Master Option Agreement. On the Closing Date, the EPR Parties and the Peak Parties will cause to be executed and delivered the Master Option Agreement.
Master Option Agreement. The Sellers expressly acknowledge that:
(a) Sellers have been provided with a copy of the executed version of the Master Option Agreement, and Sellers expressly acknowledge herein that closing under the Master Option Agreement is subject to certain conditions detailed in Section 12 of the Master Option Agreement, which Sellers represent to know and accept.
(b) Purchaser would not have entered into this Agreement if Sellers had not accepted to subject Closing hereunder to the closing under the Master Option Agreement, since for Purchaser the purchase of the Purchased Shares hereunder without the Master Option Agreement being in force is of no interest.
Master Option Agreement. “Master Option Agreement” refers to that certain Master Option Agreement dated as of [●], 2025, by and between Millrose Properties, Inc., a Maryland corporation, MILLROSE PROPERTIES HOLDINGS, LLC., a Delaware limited liability company and U.S. Home, LLC, a Delaware limited liability company, Lennar Homes Holdings, LLC, a Delaware limited liability company, and CalAtlantic Group, LLC, a Delaware limited liability company.
