Sale of Intervals Sample Clauses

Sale of Intervals. The marketing, sale, offering of sale, rental, solicitation of Purchasers or, if applicable, lessees, and financing of Intervals in the Resort: (1) do not constitute the sale, or the offering of sale, of Securities subject to the registration requirements of the Securities Act of 1933, as amended, or any state securities law; (2) do not violate the Timeshare Act or any land sales or consumer protection law, statute or regulation of the state where the Resort is located or any other state or jurisdiction in which a Purchaser resides or in which sales or solicitation activities occur; and (3) do not violate any consumer credit or usury statute of state where the Resort is located or any other state or jurisdiction in which a Purchaser resides or in which sales or solicitation activities occur. All marketing and sales activities are performed by employees of Borrower, all of whom are and shall be properly licensed in accordance with Applicable Laws.

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Sale of Intervals. Including presale inventory in respect of portions of a Timeshare Project whose development is in process but not yet completed, and the corresponding owners, and allowing for cancellations or terminations of previous sales, the total Timeshare Interests offered for sale or sold will not exceed the available accommodations at such Timeshare Project. 

Sale of Intervals. The sale, offering of sale, and financing of Intervals in the Resorts (i) do not constitute the sale, or the offering of sale, of Securities subject to the registration requirements of the Securities Act of 1933, as amended, or any state securities law; and (ii) do not violate any applicable law, statute or regulation including, without limitation, any applicable timesharing law, statute, or regulation.

Sale of Intervals. The marketing, sale, offering for sale, rental solicitation of purchasers and financing of Intervals and Timeshare Interests: (a) will not constitute the sale, or the offering for sale, of securities subject to the registration requirements of the Securities Act of 1933, as amended, or any state securities law applicable to such sale or offer for sale; (b) will not violate any Timeshare Act, or any land sales or consumer protection law, statute or regulation of the State of Texas or any other state or jurisdiction in which sales or solicitation activities occur or any Eligible Project is located; and (c) will not violate any consumer credit or usury statute of the State of Texas or any other state or jurisdiction in which sales or solicitation activities occur or any Eligible Project is located. All marketing and sales activities have been performed by Borrower's employees or by independent contractors or agents of the Borrower, all of whom are properly licensed in accordance with applicable laws. There have been no misrepresentations made by the Borrower or any of its employees or selling agents with respect to any matter relating to any Eligible Project or the sale or financing of Timeshare Interests or Intervals.

Sale of Intervals. The marketing, sale, offering for sale, rental solicitation of purchasers and financing of Intervals or Timeshare Interests: (a) will not constitute the sale, or the offering for sale, of securities subject to the registration requirements of the Securities Act of 1933, as amended, or any state securities law applicable to such sale or offer for sale; (b) will not violate any Timeshare Act, or any land sales or consumer protection law, statute or regulation of the State of Texas or any other state or jurisdiction in which sales or solicitation activities occur; and (c) will not violate any consumer credit or usury statute of the State of Texas or any other state or jurisdiction in which sales or solicitation activities occur. All marketing and sales activities will be performed by Borrower's employees or by independent contractors or agents of the Borrower, all of whom are and will be properly licensed in accordance with applicable laws. There shall be no misrepresentations by the Borrower or any of its employees or selling agents with respect to any matter relating to any Eligible Project or the sale or financing of Intervals or Timeshare Interests. In addition to the foregoing, the Borrower shall not market, attempt to sell or sell or permit or justify any sales or attempted sales of any Intervals or Timeshare Interests, except in compliance with the applicable Timeshare Act and other applicable laws in state of the applicable Eligible Project and other jurisdictions where marketing, sales or solicitation activities occur.

Sale of Intervals. The sale, offering of sale, and financing ----------------- of Intervals in the Resort (i) do not constitute the sale, or the offering of sale, of Securities subject to the registration requirements of the Securities Act of 1933, as amended, or any state securities law; (ii) do not violate any timesharing law, statute or regulation of the State of Missouri or any other applicable law of any state in which sales or solicitation of sales of Intervals occur; and (iii) do not violate any consumer credit or usury statute of any of the State of Missouri, or any applicable law of any other state in which sales or solicitation of sales of Intervals occur.

Related to Sale of Intervals

• Sale of Interests The Tax Partners agree that any sale by a Tax Partner of any ownership interest in a Certificate shall be deemed to be a sale of all or a portion of such Tax Partner's interest in the Tax Partnership.
• Sale of Interest No Borrower may sell, assign or transfer any interest in this Agreement, any of the other Loan Documents, or any of the Obligations, or any portion thereof, including, without limitation, such Borrower's rights, title, interests, remedies, powers, and duties hereunder or thereunder.
• Commencement of Interest Periods The first Interest Period shall commence on the Drawdown Date and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
• Purchase and Sale of Interests Upon the terms set forth in this Agreement, at the Closing, Seller shall sell, transfer, convey, assign, and deliver to Buyer, and Buyer shall purchase, acquire and accept from Seller, free and clear of all Encumbrances, except for any Permitted Encumbrance, all right, title and interest of Seller in and to the Interests.
• Purchase of Interests Any of the Advisor, its principals and employees may, in its discretion, purchase Interests in the Trust.
• Repurchase of Interests (a) Except as otherwise provided in this Agreement, no Member or other person holding an Interest or portion thereof shall have the right to withdraw or tender to the Company for repurchase that Interest or portion thereof. The Board from time to time, in its sole discretion and on such terms and conditions as it may determine, may cause the Company to repurchase Interests or portions thereof pursuant to written tenders. However, the Company shall not offer to repurchase Interests on more than four occasions during any Taxable Year unless it has received an opinion of counsel to the effect that such more frequent offers would not cause any adverse tax consequences to the Company or Members. In determining whether to cause the Company to repurchase Interests pursuant to written tenders, the Board shall consider the recommendation of the Manager, and shall also consider the following factors, among others:
• Number of Interest Periods There may be no more than 6 different Interest Periods for LIBOR Loans outstanding at the same time.
• The Closing Date Delivery of certificates for the Firm Shares to be purchased by the Underwriters and payment therefor shall be made at the offices of Shearman & Sterling LLP, 500 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (or such other place as may be agreed to by the Company and the Representative) at 9:00 a.m. New York time, on , or such other time and date not later than 1:30 p.m. New York time, on , as the Representative shall designate by notice to the Company (the time and date of such closing are called the “Closing Date”).
• Sale of Investments Pursuant to Instruction, Investments sold for the account of the Fund shall be delivered (a) against payment therefor in cash, by check or by bank wire transfer, (b) by credit to the account of the Custodian or the applicable Subcustodian, as the case may be, with a Clearing Corporation or a Securities Depository (in accordance with the rules of such Securities Depository or such Clearing Corporation), or (c) otherwise in accordance with an Instruction, Applicable Law, generally accepted trade practices, or the terms of the instrument representing such Investment.
• Sale of Business Entered into any contract for the sale of the Business, or any part thereof, or for the purchase of another business, whether by merger, consolidation, exchange of capital stock or otherwise (other than negotiations with respect to this Agreement);