Model Housing Units. The Borrower shall not permit the number of Model Housing Units in any individual subdivision to exceed the number of Model Housing Units that is commercially reasonable, as determined by the Borrower in its reasonable discretion.
Appears in 3 contracts
Samples: Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.)
Model Housing Units. The Borrower shall not, and shall not permit any Subsidiary to, permit the number of Model Housing Units in any individual subdivision to exceed the number of Model Housing Units that is commercially reasonable, as determined by the Borrower in its reasonable discretion.
Appears in 2 contracts
Samples: Credit Agreement (Smith Douglas Homes Corp.), Credit Agreement (Smith Douglas Homes Corp.)
