TIMESHARE PROGRAM Sample Clauses

TIMESHARE PROGRAM. The program in which Purchasers have purchased Timeshare Interests; owners of Timeshare Interests have the right to use and enjoy their respective Timeshare Interests on a recurring basis; and owners of Timeshare Interests share the expenses associated with the operation and management of such program. TIMESHARE PROJECT. The part of the Resorts which Lender currently has approved, and may from time to time hereafter approve in writing, as being subject to a Timeshare Program.
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TIMESHARE PROGRAM. The program in which Purchasers may purchase Intervals; owners of Intervals have the right to use and enjoy their respective Intervals on a recurring basis; and owners of Intervals share the expenses associated with the operation and management of the Project and Intervals. Title Insurer. First American Title Insurance Company, its successors and assigns or such other title insurer as has been approved in writing by Lender. Title Insurance Policy. Has the meaning ascribed to such term in Schedule -------- 4.1 hereof. ---
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TIMESHARE PROGRAM. Without Lender's prior written consent, Borrower ----------------- shall not adopt, amend, modify or terminate any Timeshare Documentation or submit the Project or Resort Improvements to any Timeshare Program, except that if any amendment or modification is required by Applicable Law, Borrower shall implement the same and give prompt written notice thereof to Lender. Borrower shall (i) submit all Timeshare Documentation to Lender for its prior approval, (ii) ensure that all Timeshare Documentation complies with all Applicable Laws and (iii) prior to the marketing or sale of any Units or Intervals at the Project, comply with all rules, regulations and restrictions of state, local and federal Applicable Laws, including the laws of any jurisdiction in which Borrower markets or sells (or intends to market or sell) any Intervals or Units to any Purchaser.
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Related to TIMESHARE PROGRAM

  • The Program The Program in object code form and related Documentation provided to HP hereunder are deemed non-confidential, and HP is not under any obligation to SA to restrict access to or use of such Program in object code form or related Documentation, provided HP complies with the terms of this Agreement.

  • Program This agreement (the “Agreement”) sets forth the understandings between the Issuer and the Dealer, each named on the cover page hereof, in connection with the issuance and sale by the Issuer of its short-term promissory notes (the “Notes”) through the Dealer. Certain terms used in this Agreement are defined in Section 6 hereof. The Addendum to this Agreement, and any Annexes or Exhibits described in this Agreement or such Addendum, are hereby incorporated into this Agreement and made fully a part hereof.

  • Directed Share Program The Company will comply with all applicable securities and other laws, rules and regulations in each jurisdiction in which the Directed Shares are offered in connection with the Directed Share Program.

  • Servicing Programs No license or approval is required for the Administrative Agent’s use of any software or other computer program used by the Servicer, any Originator or any Sub-Servicer in the servicing of the Pool Receivables, other than those which have been obtained and are in full force and effect.

  • Program Management (WBS 1.1) All components of the Project Management Plan as implemented for the Base Contract and Options 1-4 will be reviewed and amended to reflect specific needs for Option 5 and the outcome of continuous process improvement evaluations.

  • Program Managers See Section 14.1.

  • New Portfolios The Trust hereby authorizes MID to participate in the distribution of Class B shares of the following new portfolios ("New Portfolios") on the terms and conditions contained in the Agreement: Cyclical Growth and Income ETF Portfolio Cyclical Growth ETF Portfolio

  • Receivables in Force No Receivable shall have been satisfied, subordinated or rescinded, nor shall any Financed Vehicle have been released in whole or in part from the lien granted by the related Receivable.

  • Servicing Agreements Seller will service the Mortgage Loans in accordance with Accepted Servicing Practices and will perform its obligations in all material respects in accordance with the Servicing Agreements and Applicable Law. In particular, Seller shall comply with any advancing obligation under the Servicing Agreements. Without the express written consent of Purchaser (which consent may be withheld in its absolute discretion), Seller shall not (a) cancel, terminate or amend any Mortgage Servicing Rights, (b) expressly provide any required consent to any termination, amendment or modification of any Servicing Agreements either verbally or in writing, (c) expressly provide any required consent to any termination, amendment or modification of any other servicing agreements or enter into any other agreement or arrangement with the applicable Owner that may be reasonably material to Purchaser either verbally or in writing, (d) expressly or verbally waive any material default under or breach of any Servicing Agreement by the applicable Owner that may be material to the Purchaser (in Purchaser’s reasonable determination) or (e) take any other action in connection with any such Servicing Agreement that would impair in any material respect the value of the interests or rights of the Purchaser hereunder. Seller shall conduct its business and perform its obligations under the Servicing Agreements in a manner such that the applicable Owner will not have cause to terminate any Servicing Agreement. Notwithstanding the foregoing, in no event will the prohibitions contained in this Section 8.11 apply to any amendments or modifications of the Servicing Agreements applicable to Current Mortgage Loans or Mortgage Loans owned by Seller which do not affect the Future Excess Servicing Spread with respect to such Current Mortgage Loans or Mortgage Loans and are not reasonably material to the Purchaser.

  • Special Programs In consideration of the sale of the Eligible Loans under these Master Sale Terms and each Sale Agreement, Purchaser agrees to cause the Servicer to offer borrowers of Trust Student Loans all special programs whether or not in existence as of the date of any Sale Agreement generally offered to the obligors of comparable loans owned by Xxxxxx Mae subject to the terms and conditions of Section 3.12 of the Servicing Agreement.

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