ELIGIBLE REAL PROPERTY COLLATERAL. All Unimproved Land shall have met all of the requirements in this Agreement to be Eligible Real Property Collateral.
Appears in 2 contracts
Samples: Senior Secured Term Loan Agreement (William Lyon Homes), Senior Secured Term Loan Agreement (William Lyon Homes)
ELIGIBLE REAL PROPERTY COLLATERAL. All Unimproved Land shall have met Under Development meets all of the requirements in this Agreement to be Eligible Real Property Collateral.
Appears in 2 contracts
Samples: Senior Secured Term Loan Agreement (William Lyon Homes), Senior Secured Term Loan Agreement (William Lyon Homes)