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INTERVAL INTERNATIONAL
IntervalWorld.com
long as the Member is eligible for membership. Where a Member
purchases additional Vacation Interests, such Member may include such
additional Vacation Interests within his or her then-current Individual
Membership upon the payment of the applicable administrative fee per
adjustment. Alternatively, upon the purchase of additional Vacation
Interests, said Member may elect to pay the applicable additional annual
Individual Membership fee at the time such Vacation Interests are included
with the Individual Membership, whereupon II shall extend the term of said
Member’s then-current Individual Membership for an additional 12-month
period per additional membership fee paid.
2.
Upon the payment of the applicable Club Interval Gold
membership fee, an owner of a Vacation Interest is enrolled in the
Club Interval program, and the owner’s membership with II becomes
a Club Interval Gold membership, all Vacation Interests owned, both
Eligible Vacation Interests and other Vacation Interests, are included
under such memberships. Where an owner has an existing Individual
Membership and/or Interval Gold membership for which such owner
has remitted membership fees directly to II, at the time of his or her
purchase of an Eligible Vacation Interest, the remaining value of the
fees previously paid to II will be taken into consideration in determining
the appropriate term of the Club Interval Gold membership. The value
of any previously paid Interval Platinum fees are not included in this
consideration. If the existing Individual Membership and Interval Gold
membership have different expiration dates, the expiration date of the
Club Interval Gold membership may differ, but the Member will have
received the benefit of the prior membership fees paid. Notwithstanding
the foregoing, where a Club Interval Gold Member owns a Vacation
Interest at a Member Resort participating in a corporate membership
program, as well as an Eligible Vacation Interest, said Member must
maintain his or her Club Interval Gold membership separate and
distinct from his or her participation in the corporate membership
program.
Club Interval Gold membership fees submitted by the Club
Interval Gold Member are refundable on a pro rata basis (based on the
number of full months remaining in the applicable membership period)
upon a Club Interval Gold Member’s request for cancellation of his or her
membership and provided that the Club Interval Gold Member also returns
to II any Club Interval Gold membership card(s) that he or she has received.
3.
Notwithstanding the provisions of foregoing Paragraphs 1 and
2, where a Member, a Club Interval Gold Member, or a Preferred
Residences Member owns a Vacation Interest at a Member Resort
participating in a corporate membership program, as well as owning
a Vacation Interest and/or an Eligible Vacation Interest at a Member
Resort through which the Member participates as an Individual
Member of the Exchange Program, said Member must maintain his or
her Individual Membership and/or the Club Interval Gold membership
separate and distinct from his or her participation in the corporate
membership program.
4.
Membership fees submitted by the Individual Member are
refundable on a pro-rata basis (based on the number of full months
remaining in the applicable membership period) upon a Member’s
request for cancellation of his or her membership. Upgrade fees for
Interval Gold status are refundable on the same basis, provided,
however, that the Member also returns to II any Interval Gold
membership card(s) that he or she has received. Upgrade fees for
Interval Platinum are nonrefundable under any circumstances.
Failure
to renew membership within 120 days from any expiration thereof may
require payment of a readmission fee to reinstate membership.
5. The exchange fee per week to be confirmed is subject to any
applicable tax and must be paid at the time an exchange request is made.
Members who choose to utilize II’s website, IntervalWorld.com, to transact
an exchange request, are eligible for a discount on the exchange fee, per
week confirmed. If the request is made by telephone, the exchange fee may
be paid by a credit card acceptable to II or by check. Where the exchange
fee is paid by check, however, confirmation will not occur until said check
has been received and processed by II. Accommodations will be held for five
calendar days pending receipt of a check for an exchange fee. In addition, in
any instance in which a Member pays a fee by check, II reserves the right
to collect an administrative fee where such check is returned to II. Checks
are not accepted for Confirmations with occupancy commencement dates
within 30 days or less.
Exchange fees will be refunded only if an
exchange cannot be confirmed, if cancellation of the applicable
exchange request is received by II prior to Confirmation, or if
cancellation is received by II within the first 24 hours of a
Confirmation’s issuance. Exchange fees will not be refunded under
any other circumstances.
6. The exchange fee (as described in Paragraph 5 above), plus any
applicable tax, must be submitted by the Member at the time a ShortStay
Exchange Confirmation is received.
This exchange fee is nonrefundable.
Any cancellation of a ShortStay Exchange results in the loss of the
accommodations relinquished.
7. The purchase of E-Plus requires the payment of an additional fee,
plus any applicable tax, per exchange request or Confirmation.
An E-Plus
fee will only be refunded if the original exchange request cannot be
confirmed or if cancellation of the original exchange request is
received prior to Confirmation. E-Plus fees will not be refunded under
any other circumstances.
8. If the Deposit Extension Option is selected by the Member, an
additional fee per deposit is required at the time the deposit extension is
requested. The applicable fee is required to extend a deposit for six or
12 months.
9. If a Guest Certificate is requested by any Member other than an
Interval Platinum Member, an additional fee per Confirmation is required
at the time the certificate is requested. If II does not issue a Confirmation
for which the Guest Certificate has been purchased, the certificate fee will
be refunded. Guest Certificate fees will not be refunded under any other
circumstances. Interval Platinum Members are not required to pay a fee to
request a Guest Certificate.
10. In the event that a Member sells, rents, exchanges, or otherwise
assigns the Home Resort accommodations to any third party after such
accommodations have been deposited with II, while a request is pending
with II, or after II has issued a Confirmation, II will assess such Member an
administrative fee. Additionally, such Member will be responsible for all
liabilities incurred by II in connection with the double use of the
accommodations by the Member. Under these circumstances, membership
privileges will be suspended (without further obligation by II) until such time
as all amounts owing have been paid in full to II.
11. II may suspend membership privileges in the event a Member fails to
pay any amount owed to the Host Resort, II, or any other company related
to II.
12. Some jurisdictions have imposed a tax on the occupant of resort
accommodations. Consequently, any bed tax, transient occupancy tax,
or similar tax that is imposed shall, in those circumstances, be the
responsibility of the exchanging Member. Members may be required to
contact the Host Resort prior to arrival in order to prepay such taxes and
certain other resort fees. Additionally, Members are responsible for all
personal charges (e.g., telephone calls and meals) while at the Host
Resort, and any utility surcharge or other charge imposed by a resort, as
well as any damage to or loss or theft from the Host Accommodations
and facilities that is caused by Members or their guests.
13. Fees, if any, charged by Member Resorts for certain services, meal
plans, and amenities are determined and levied by each resort. Such fees
are the responsibility of the Member. These fees vary from resort to resort.
14. All fees may be increased from time to time by II, at its sole
discretion. Members will be advised of any such increases through II’s
regular publications or on II’s website, IntervalWorld.com.