Common use of Lot Limitations Clause in Contracts

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.

Appears in 4 contracts

Samples: Revolving Line of Credit Loan Agreement, Revolving Line of Credit Loan Agreement (TRI Pointe Homes, Inc.), Revolving Line of Credit Loan Agreement (William Lyon Homes)

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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.

Appears in 1 contract

Samples: Revolving Line of Credit Loan Agreement (William Lyon Homes)

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