Whole Ownership Business definition

Whole Ownership Business means the business of developing or operating a project that includes whole residential units, including single family homes, condominium units, or other housing units which are owned on a whole (not fractional) ownership basis.
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Examples of Whole Ownership Business in a sentence

  • Licensor may engage in the Fractional Vacation Club Business and the Whole Ownership Business at any time during the Term.

  • Licensee may engage in the Fractional Vacation Club Business and the Whole Ownership Business, as a Separate Operation (or as part of the Licensed Vacation Ownership Business, subject to Licensor’s prior written consent), at any time during the Term.

Related to Whole Ownership Business

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.