Aruba Club Loans definition

Aruba Club Loans means all timeshare loans originated by the Aruba Originator each secured by Co-op Shares.
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Aruba Club Loans means all timeshare loans originated by the Aruba Originator on or after January 26, 2004 each secured by Co-op Shares, which entitle the owner thereof to use and occupy a fixed Unit at La Cabana Resort.
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Aruba Club Loans means all timeshare loans originated by the Aruba Originator secured by Co-op Shares.
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Examples of Aruba Club Loans in a sentence

  • Within 30 days of the Closing Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Issuer and pledged to the Indenture Trustee, in trust, for the benefit of the Noteholders.

  • Within 30 days of each Transfer Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Note Issuer and pledged to the Collateral Agent for the benefit of the Noteholder.

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  • Within 30 days of the Closing Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Issuer and pledged 48 to the Indenture Trustee, in trust, for the benefit of the Noteholders.

  • Within 30 days of the Closing Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Issuer and pledged to the Indenture Trustee, in trust, for the benefit of the Noteholders.


More Definitions of Aruba Club Loans

Aruba Club Loans means all timeshare loans originated by the Aruba Originator on or after January 26, 2004 each secured by Co-op Shares.
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Related to Aruba Club Loans

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Extended Loans shall have the meaning assigned to such term in Section 2.21(a).

  • New Revolving Loans as defined in Section 2.25.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Loan or Loans means, as the context may require, Revolving Loans and/or Swing Line Loans.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.