Liens securing Non. Recourse Indebtedness of the Company, the Issuer or any Restricted Subsidiary; provided, that such Liens apply only to the property financed out of the net proceeds of such Non-Recourse Indebtedness within 90 days after the incurrence of such Non-Recourse Indebtedness,
Appears in 6 contracts
Samples: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)
Liens securing Non. Recourse Indebtedness of the Company, the Issuer or any Restricted SubsidiarySubsidiary permitted to be incurred under this Indenture; provided, provided that such Liens apply only to the property financed out of the net proceeds of such Non-Recourse Indebtedness within 90 days after the incurrence of such Non-Recourse Indebtedness,;
Appears in 3 contracts
Samples: Indenture (Meritage Corp), Indenture (Meritage Homes CORP), Meritage Corp
Liens securing Non. Recourse Indebtedness of the Company, the Issuer or any Restricted SubsidiarySubsidiary permitted to be incurred under this Indenture; provided, however, that such Liens apply only to the property financed out of the net proceeds of such Non-Recourse Indebtedness within 90 days after the incurrence of such Non-Recourse Indebtedness,;
Appears in 2 contracts
Samples: Stanley-Martin Communities, LLC, Ashton Houston Residential L.L.C.
Liens securing Non. Recourse Indebtedness of the Company, the Issuer or any Restricted Subsidiary; provided, provided that such Liens apply only to (a) the property financed out of the net proceeds of such Non-Recourse Indebtedness within 90 270 days after the incurrence of such Non-Recourse Indebtedness,, and (b) Directly Related Assets;
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