Land Inventory. Permit the ratio, determined as at the end of any fiscal quarter, of (i) the sum of the number of Finished Lots and the reasonably estimated number of Finished Lots that will be developed on other Land, all determined as at the end of such fiscal quarter, to (ii) the number of Housing Unit Closings for the period of four (4) full fiscal quarters ending with such fiscal quarter, to exceed 2.5 to 1.0.
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Samples: Annual Report, Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)
Land Inventory. Permit the ratio, determined as at the end of any fiscal quarter, ratio of (i) the sum of the number of Finished Lots and the reasonably estimated number of Finished Lots that will be developed on other Land, all determined as at the end of such the most recent four (4) full fiscal quarterquarters for which financial results have been reported, to (ii) the number of Housing Unit Closings for the period of prior four (4) full fiscal quarters ending with such fiscal quarterquarters, to exceed 2.5 to 1.0.
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