Common use of St. Maarten Notice Clause in Contracts

St. Maarten Notice. Within 45 days of the Closing Date (with respect to the initial Timeshare Loans) or any Substitution Date (with respect to a Qualified Substitute Timeshare Loan), as the case may be, the Servicer shall give notice to each Obligor under a Timeshare Loan with respect to any Resort in the territory of St. Maarten that such Timeshare Loan has been transferred and assigned to the Indenture Trustee, in trust, for the benefit of the Noteholders. Such notice may include any notice or notices that the Issuer’s predecessors in title to the Timeshare Loan may give to the same Obligor with respect to any transfers and assignments of the Timeshare Loan by such predecessors. Such notice shall be in the form attached hereto as Exhibit N, as the same may be amended, revised or substituted by the Indenture Trustee and the Servicer from time to time.

Appears in 4 contracts

Samples: Indenture (Diamond Resorts Parent, LLC), Indenture (Diamond Resorts Corp), Indenture (Diamond Resorts Parent, LLC)

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St. Maarten Notice. Within 45 days of the Closing any Funding Date (with respect to the initial Timeshare Loans) or any Substitution Transfer Date (with respect to a Qualified Substitute Timeshare Loan), as the case may be, the Servicer shall give notice to each Obligor under a Timeshare Loan with respect to any Resort in the territory of St. Maarten that such Timeshare Loan has been transferred and assigned to the Indenture Trustee, in trust, for the benefit of the Noteholders. Such notice may include any notice or notices that the Issuer’s predecessors in title to the Timeshare Loan may give to the same Obligor with respect to any transfers and assignments of the Timeshare Loan by such predecessors. Such notice shall be in the form attached hereto as Exhibit NG, as the same may be amended, revised or substituted by the Indenture Trustee and the Servicer from time to time.

Appears in 4 contracts

Samples: Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts Corp)

St. Maarten Notice. Within 45 days of the Closing any Funding Date (with respect to the initial Timeshare Loans) or any Substitution Transfer Date (with respect to a Qualified Substitute Timeshare Loan), as the case may be, the Servicer shall give notice to each Obligor under a Timeshare Loan with respect to any Resort in the territory of St. Maarten that such Timeshare Diamond - Collateral and Servicing Agreement #39303843 Loan has been transferred and assigned to the Indenture TrusteeCollateral Agent, in trust, for the benefit of the NoteholdersLenders. Such notice may include any notice or notices that the IssuerBorrower’s predecessors in title to the Timeshare Loan may give to the same Obligor with respect to any transfers and assignments of the Timeshare Loan by such predecessors. Such notice shall be in the form attached hereto as Exhibit NG, as the same may be amended, revised or substituted by the Indenture Trustee Collateral Agent and the Servicer from time to time.

Appears in 1 contract

Samples: Collateral and Servicing Agreement (Diamond Resorts International, Inc.)

St. Maarten Notice. Within 45 days of the Closing Date (with respect to the initial Timeshare Loans) or any Substitution Transfer Date (with respect to a Qualified Substitute Timeshare Loan), as the case may be, the Servicer shall give notice to each Obligor under a Timeshare Loan with respect related to any Resort in the territory of St. Maarten that such Timeshare Loan has been transferred and assigned to the Indenture Trustee, in trust, for the benefit of the Noteholders. Such notice may include any notice or notices that the Issuer’s predecessors in title to the Timeshare Loan may give to the same Obligor with respect to any transfers and assignments of the Timeshare Loan by such predecessors. Such notice shall be in the form attached hereto as Exhibit N, as the same may be amended, revised or substituted by the Indenture Trustee and the Servicer from time to time.

Appears in 1 contract

Samples: Indenture (Diamond Resorts International, Inc.)

St. Maarten Notice. Within 45 days of the Closing Date (with respect to the initial Timeshare Loans) or any Substitution Transfer Date (with respect to a Qualified Substitute Timeshare Loan or Subsequent Timeshare Loan), as the case may be, the Servicer shall give notice to each Obligor under a Timeshare Loan with respect to any Resort in the territory of St. Maarten that such Timeshare Loan has been transferred and assigned to the Indenture Trustee, in trust, for the benefit of the Noteholders. Such notice may include any notice or notices that the Issuer’s predecessors in title to the Timeshare Loan may give to the same Obligor with respect to any transfers and assignments of the Timeshare Loan by such predecessors. Such notice shall be in the form attached hereto as Exhibit N, as the same may be amended, revised or substituted by the Indenture Trustee and the Servicer from time to time.

Appears in 1 contract

Samples: Indenture (Diamond Resorts International, Inc.)

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St. Maarten Notice. Within 45 days of the Closing Date (with respect to the initial Timeshare Loans) or any Substitution Transfer Date (with respect to a Qualified Substitute Timeshare Loan or Subsequent Timeshare Loan), as the case may be, the Servicer shall give notice to each Obligor under a Timeshare Loan with respect related to any Resort in the territory of St. Maarten that such Timeshare Loan has been transferred and assigned to the Indenture Trustee, in trust, for the benefit of the Noteholders. Such notice may include any notice or notices that the Issuer’s predecessors in title to the Timeshare Loan may give to the same Obligor with respect to any transfers and assignments of the Timeshare Loan by such predecessors. Such notice shall be in the form attached hereto as Exhibit N, as the same may be amended, revised or substituted by the Indenture Trustee and the Servicer from time to time.

Appears in 1 contract

Samples: Indenture (Diamond Resorts International, Inc.)

St. Maarten Notice. Within 45 days of the Closing Date (with respect to the initial Initial Timeshare Loans) or any Substitution Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan), as the case may be, the Servicer shall give notice to each Obligor under a Timeshare Loan with respect to any Resort in the territory country of St. Maarten that such Timeshare Loan has been transferred and assigned to the Indenture Trustee, in trust, for the benefit of the Noteholders. Such notice may include any notice or notices that the Issuer’s predecessors in title to the Timeshare Loan may give to the same Obligor with respect to any transfers and assignments of the Timeshare Loan by such predecessors. Such notice shall be in the form attached hereto as Exhibit NL, as the same may be amended, revised or substituted by the Indenture Trustee and the Servicer from time to time.

Appears in 1 contract

Samples: Indenture (Sunterra Corp)

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