownership regime or planned development or parts of buildings in which Units are located are not part of the Time-Share Project, Borrower will not permit common expenses to be allocated to the Time-Share Project in an unreasonably disproportionate manner.
Appears in 3 contracts
Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Cr Resorts Capital S De R L De C V)
Maintenance of Larger Tract. To the extent either the Time-Share Project is part of a larger common ownership regime or planned development or parts of buildings in which Units are located are not part of the Time-Share Project, Borrower will not permit pay its commercially reasonable share of common expenses to be allocated to the Time-Share Project. Borrower will use commercially reasonable efforts to cause all such property which is not part of the Time-Share Project to be professionally managed in an unreasonably disproportionate a first class manner.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Cr Resorts Capital S De R L De C V)
Maintenance of Larger Tract. To the extent either the a particular Time-Share Project is part of a larger common ownership regime or planned development or parts of buildings in which Units are located are not part of the Time-Share Project, Borrower will not permit cause to be paid a commercially reasonable share of common expenses to be allocated to the such Time-Share Project. Borrower will use commercially reasonable efforts to cause all such property which is not part of a Time-Share Project to be professionally managed in an unreasonably disproportionate a first class manner.
Appears in 1 contract
Samples: Loan Agreement (Raintree Resorts International Inc)
Maintenance of Larger Tract. To the extent either the a Time-Share Project is part of a larger common ownership regime or planned development or parts of buildings in which Units are located are not part of the a Time-Share Project, Borrower will cause its Affiliates not to permit common expenses to be allocated to the a Time-Share Project in an unreasonably disproportionate manner.
Appears in 1 contract
Samples: Loan Agreement (Raintree Resorts International Inc)
Maintenance of Larger Tract. To the extent either the Time-Share --------------------------- Project is part of a larger common ownership regime or planned development or parts of buildings in which Units are located are not part of the Time-Time- Share Project, Borrower will not permit pay its share of such common expenses to be as has been allocated to the Inventory. Borrower will use commercially reasonable efforts to cause all such property which is not part of the Time-Share Project to be professionally managed in an unreasonably disproportionate a first class manner.
Appears in 1 contract
Maintenance of Larger Tract. To the extent either the Time-Share --------------------------- Project is part of a larger common ownership regime or planned development or parts of buildings in which Units are located are not part of the Time-Time- Share Project, for the period during which Borrower is in control of the larger common ownership regime or planned development, Borrower will not permit common expenses to be allocated to the Time-Share Project in an unreasonably disproportionate manner.
Appears in 1 contract
Maintenance of Larger Tract. To the extent either the a Time-Share Project is part of a larger common ownership regime or planned development or parts of buildings in which Units are located are not part of the a Time-Share Project, Borrower will pay its commercially reasonable share of common expenses to be allocated to the applicable Time-Share Project. Borrower will use commercially reasonable efforts to cause all such property which is not part of a Time-Share Project to be professionally managed in a first class manner. Borrower will not permit common expenses to be allocated to the a Time-Share Project in an unreasonably disproportionate manner.
Appears in 1 contract
