Examples of Other Redemption Opportunity in a sentence
There is no assurance to any Member that there will be an Accommodation available for the Use Period desired by such Member or, alternatively, sufficient quantities or availability of any particular Other Redemption Opportunity desired by such Member.
As there may be limited availability and/or quantities of the various Other Redemption Opportunities, all requests for Other Redemption Opportunities will likewise be filled on a first come, first served basis, subject to all rules and conditions applicable to each Other Redemption Opportunity as set forth in the Points Directory or any other materials which The Club Operating Company distributes relating to such Other Redemption Opportunity.
The Use Periods in Accommodations available to Members from the Exchange Pool and the Other Redemption Opportunities available through The Club shall also be graded periodically by The Club Operating Company to quantify the Points which a Member must expend to reserve an Accommodation or to obtain an Other Redemption Opportunity.
In order to balance demand for Accommodations and Other Redemption Opportunities available through the Points System, the Points required to reserve a particular Accommodation or Other Redemption Opportunity may be temporarily discounted or increased.
From time to time, however, The Club Operating Company may, having examined the best available evidence and having exercised its reasonable business judgment in good faith, consider that permanent adjustments to the grading of a Club Resort, of a particular Accommodations, of a specific Use Period or Periods or of a particular Other Redemption Opportunity, need to be made in order to preserve the generalintegrity of the system.
No Member can make a reservation for an Accommodation or obtain an Other Redemption Opportunity, unless such Member has paid the applicable Club Dues for the Use Year and is otherwise in good standing.
In grading Other Redemption Opportunities, The Club Operating Company shall, in its sole discretion, assign the number of Points required to reserve each such Other Redemption Opportunity taking into account the economics and circumstances of providing such Other Redemption Opportunity to the Members and such other factors as The Club Operating Company may from time to time deem appropriate.
Reservations may only be confirmed if the requesting Member has sufficient Points available for use in the Use Year in which the use and occupancy of the requested Accommodation or the requested Other Redemption Opportunity requested will occur.
The developer and the Association of an Affiliated Resort, of an Affiliated Collection and of an Other Redemption Opportunity are also eligible to become a Member as provided below in this Section with respect to such developer’s or the Association’s unsold inventory of Qualifying Interests.
Except as these Club Rules, the Articles or the terms and conditions governing Other Redemption Opportunities may otherwise specifically provide, the use and occupancy of Accommodations or the obtaining of an Other Redemption Opportunity that a Member reserves with his or her periodic allocation of Points must occur during the same Use Year as the Use Year for which those Points were allocated.