Spence
Banned
From their Operating Guide
It's often been talked about that this could be done by an owner who turns 50 during the term of the contract, but the guide doesn't say that. Anyone with personal experience accelerating credits? I'm looking to do it for 2008 for a big trip to Europe with extended family.Accelerated Redemption of Holiday Credits
A Member, who on the Purchase Date is 50 years old, or older, shall
have the right to accelerate the redemption of one’s Holiday Credits over a period of not less than fifteen years. Such a Member may exercise this
benefit by adding to one's Holiday Credits Account for a specific year a
maximum amount of Holiday Credits corresponding to the Member’s Entry
Level in a calendar year, and may only accumulate up to twenty percent of
the Holiday Credits of their Entry Level without taking in to account the
Holiday Credits accelerated that certain year. Such Accelerated Holiday
Credits shall be debited from the last year of the life of one’s Membership.
A Member accelerating the redemption of one’s Holiday Credits shall
pay the Annual Club Fee for the normal year of usage, as well as for the
Accelerated Year.