Loan Inventory. Lots Under Development, Developed Lots and Dwelling Lots which are not encumbered by a Lien or Liens (other than any Permitted Encumbrance) and which have been designated by the Borrower and accepted by the Administrative Agent as "Loan Inventory" to be utilized for the purpose of calculating the Loan Funding Availability.
Appears in 3 contracts
Samples: Master Loan and Inter Creditor Agreement (Horton D R Inc /De/), Master Loan and Inter (Horton D R Inc /De/), Master Loan and Inter (Horton D R Inc /De/)
Loan Inventory. Lots Under Development, Developed Lots and Dwelling Lots which are not encumbered by a Lien or Liens (other than any Permitted Encumbrance) and which have been designated by the Borrower and accepted by the Administrative Agent as "Loan InventoryLOAN INVENTORY" to be utilized for the purpose of calculating the Loan Funding Availability.
Appears in 1 contract
Samples: Master Loan and Inter Creditor Agreement (Horton D R Inc /De/)
Loan Inventory. Lots Under Development, Developed Lots and Dwelling Lots which are not encumbered by a Lien or Liens (other than any Permitted Encumbrance) and which have been designated by the Borrower and accepted by the Administrative Agent Bank as "Loan Inventory" to be utilized for the purpose of calculating the Loan Funding Availability.
Appears in 1 contract
Loan Inventory. Lots Under Development, Developed Lots and Dwelling -------------- Lots which are not encumbered by a Lien or Liens (other than any Permitted Encumbrance) and which have been designated by the Borrower and accepted by the Administrative Agent as "Loan Inventory" to be utilized for the purpose of calculating the Loan Funding Availability.
Appears in 1 contract
Samples: Master Loan and Inter Creditor Agreement (Horton D R Inc /De/)
