Common use of Owner Beneficiary Rights Clause in Contracts

Owner Beneficiary Rights. the beneficial rights provided to a Purchaser under the Vacation Club Trust Agreement, which rights shall specifically include the rights of performance provided to Owner Beneficiaries by the Vacation Club Trustee under the Vacation Club Trust Agreement and related documents, which Owner Beneficiary Rights shall specifically include as an appurtenance thereto Vacation Points.

Appears in 4 contracts

Samples: Loan Agreement (BFC Financial Corp), Loan and Security Agreement (BFC Financial Corp), Loan and Security Agreement (BBX Capital Corp)

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Owner Beneficiary Rights. the beneficial rights provided to a Purchaser under the Vacation Club Trust Agreement, which rights shall specifically include the rights of performance provided to Owner Beneficiaries by the Vacation Club Trustee under the Vacation Club Trust Agreement and related documents, which Owner Beneficiary Rights shall specifically include as an appurtenance thereto Vacation Points..  Participant: has the meaning specified in Section 10.9(d). 

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Vacations Holding Corp)

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Owner Beneficiary Rights. the beneficial rights provided to a Purchaser under the Vacation Club Trust Agreement, which rights shall specifically include the rights of performance provided to Owner Beneficiaries by the Vacation Club Trustee under the Vacation Club Trust Agreement and related documents, which Owner Beneficiary Rights shall specifically include as an appurtenance thereto Vacation Points. Participant(s): as defined in Section 9.8 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

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