No Conveyance. The Club Trustee agrees not to convey any Resort Interest (as defined in the Club Trust Agreement) in the Club relating to a Timeshare Loan unless the Indenture Trustee shall have issued an instruction to the Club Trustee pursuant to Section 8.07(c) of the Club Trust Agreement in connection with its exercise of its rights as an Interest Holder Beneficiary (as defined in the Club Trust Agreement) under Section 7.02 of the Club Trust Agreement.
No Conveyance. To the best knowledge of the Mortgage Lender, the Mortgagor of a Mortgage Loan shall not have conveyed such mortgagor’s right, title to or interest in the property to any party.
No Conveyance. Silverleaf agrees not to convey and to ensure no party under its control conveys any interest in a Resort relating to a Timeshare Loan without obtaining Rating Agency Confirmation if such conveyance is reasonably likely to have a material adverse affect on the Securitization Noteholders.
No Conveyance. It agrees not to convey and to ensure no party under its control conveys any interest in a Resort relating to a Timeshare Loan without obtaining Rating Agency Confirmation if such conveyance is reasonably likely to have a material adverse affect on the Securitization Noteholders.
No Conveyance. Nothing in these Terms shall be construed to convey to You any interest, title, or license in a Claris ID, domain or subdomain name, or similar resource used by You in connection with the Service. As between You and Claris, Claris owns all intellectual property rights in and to any Claris ID, domain or subdomain name, or similar resource used by You in connection with the Service.
No Conveyance. This Agreement is intended to create contractual rights in favor of each Participant to receive payments from BNPPLC, but it is not intended to convey or assign to the Participants any interest in the Property or in the Operative Documents or in the payments to be made to BNPPLC thereunder. In no event will any Participant exercise or attempt to exercise any right or remedy of BNPPLC under the Operative Documents. Nothing in this Agreement will be construed to grant to the Participants any right to enforce LRC’s obligations under the Operative Documents, nor is in anything in this Agreement to be construed to allow any Participant to collect directly from LRC any payments due under the Operative Documents. Although BNPPLC’s obligations for payments to the Participants hereunder will be computed by reference to funds actually received as Distributable Payments, this Agreement will not be construed as an assignment of Distributable Payments themselves or any interest therein, it being understood that (without limiting or expanding the dollar amount of such obligations) BNPPLC may satisfy such obligations from other funds available to it, thereby reserving Distributable Payments for payment to other creditors or for other purposes, as BNPPLC determines in its sole discretion.
No Conveyance. The Seller agrees not to convey and to ensure no party under its control conveys any interest in a Resort relating to a Timeshare Loan without obtaining Rating Agency Confirmation if such conveyance is reasonably likely to have a material adverse affect on the Securitization Noteholders.
No Conveyance. Nothing in this Agreement shall be deemed or construed to transfer or convey to Manager any lien on or interest in the Gaming Site or Facility, or to transfer or convey to Manager any proprietary interest in the Enterprise.
No Conveyance. Nothing in this Agreement shall be construed to convey to you any interest, title, or license in an Apple ID, email address, domain name, iChat ID, or similar resource used by you in connection with the Service.
No Conveyance. Any Disposition contemplated in Section 13.1 which does not comply with the requirements of Section 13.1 shall not confer or convey any estate in the Tenant, the Stadium Component or any interest under this Lease on or to the assignee or transferee, and shall be absolutely void.