Time-Share Association Budgets Sample Clauses

Time-Share Association Budgets. Borrower will submit to Lender (if the same had been requested by Lender in writing) within ten (10) days after each is available, proposed annual maintenance and operating budgets of the Time-Share Association, certified to be adequate by the Time-Share Manager (or if there is not a Time-Share Manager, by an authorized officer of the Time-Share Association) and a statement of the annual assessment to be levied upon the owners of Time-Share Interests; and will use reasonable good faith efforts to cause to be made available to Lender for inspection, auditing and copying, upon Lender's request, the books and records of the Time-Share Association.
Sample 1See All (4)
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Time-Share Association Budgets. Borrower will submit to Lender, (i) with respect to the budget for the Time-Share Association's 1996 fiscal year, by September 30, 1995, and (ii) with respect to budgets for subsequent years annually within ten (10) days after each is available, proposed annual maintenance and operating budgets of the Time-Share Association, certified to be adequate by the Time-Share Manager (or if there is not a Time-Share Manager, by an authorized officer of the Association) and a statement of the annual assessment to be levied upon the owners of Time-Share Interests: and will use its best efforts to cause to be made available to Lender for inspection, auditing and copying, upon Lender's request, the books and records of the Time-Share Association.
Sample 1
Time-Share Association Budgets. Borrower will deliver to Lender, ------------------------------ a pro-forma maintenance and operating budget for the Time-Share Association's first twelve-month period of operation not later than the date identified in the SCHEDULE as the Time-Share Association Budget Delivery Date, and thereafter will use commercially reasonable efforts to deliver to Lender within ten (10) days after each is available annual maintenance and operating budgets of the Time-Share Association, certified to be adequate by the Time-Share Manager (or if there is not a Time- Share Manager, by an authorized officer of the Time-Share Association) and a statement of the annual assessment to be levied upon the owners of Time-Share Interests; and will use commercially reasonable efforts to cause to be made available to Lender for inspection, auditing and copying, upon Lender's request, the books and records of the Time-Share Association.
Sample 1
Time-Share Association Budgets. Within thirty (30) days after the end of each fiscal year, Borrower will submit to Lender proposed annual maintenance and operating budgets of each Time-Share Project, certified to be adequate by the Borrower, and a statement of the annual assessment to be levied upon the owners of Time-Share Interests.
Sample 1

Related to Time-Share Association Budgets

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