Owner Beneficiary Agreement definition

Owner Beneficiary Agreement means the purchase agreement entered into by each Obligor and the Developer with respect to the Club Loans.
Sample 1Sample 2Sample 3
Owner Beneficiary Agreement means the purchase agreement entered into by each obligor and the Developer with respect to the Club Loans.
Sample 1Sample 2Sample 3

Examples of Owner Beneficiary Agreement in a sentence

  • The Owner Beneficiary Agreement and membership in the Bluegreen Vacation Club was terminated on February 15, 2021.

  • The Purchaser under an Owner Beneficiary Agreement who acquires Owner Beneficiary Rights with appurtenant Vacation Points.

  • A Timeshare Interest compromised of a right to use and occupy a Unit for a certain period of time each year or every other year in perpetuity coupled with an undivided fee simple estate or an estate for years therein acquired pursuant to an Owner Beneficiary Agreement.

  • A timeshare estate comprised of a right to use and occupy a Unit for a certain period of time each year or every other year in perpetuity coupled with a fee estate or an estate for years acquired pursuant to an Owner Beneficiary Agreement, which the Purchaser thereof directs Bluegreen Vacations Unlimited, Inc.

  • The value placed upon a nightly or weekly occupancy of a Unit pursuant to the terms of an Owner Beneficiary Agreement, which value is set forth within the Demand Balancing Standard (as defined in the Trust Agreement).

Related to Owner Beneficiary Agreement

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Designation Agreement means a designation agreement entered into by a Lender (other than a Designated Bidder) and a Designated Bidder, and accepted by the Agent, in substantially the form of Exhibit D hereto.

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Participation Agreement means, with respect to each Indenture, the "Participation Agreement" referred to therein.

  • Election Agreement means an agreement in the form that the Company may designate from time to time that is consistent with the terms of the Plan.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Payment Agreement means a written agreement which provides

  • Termination Letter has the meaning specified in Section 2.17(b).

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Plan Agreement means a written agreement, as may be amended from time to time, which is entered into by and between an Employer and a Participant. Each Plan Agreement executed by a Participant and the Participant’s Employer shall provide for the entire benefit to which such Participant is entitled under the Plan; should there be more than one Plan Agreement, the Plan Agreement bearing the latest date of acceptance by the Employer shall supersede all previous Plan Agreements in their entirety and shall govern such entitlement. The terms of any Plan Agreement may be different for any Participant, and any Plan Agreement may provide additional benefits not set forth in the Plan or limit the benefits otherwise provided under the Plan; provided, however, that any such additional benefits or benefit limitations must be agreed to by both the Employer and the Participant.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Beneficiary Designation Form means the form established from time to time by the Plan Administrator that the Executive completes, signs and returns to the Plan Administrator to designate one or more Beneficiaries.

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the Internal Revenue Code.

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Rollover Agreement has the meaning set forth in the Recitals.