Land Contracts. WP Disclosure Schedule Section 4.8(c) contains an accurate and complete list and brief description of all written agreements, arrangements, contracts, and commitments as of September 7, 2000 to which any of the WP Entities is a party or entered into on behalf thereof pursuant to which any of the WP Entities (i) is obligated to purchase any developed or undeveloped real property, whether or not such obligation is subject to conditions (the "WP Land Contract Property") as of the Agreement Date or (ii) possesses an option to acquire any developed or undeveloped real property (the "WP Option Real Property"). In addition, WP Disclosure Schedule Section 4.8(c) contains an accurate and complete list of all deposits or other moneys that would be forfeited or paid as a result of a failure to exercise the option on any such WP Option Real Property.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Schuler Homes Inc), Agreement and Plan of Reorganization (Schuler James K), Agreement and Plan of Reorganization (Schuler James K)
