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"SEPA'' shall mean the Washington State Environmental Policy Acl Ch. 43.21C RCW, <br />as set forth in Recitall(4) ofthis Agreement. <br />''Short-Term Visitor Accommodations'' means the following Master Planned Resort <br />Accommodation Units: (i) hotel or motel units; (ii) time-share and fractionally-owned units: (iii) <br />recreational vehicle sites with power and water; and (iv) vacation and second homes as defined <br />below. A vacation or second home is a Short-Term Visitor Accommodation for all purposes <br />under this Agreement unless its owner(s) or occupant(s). or any one ofthem. is either (i) <br />registered to vote at such unit's MountainStar address or (ii) receives itsitheir Kittitas County <br />annual property tax assessment for such unit at such unit's MountainStar address. in \Vhich case <br />such unit shall be considered a permanent residence for all purposes under this Agreement. <br />"Site Development Plan'" shall have that meaning set forth in Section 5.1 (a) of this <br />Agreement. <br />··subphase'" or ,;Division" means a smaller area within a Phase, and may include one or <br />more subdivisions ofland. <br />''Subsequent Actions'" shall have that meaning set forth in Section 4.1 (e) of this <br />Agreement. <br />''Term'' shall mean thirty (30) years commencing upon the Effective Date. as set forth in <br />Section 1.2 ofthis Agreement. <br />''Transfer Agreement" shall have the meaning set forth in Section 9 of this Agreement. <br />·Trendwest"" shall mean Suncadia andior collectively Trend west Resorts, Inc. and <br />Trendwest Investments, lnc., as set forth in the Preamble of this Agreement. <br />"Trendwest Investments'" shall mean Trendwest Investments. Inc .. a Washington <br />corporation, as set forth in the Preamble ofthis Agreement. <br />Suncadia Master Planned Resort Development Agreement (Amended and Restated 12-02-200R) Page 18 <br />Index #23