Lot Limitations. The total number of Lots Under Development and Developed Lots to be included in the Borrowing Base as of the date of any request made hereunder shall not be in excess of the Lot Concentration Limitation.
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Samples: Credit Loan Agreement, Credit Loan Agreement (TRI Pointe Homes, Inc.), Credit Loan Agreement (William Lyon Homes)
Lot Limitations. The total number of Lots Under Development and Developed or High End Lots Under Development, as applicable, to be included in the Borrowing Base as of the date of any request made hereunder shall not be in excess of the applicable Lot Concentration Limitation.
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