Common use of No Further Interest Clause in Contracts

No Further Interest. Developer acknowledges that after conveyance of the Developer Property to the Club, Developer shall have no claim or interest in the Developer Property, except as may be provided in this Assignment, and no further claim or interest in Vacation Credits sold by it after expiration of Developer's purchase money security interest therein.

Appears in 4 contracts

Sources: Nonexclusive Limited Assignment (Trendwest Resorts Inc), Nonexclusive Limited Assignment (Trendwest Resorts Inc), Nonexclusive Limited Assignment (Trendwest Resorts Inc)