Green Timeshare Property definition

Green Timeshare Property means a Timeshare Property for which construction on the related Resort has not yet begun or is subject to completion.
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Green Timeshare Property means a Timeshare Property the acquisition of which was financed with a Green Loan.
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Green Timeshare Property means a Timeshare Property for which construction on the related Resort has not yet begun or is subject to completion. “Indenture” shall mean this Agreement.
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Examples of Green Timeshare Property in a sentence

  • The Timeshare Property underlying such Loan is an interest in real property consisting of either a Fixed Week or a UDI, and (except for a Timeshare Property that is a Green Timeshare Property) such Timeshare Property has been deeded to a Nominee or has been deeded to the related Obligor in accordance with the requirements of the related Loan and applicable law.

  • Each Timeshare Property that is either a Fixed Week or a UDI constitutes a fee simple interest in real property, and (except for a Timeshare Property that is a Green Timeshare Property) such Timeshare Property has been deeded to the related Obligor in accordance with the requirements of the related Loan and applicable law.

  • The Timeshare Property underlying such Loan is an interest in real property consisting of either a Fixed Week or a UDI, and (except for a Timeshare Property that is a Green Timeshare Property) such Timeshare Property has been deeded to the Nominee pursuant to the terms of one of the Title Clearing Agreements or has been deeded to the related Obligor in accordance with the requirements of the related Loan and applicable law.


More Definitions of Green Timeshare Property

Green Timeshare Property means a Timeshare Property for which construction on the related Resort has not yet begun or is subject to completion. “Independent Director” shall have the meaning assigned to the term in subsection 6.1(m).
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Related to Green Timeshare Property

  • Timeshare Property means one or more accommodations subject to the same timeshare instrument, together with any other property or rights to property appurtenant to those accommodations.

  • Timeshare or "timeshare property" means real property

  • Foreclosure Property shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Real Estate-Related Assets means any investments by the Company or the Operating Partnership in Mortgages and Real Estate-Related Securities.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Conveyed Property means the Initial Conveyed Property and the Subsequent Conveyed Property.

  • Securitization Property means the property described in section 10j.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Real Estate-Related Securities shall have the meaning set forth in the Charter.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.