Timeshare interest definition

Timeshare interest means and includes either:
Timeshare interest means a Timeshare Property or a Right-to-Use Interest, and Timeshare Interest or “Timeshare Interests,” when used in the Facility Documents, means, as applicable, any Timeshare Interest that is subject to a Timeshare Loan, or all Timeshare Properties and Right-to-Use Interests that are subject to the Timeshare Loans, listed on Timeshare Loan Schedule, as the same may be amended from time to time.
Timeshare interest means and includes either of the following:

Examples of Timeshare interest in a sentence

  • The term does not mean any subsequent date or44 time, including the execution of a written order, the filing or docketing of a45 written order, or the posting of a bond.46 (32) Timeshare interest.

  • Any individuals, companies, unincorporated associations or other persons who purchase or have contracted to purchase a Timeshare interest in a resort, from or on behalf of the Affiliate or any Marketer engaged by the Affiliate including persons who are already RCI members at the time of purchase.

  • I.D. No. 1.) Those schedules disclose the following secured debt (the “Secured Debt”): (a) first and second mortgages (joint with codebtor) on the Debtor’s residence (the “Residence”); (b) a mortgage (joint with codebtor) on a Tempus Resorts Timeshare interest (the “Timeshare”); and (c) a secured loan with respect to a 2005 Ford Taurus.


More Definitions of Timeshare interest

Timeshare interest means a timeshare estate or timeshare use.
Timeshare interest means a right to occupy fixed or variable accommodations during three or more separate fixed or variable time periods over a period of at least three years, including renewal options, whether or not coupled with an estate in land.
Timeshare interest means a right to occupy fixed or variable
Timeshare interest means a fee simple ownership interest in a Timeshare Unit located at a Resort to be sold by Borrower to Purchasers comprised of either: (i) a Timeshare Interest which provides a Purchaser with a seven (7) consecutive day right of occupancy in a Timeshare Unit located in a Resort every year (“Weekly Timeshare Interest”); or (ii) any combination of a Timeshare Interest which provides a Purchaser with a seven (7) consecutive day right of occupancy in a Timeshare Unit located in a Resort every other year (“Bi-annual Timeshare Interest”), as set forth in the applicable Declaration, with such interest being entitled to the right to the possession, use and occupancy of a Timeshare Unit located in a Resort during the applicable time periods sold for such Weekly Timeshare Interest or Bi-annual Timeshare Interest, as applicable, and the use of all Resort Facilities.
Timeshare interest means an interval or fractional timeshare interest in real estate, whether conveyed via license, right to use, fee simple title or points.
Timeshare interest means an ownership interest in a vacation timesharing plan.