ADDITIONAL RESORT COLLATERAL

Example Definitions of "ADDITIONAL RESORT COLLATERAL"
ADDITIONAL RESORT COLLATERAL. The term "Additional Resort Collateral" shall mean singly and collectively, the development rights, real property, fixtures and other personal property, including all management agreements for the Resorts, now owned or hereafter acquired by Borrower and listed on Schedule 1.1. (gggg) attached hereto. "Additional Resort Collateral" shall not include the promissory notes and other property of Silverleaf Finance I, Inc., that constitute "Pledged Assets" under the DZ Documents.
All Definitions