Examples of Takedown 4 Lots in a sentence
The Fourth Closing shall occur on that date which is ten (10) days after the later to occur of (i) Final Approval of the Entitlements applicable to the Takedown 4 Lots and (ii) that date which is twelve (12) months after the Takedown 3 Closing Date (the “Takedown 4 Closing Date”).
The Finished Lot Improvements for the Takedown 2 Lots, the Takedown 3 Lots, and the Takedown 4 Lots shall be Substantially Complete on or before ten (10) business days prior to the applicable Closing (such dates with the Takedown 1 Finished Lot Improvements Deadline are referred to as a “Finished Lot Improvement Deadline”).
The date of the Fourth Closing of the purchase and sale of the Takedown 4 Lots (the "Takedown 4 Closing") shall be the date that is six (6) months after the date that the Third Closing occurs or such other date as Seller and Purchaser may mutually agree.
Seller has Substantially Completed the Finished Lot Improvements for the Takedown 4 Lots as evidenced by Seller's February 11, 2020 Completion Notice.
The Finished Lot Improvements for the Takedown 2 Lots, the Takedown 3 Lots, the Takedown 4 Lots, the Takedown 5 Lots and the Takedown 6 Lots shall be Substantially Complete on or before ten (10) business days prior to the applicable Closing (such dates with the Takedown 1 Finished Lot Improvements Deadline are referred to as a “Finished Lot Improvement Deadline”).
The Deferred Purchase Price Deposit shall be in an amount equal to the sum of the Deferred Purchase Price for all of the Lots acquired by Purchaser at such Closing plus, for the Takedown 2 Lots, the Takedown 3 Lots, and the Takedown 4 Lots, the Escalator thereon calculated pursuant to Section 2(b).
The Improvements will be completed in phases consisting of one phase with respect to the Takedown 1 Lots, one subsequent phase with respect to the Takedown 2 Lots, one subsequent phase with respect to the Takedown 3 Lots, and one subsequent phase with respect to the Takedown 4 Lots, for a total of four (4) phases (each a “Phase”).
The Takedown 4 Closing shall occur on April 30, 2020 (or such earlier date as agreed upon by the parties in writing) and at least thirty (30) days prior thereto Seller shall Substantially Compete the Finished Lot Improvements for the Takedown 4 Lots and deliver to Purchaser the Completion Notice for the Takedown 4 Lots, subject to Seller’s extension right pursuant to Section 8(b).
The Fourth Closing shall occur on that date which is ten (10) business days after the last to occur of (i) delivery to Purchaser of a Closing Notice for Final Approval of the Entitlements applicable to the Takedown 4 Lots and (ii) that date which is twelve (12) months after the Takedown 3 Closing Date and (iii) the completion by Seller of all Finished Lot Improvements for the Lots previously purchased hereunder by Purchaser (the “Takedown 4 Closing Date”).