Common use of MAP Clause in Contracts

MAP. Borrower shall have delivered to Lender and Lender shall have approved a Final Map or Tentative Map, as applicable, together with evidence reasonably satisfactory to Lender that any such Tentative Map has not expired and is not due to expire during the development of such portion of the Land. Each such map must contain a legal description of the Land, must describe and show all boundaries of and lot lines within such Land and all streets and other dedications, and must contain such other information and certifications as Lender may request.

Appears in 5 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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MAP. Borrower shall have delivered to Lender Lender, and Lender shall have approved a Final Map or Tentative Map, as applicable, together with evidence reasonably satisfactory to Lender that any such Tentative Map has not expired and is not due to expire during the development of such portion of the Land. Each such map must contain a legal description of the Land, must describe and show all boundaries of and lot lines within such Land and all streets and other dedications, and must contain such other information and certifications as Lender may request.

Appears in 3 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (William Lyon Homes), Construction Loan Agreement (William Lyon Homes)

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MAP. Borrower shall have delivered to Lender and Lender shall have approved a Final Map or Tentative Map, as applicable, together with evidence reasonably satisfactory to Lender that any such Tentative Map has not expired and is not due to expire during the development of such portion of the LandEntitled Land pursuant to the applicable subdivision map requirements. Each such map must contain a legal description of the Entitled Land, must describe and show all boundaries of and lot lines within such Entitled Land and all streets and other dedications, and must contain such other information and certifications as Lender may request.

Appears in 2 contracts

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

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