mvci_us

RESORT DIRECTORY 2014 – 2015

327

IntervalWorld.com

exchange request, or been issued a Confirmation, he or she will be required

to maintain his or her Individual Membership until such deposit is redeemed

and confirmed, or the deposit expires, the request is canceled or confirmed,

and the confirmed travel has been canceled or completed. In subsequent

years, MORI arranges for the II corporate membership renewal for each

Club Program Exchange Member for so long as he or she elects to

participate in the MVC Destinations Program.

5. As it relates to Individual Members, MORI arranges for initial

membership in II for the purchasers of Vacation Interests at MVCI Resorts.

Individual Membership commences upon II’s receipt and processing of

each purchaser’s membership application and applicable membership fee.

In subsequent years, Individual Members are generally billed directly by II;

and membership renewal in the Exchange Program is voluntary for

Individual Members.

6. Each purchaser’s membership application and the terms and conditions

contained and referenced therein and herein are such purchaser’s contract

with II, which is a separate and distinct contract from the contract with the

developer or seller of the Vacation Interest.

7. At all times, participation in the Exchange Program by Club Program

Members is voluntary. That is, Club Program and Individual Members are

not required to use the exchange benefit or any other benefits provided

through the Exchange Program.

Membership benefits, including but not limited to, participation in

Special Exchange Services and various incentive programs will be provided

to Club Program Members and Individual Members so long as the Club

Program Member, Individual Member, MORI, the MVC Destinations

Program, and its MVCI Resorts are in good standing with II.

Additionally,

each Club Program Member and Individual Member must be current on the

payment of his/her mortgage, maintenance fees and taxes, any other owner

association–approved fees, and all applicable MVC Destinations Program

dues. The failure of the MVC Destinations Program or the MVCI Resorts to

maintain II’s standards of service, appearance, management, and operation;

or the failure to timely renovate or construct vacation accommodations

and/or amenities participating in, or committed to participating in, the

Exchange Program; or failure of MORI or the MVC Destinations Program

to remain in good standing with II (e.g., failure to comply with contractual

obligations, including the obligation to enroll purchasers and remit fees, the

failure to honor Confirmations, and/or the failure to otherwise comply with

II policies and procedures) may result in suspension or termination of the

affiliation of the MVC Trust, the MVC Destinations Program, and/or one

or more of the MVCI Resorts with II.

The suspension or termination of

MORI, the MVC Trust, the MVC Destinations Program, or any of the

MVCI Resorts from the Exchange Program may result in the loss of some

or all of the Club Program Members’ or Individual Members, II benefits,

including the exchange privilege.

9. II membership benefits, other than the exchange privilege, including

certain Interval Gold and Interval Platinum benefits, where applicable, are

subject to separate terms and conditions. Said benefits, their providers, and

their terms of use may be changed, substituted, or eliminated without prior

notice.Where benefits are provided by independent third parties, II expressly

disclaims responsibility for the acts or omissions of any persons or entities

providing such benefits.

10.

Representations concerning Club Program Members’ and Individual

Members’ access to and participation in the Exchange Program are limited

to materials supplied or otherwise approved by II in writing. All other

representations are not valid or binding on II.

11. Not all Member Resorts are included in the

Interval International Resort

Directory

. The failure to picture a Member Resort in the

Resort Directory

however, does not necessarily mean that such Member Resort is not in good

standing with II, or that its associated Club Program Members or Individual

Members are not entitled to use the exchange privilege. Likewise, the

inclusion of a Member Resort in the

Resort Directory

does not necessarily

mean that such Member Resort is in good standing with II, or that its

associated Club Program Members or Individual Members are entitled to

use the exchange privilege. All reasonable efforts are made to ensure that

published resort information is accurate. II, however, expressly disclaims

liability in the event of omission or error.

12. Club Program Members and Individual Members acknowledge that:

(a) Resort facilities, amenities, and services vary by country, location,

and resort, and room accommodations vary in size, decor, and interior detail.

(b) The description and amenities symbols provided in the

Resort

Directory

for each Member Resort are representative of the features generally

available at such Member Resort. However, unit amenities and views may

vary from unit to unit within a Member Resort, and II cannot guarantee

specific selection of any such elements with respect to the Host

Accommodations, or that all amenities will be available during any specific

period of occupancy. Each Club Program Member or Individual Member

should review the Confirmation for specific information about his or her

Host Accommodations.

purchasing a Vacation Interest, and the relative demand indicated in a Travel

Demand Index and assigned to any particular week should not be relied

upon in determining the value of that week.

(d) II is not liable for any damage to or loss or theft of personal property

left in any MVCI Resort accommodations that occurs through the use of

the Exchange Program; nor is II liable for any damage to or loss or theft of

personal property that occurs through the use of Host Accommodations by

a Club Program Member or an Individual Member. II is not liable for any

personal or bodily injury that occurs at any Member Resort.

(e) II is not liable or responsible for any claim or loss incurred in

connection with the purchase or ownership of a Vacation Interest in the

MVC Destinations Program or at a Member Resort.

(f) Upon each use of the Exchange Program, and to the extent allowed

by applicable law, any and all claims against II are waived, and II is released

from all liability, if any, arising out of participation that occurred prior to the

use of same.

(g) II’s liability, if any, in connection with a Club Program Member’s

or an Individual Member’s participation in the Exchange Program is limited

to the annual membership fees received by II from or on behalf of such

member and exchange fees paid to II by such member.

(h) All rules and regulations of the Host Resort, as well as these terms

and conditions, must be adhered to. Violation of such rules or these terms

and conditions may result in loss of present and future occupancy rights at

the Host Resort and/or the cancellation of membership without further

obligation by II.

(i) If a Vacation Interest is owned by a corporation, partnership, or

trust, a corporate officer, partner, trustee, or other properly designated

person must be established as the primary contact or administrator to

manage the membership.

(j) Where multiple individuals are listed in a single membership record

as the owners of a Vacation Interest(s), one individual and such individual’s

contact information must be designated as the primary contact where all

member materials, Confirmations, and communications will be sent. Contact

information may also be included for all other owners. In order to be associated

to a single membership record, each contact’s information must reference

the same country of residence. II may continue to provide membership

and exchange benefits for all owners listed until II receives verifiable

documentation of any change of ownership of the Vacation Interest(s).

(k)

Membership in II may be used only for personal and noncommercial

purposes. Any other use of membership benefits may result in the suspension

or termination of a Member’s privileges, as well as any existing Confirmations

and loss of fees associated with all II memberships and Confirmations held

by such Member.

(l) To the extent allowed by applicable law, telephone conversations

between Club Program Members or Individual Members and II employees

or representatives may be recorded and/or monitored.

(m) If II should fail or be delayed or impaired in the performance of

any obligation hereunder, including, but not limited to, providing exchange

accommodations, due to causes beyond the control of and without the fault

or negligence of II, then II shall be excused from further performance. Such

causes may include, but are not limited to, acts of God or public enemy, fire,

strikes, lock-out or other labor unrest, riot, explosion, civil disobedience,

declared or undeclared war, revolution, insurrection, boycotts, acts of piracy,

acts of terrorism, acts of public authorities, blockade, embargo, accident,

epidemic or quarantine, labor shortages based on pandemics or widespread

illness within a given servicing location, delays or defaults caused by public

or common carriers, and/or other circumstances materially impacting travel

to a particular geographic region or in general.

(n) II is prohibited from doing business with certain entities, and

individuals residing in certain nationally sanctioned countries or otherwise,

set forth from time to time on any list maintained by the U.S. Department

of the Treasury’s Office of Foreign Assets Control (collectively, “Blocked

Parties”). If II receives an enrollment or renewal membership fee for a Club

Program Member or Individual Member defined as a Blocked Party, II will

refuse membership for such purchaser. If a Club Program Member or

Individual Member subsequently becomes or is determined to be a Blocked

Party, II will cancel the membership without refund or further obligation.

13. Club Program Members and Individual Members acknowledge and

agree, to the extent allowed by applicable law, that II and/or MORI may offer

various products and services relating to individual membership benefits,

including exchange and travel-related benefits, through telemarketing

programs, and Club Program Members and Individual Members consent to

such telephonic solicitation including, but not limited to, solicitations through

automatic dialing equipment, predictive dialing equipment, and/or