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      "text": "Combined basis excluding VRI-Europe (sold December 2018) and cost reimbursements. Revenues excluding cost reimbursements and Adjusted EBITDA Contribution are non-GAAP measures. For definitions and reconciliation, please see appendix.",
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      "text": "~80% of Adjusted EBITDA; Serves: ~2M member families; Value provided: Ability to vacation in variety of locations",
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