Timeshare Loan Documents definition

Timeshare Loan Documents means with respect to each Timeshare Loan and each Obligor, the related (i) Timeshare Loan Files, and (ii) Timeshare Loan Servicing Files.
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Timeshare Loan Documents means with respect to each Timeshare Loan and each Obligor, the related (a) Timeshare Loan Files, and (b) Timeshare Loan Servicing Files.
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Timeshare Loan Documents means, with respect to any Timeshare Mortgage Loan, (i) the related Timeshare Mortgage Instruments, (ii) in connection with Timeshare Mortgaged Property involving a fee interest in real property, a copy of the related warranty deed with evidence of recording thereon, (iii) the original related truth-in-lending disclosure statement executed by the related Timeshare Mortgagor, and (iv) the original related declaration of understanding and representations by such Timeshare Mortgagor.
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Examples of Timeshare Loan Documents in a sentence

  • For clarity, it is understood that the Timeshare Loans, related Timeshare Loan Documents and other assets will be conveyed by the Seller to the Depositor and by the Depositor to the Issuer pursuant to the terms of the Purchase Agreement and Sale Agreement, respectively, without recourse, representation on warranty except as expressly provided therein.

  • Notwithstanding the foregoing, the Trust Estate shall not include (i) any Timeshare Loan released from the lien of this Indenture in accordance with the terms hereof and any Related Security, Timeshare Loan Documents, income or proceeds related to such released Timeshare Loan, (ii) any amount distributed pursuant to Section 3.4 or Section 6.6 hereof or (iii) any Misdirected Deposits.

  • Notwithstanding the foregoing, the Collateral shall not include (i) any Timeshare Loan released from the lien of this Indenture in accordance with the terms hereof and any Related Security, Timeshare Loan Documents, income or proceeds related to such released Timeshare Loan, (ii) any amount distributed pursuant to Section 3.4 or Section 6.6 hereof or (iii) any Misdirected Deposits.

  • Notwithstanding the foregoing, the Trust Estate shall not include (i) any Timeshare Loan released from the Lien of this Indenture in accordance with the terms hereof and any Related Security, Timeshare Loan Documents, income or proceeds related to such released Timeshare Loan, (ii) any amount distributed pursuant to Section 3.4 or Section 6.6 hereof or (iii) any Misdirected Deposits.

  • The Custodian shall hold the Timeshare Loan Documents in trust, for the use and benefit of the Issuer and all present and future Noteholders, and shall retain possession thereof.

  • For clarity, it is understood that the Timeshare Loans, related Timeshare Loan Documents and other related assets will be conveyed by the Seller to the Depositor and by the Depositor to the Issuer pursuant to the Purchase Agreement and Sale Agreement, respectively, without recourse, representation on warranty except as expressly provided therein.

  • Notwithstanding the foregoing, the Timeshare Loans Collateral shall not include (i) any Timeshare Loan released from the Lien of this Note Purchase Agreement in accordance with the terms hereof and any Related Security, Timeshare Loan Documents, income or proceeds related to such released Timeshare Loan, (ii) any amount distributed pursuant to Section 3.4 hereof or (iii) any Misdirected Deposits.