Right-to-Use Agreement definition

Right-to-Use Agreement means with respect to a Right-to-Use Loan, collectively (A) the various instruments, including a Resort’s articles of association, a Resort’s timeshare plan, a Resort’s disclosure statement used in selling Units, any share purchase agreement with an Obligor associated with such Right-to-Use Loan, that among other things: (i) in consideration of the payment of a purchase price, including payment of the related Obligor Note, grants and conveys to the Obligor shares in the related Resort Association, which in turn grants the Obligor the license or right-to-use and occupy a Timeshare Property in a Resort, (ii) imposes certain obligations on the Obligor regarding payment of the related Obligor Note, the Obligor’s use or occupancy of the Timeshare Property and the payment of a maintenance fee to the management company, and (iii) grants the holder thereof certain rights, including the rights to payment of the related Obligor Note, and, in the circumstances provided therein, to terminate the Right-to-Use Agreement or revoke the Obligor’s rights under it, to reacquire any shares of the Resort’s association, and thereafter to resell the license or right-to-use and occupy the related Timeshare Property to another Person, (B) the related Vacation Interest, and (C) the related Purchase Contract.
Right-to-Use Agreement means with respect to a Right-to-Use Interest, collectively: (i) the related Purchase Contract and (ii) the various other documents and instruments that among other things (a) in consideration of the payment of a purchase price, including payment of the related Obligor Note, if any, grants the Obligor the license or right-to-use and occupy one or more Units in one or more Resorts, (b) imposes certain obligations on the Obligor regarding payment of the related Obligor Note, if any, the Obligor’s use or occupancy of one or more Units in one or more Resorts, and the payment of a maintenance fee, and (c) grants the holder thereof certain rights, including the rights to payment of the related Obligor Note, if any, and to terminate the Right-to-Use Agreement or revoke the Obligor’s rights under it, and thereafter to resell the Right-to-Use Interest to another Person.
Right-to-Use Agreement means, with respect to a Right-to-Use Loan, collectively (A) the various instruments, including one or more Resort’s articles of association, each such Resort’s timeshare plan, each such Resort’s disclosure statement used in selling Units, any share purchase agreement with an Obligor associated with such Right-to-Use Loan, that among other things: (i) in consideration of the payment of a purchase price, including payment of the related Obligor Note, grants and conveys to the Obligor shares in the related Resort Association(s), which in turn grants the Obligor the license or right-to-use and occupy one or more Units in such Resort(s), (ii) imposes certain obligations on the Obligor regarding payment of the related Obligor Note, the Obligor’s use or occupancy of one or more Units and the payment of a maintenance fee to the management company, and (iii) grants the holder thereof certain rights, including the rights to payment of the related Obligor Note, and, in the circumstances provided therein, to foreclose on the related Right-to-Use Interest, to reacquire any shares of such Resort’s association, and thereafter to resell the Right-to-Use Interest to another Person, (B) the related Vacation Interest, and (C) the related Purchase Contract.

Examples of Right-to-Use Agreement in a sentence

  • This Indefeasible Right-to-Use Agreement between the Owner and User, which identifies the specific optical fiber strands and facilities to be provided to User by Owner, and which set forth the terms and conditions for User's use of such optical fiber strands and facilities.

  • Our justification is that it is almost impossible for a Canadian auditing firm to conduct the audit under the various authorities’ controls and limitations in China as explained above.Since December 2021 when the Board was aware of the fact that our ex-China Director had represented RFG to make the Deposit payment to HDB, RFG has been in close communication with HDB in exploring the way to utilise the Deposit through a 3-Year “Solution As A Service'' (the “SaaS”) Cloud-based System Right-to-Use Agreement.


More Definitions of Right-to-Use Agreement

Right-to-Use Agreement means a right to use agreement to be entered into by MSC and the Grantor pursuant to which MSC shall be entitled to use and occupy the Casino.
Right-to-Use Agreement means the Right to Use Agreement between Berlin and Burgess, dated as of September 2, 2011.
Right-to-Use Agreement means with respect to a Timeshare Loan not secured by a Mortgage, the security agreement securing such Timeshare Loan.
Right-to-Use Agreement means, with respect to a Right-to-Use Loan, collectively (A) the various instruments, including one or more Resort’s articles of association, each such Resort’s timeshare plan, each such Resort’s disclosure statement used in selling Units, any share purchase agreement with an Obligor associated with such Right-to-Use Loan, that among other things: (i) in consideration of the payment of a purchase price, including payment of the related Obligor Note, grants and conveys to the Obligor shares in the related Resort Association(s), which in turn grants the Obligor the license or right-to-use and occupy one or more Units in such Resort(s), (ii) imposes certain obligations on the Obligor regarding payment of the related Obligor Note, the Obligor’s use or occupancy of one or more Units and the payment of a maintenance fee to the management company, and
Right-to-Use Agreement means a written agreement wherein installment payments are due by the Obligor thereunder for the right to use a specified accommodation or type of accommodation for a stated period of time on either a fixed period or floating, discretionary period basis at the Timeshare Project under which the Seller is the grantor.
Right-to-Use Agreement means an agreement between Sprint and Supplier where Supplier is allowed to use Systems and other assets belonging to Sprint to deliver the Services. [*****] [*****] Confidential — Subject to Nondisclosure Obligations CLEARWIRE AND SUPPLIER CONFIDENTIAL
Right-to-Use Agreement has the meaning set forth in Section 6.06.