Timeshare Loan Documents Clause Samples
The Timeshare Loan Documents clause defines the set of legal agreements and paperwork required when financing the purchase of a timeshare property. This typically includes the promissory note, security agreement, and any disclosures or authorizations necessary for the lender to process and secure the loan. By clearly identifying and governing these documents, the clause ensures that both the lender and borrower understand their obligations and rights, thereby reducing the risk of disputes and ensuring compliance with applicable lending laws.
Timeshare Loan Documents. It represents and warrants that all of the documents evidencing each of the Timeshare Loans are identical in all material respects to the form determined to be valid, binding and enforceable in the applicable state by the corresponding local counsel opinion issued by (I) W▇▇▇▇▇▇▇▇ & S▇▇▇▇, P.C., dated December 27, 2010, pertaining to Georgia law matters, (II) B▇▇▇▇▇▇, R▇▇▇▇▇▇▇▇▇ and G▇▇▇▇▇▇, LLP, dated December 27, 2010, pertaining to Massachusetts law matters, (III) S▇▇▇▇▇▇ M▇▇▇▇▇▇▇ H▇▇▇▇▇ LLP, dated December 27, 2010, pertaining to Missouri law matters, (IV) M▇▇▇▇ ▇▇▇▇▇ LLP, dated December 27, 2010, pertaining to Illinois law matters, (V) Meadows, Collier, Reed, Cousins, C▇▇▇▇▇ & U▇▇▇▇▇▇▇, L.L.P., dated December 27, 2010, pertaining to Texas law matters, and (VI) Holland and Knight LLP, dated December 27, 2010, pertaining to Florida law matters (collectively, the “Local Counsel Opinions”).
Timeshare Loan Documents. It represents and warrants that all of the documents evidencing each of the Timeshare Loans are identical in all material respects to the form determined to be valid, binding and enforceable in the applicable state by the corresponding local counsel opinion issued by (I) ▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, P.C., dated as of June 8, 2010 , pertaining to Georgia law matters, (II) ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇, LLP, dated as of June 8, 2010, pertaining to Massachusetts law matters, (III) ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP, dated as of June 8, 2010, pertaining to Missouri law matters, (IV) ▇▇▇▇▇ ▇▇▇▇▇ LLP, dated as June 8, 2010, pertaining to Illinois law matters, (V) Meadows, Collier, Reed, Cousins, ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ L.L.P., dated as June 8, 2010, pertaining to Texas law matters, and (VI) Holland and Knight LLP, dated as of June 8, 2010, pertaining to Florida law matters (collectively, the “Local Counsel Opinions”).
Timeshare Loan Documents. The Servicer represents and warrants that all of the documents evidencing each of the Timeshare Loans are identical in all material respects to the form determined to be valid, binding and enforceable in the applicable state by the corresponding local counsel opinion issued by (I) ▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, P.C., dated as of June 6, 2008, pertaining to Georgia law matters, (II) ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇, LLP, dated as of June 6, 2008, pertaining to Massachusetts law matters, (III) ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP, dated as of June 6, 2008, pertaining to Missouri law matters, (IV) ▇▇▇▇▇ ▇▇▇▇▇ LLP, dated as of June 6, 2008, pertaining to Illinois law matters, (V) ▇▇▇▇▇▇▇, Collier, Reed, Cousins & Blau, L.L.P., dated as of June 6, 2008, pertaining to Texas law matters, and (VI) Holland and Knight LLP, dated as of June 6, 2008, pertaining to Florida law matters (collectively, the “Local Counsel Opinions”).
Timeshare Loan Documents. Originator represents and warrants that all of the documents evidencing each of the Timeshare Loans are in a form determined to be valid, binding and enforceable in the applicable state by the corresponding local counsel opinion issued by (I) W▇▇▇▇▇▇▇▇ & S▇▇▇▇, P.C. dated as of July 26, 2005 pertaining to Georgia law matters, (II) B▇▇▇▇▇▇, R▇▇▇▇▇▇▇▇▇ and G▇▇▇▇▇▇, LLP dated as of July 26, 2005 pertaining to Massachusetts law matters, (III) S▇▇▇▇▇▇ M▇▇▇▇▇▇▇ H▇▇▇▇▇ LLP dated as of July 26, 2005 pertaining to Missouri law matters, (IV) Mayer, Brown, R▇▇▇ & Maw LLP dated as of July 26, 2005 pertaining to Illinois law matters and (V) Meadows, Owens, Collier, Reed, Cousins & Blau, L.L.P. dated as of July 26, 2005 pertaining to Texas law matters (collectively, the “Local Counsel Opinions”).