timeshare contract definition

timeshare contract means a contract of a duration of more than one year under which a consumer, for consideration, acquires the right to use one or more overnight accommodation for more than one period of occupation;
timeshare contract means a contract of a duration of more than one year under which a consumer, for consideration, acquires the right to use one or more overnight accommodation for more than one period of occupation. In calculating the duration of a timeshare contract, any provision in the contract allowing for tacit renewal or prolongation shall be taken into account;
timeshare contract means a contract of a duration of more than one year by which a consumer acquires for consideration the right to use accommodation on a recurrent basis;

More Definitions of timeshare contract

timeshare contract means a contract under which a consumer acquires a timeshare interest;
timeshare contract means a contract of a duration of more than one year by which a consumer acquires for consideration the right to use one or more movable or immovable properties on a recurrent basis;

Related to timeshare contract

  • Timeshare or "timeshare property" means real 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.

  • First-tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. It does not include the Contractor’s supplier agreements with vendors, such as long-term arrangements for materials or supplies that would benefit multiple contracts and/or the costs of which are normally applied to a Contractor’s general and administrative expenses or indirect cost.

  • Ginnie Mae is hereby added to Article I to immediately foll▇▇ ▇▇▇ ▇▇▇inition of "Freddie Mac":

  • Underlying Instruments The loan agreement, credit agreement, indenture or other agreement pursuant to which a Loan or Permitted Investment has been issued or created and each other agreement that governs the terms of or secures the obligations represented by such Loan or Permitted Investment or of which the holders of such Loan or Permitted Investment are the beneficiaries.