LOAN SALE AND SERVICING AGREEMENT by and among BRFC-Q 2010 LLC, a Delaware limited liability company, as Seller, QUORUM FEDERAL CREDIT UNION, a federally chartered credit union, as Buyer, VACATION TRUST, INC., a Florida corporation, as Club Trustee,...Loan Sale and Servicing Agreement • December 29th, 2010 • Bluegreen Corp • Real estate agents & managers (for others) • New York
This LOAN SALE AND SERVICING AGREEMENT (this “Agreement”), dated as of December 22, 2010 (the “Closing Date”), is by and among BRFC-Q 2010 LLC, a Delaware limited liability company, as seller (the “Seller”), QUORUM FEDERAL CREDIT UNION, a federally chartered credit union, as buyer (the “Buyer”), BLUEGREEN CORPORATION (“Bluegreen”), a Massachusetts corporation, in its capacity as servicer (the “Servicer”), VACATION TRUST, INC., a Florida corporation, as trustee under the Club Trust Agreement (the “Club Trustee”), CONCORD SERVICING CORPORATION, an Arizona corporation, as backup servicer (the “Backup Servicer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as custodian and paying agent (the “Custodian” and the “Paying Agent”).
PURCHASE AND CONTRIBUTION AGREEMENTPurchase and Contribution Agreement • December 29th, 2010 • Bluegreen Corp • Real estate agents & managers (for others) • New York
In accordance with Section 6(c) of that certain Purchase and Contribution Agreement (the “Purchase Agreement”), dated as of December 22, 2010, by and between Bluegreen Corporation and BRFC-Q 2010 LLC, the undersigned hereby irrevocably waives its option to repurchase and/or substitute any Defaulted Timeshare Loan listed on Exhibit A attached hereto.
LOAN SALE AND SERVICING AGREEMENT by and among BBCV RECEIVABLES-Q 2010 LLC, a Delaware limited liability company, as Seller, QUORUM FEDERAL CREDIT UNION, a federally chartered credit union, as Buyer, VACATION TRUST, INC., a Florida corporation, as...Loan Sale and Servicing Agreement • December 29th, 2010 • Bluegreen Corp • Real estate agents & managers (for others) • New York
This LOAN SALE AND SERVICING AGREEMENT (this “Agreement”), dated as of December 22, 2010 (the “Closing Date”), is by and among BBCV RECEIVABLES-Q 2010 LLC, a Delaware limited liability company, as seller (the “Seller”), QUORUM FEDERAL CREDIT UNION, a federally chartered credit union, as buyer (the “Buyer”), BLUEGREEN CORPORATION (“Bluegreen”), a Massachusetts corporation, in its capacity as servicer (the “Servicer”), VACATION TRUST, INC., a Florida corporation, as trustee under the Club Trust Agreement (the “Club Trustee”), CONCORD SERVICING CORPORATION, an Arizona corporation, as backup servicer (the “Backup Servicer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as custodian and paying agent (the “Custodian” and the “Paying Agent”).
PURCHASE AND CONTRIBUTION AGREEMENTPurchase and Contribution Agreement • December 29th, 2010 • Bluegreen Corp • Real estate agents & managers (for others) • New York
In accordance with Section 6(c) of that certain Purchase and Contribution Agreement (the “Purchase Agreement”), dated as of December 22, 2010, by and between Bluegreen/Big Cedar Vacations, LLC and BBCV Receivables-Q 2010 LLC, the undersigned hereby irrevocably waives its option to repurchase and/or substitute any Defaulted Timeshare Loan listed on Exhibit A attached hereto.
