Vacant Lots definition

Vacant Lots means a parcel(s) of property currently undeveloped or unimproved by any building or structure.
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Vacant Lots means and refer to a subdivided lot or parcel of land upon which no Dwelling Unit exists.
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Vacant Lots means the residential lots listed on Exhibit C.
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Examples of Vacant Lots in a sentence

  • Borrower recognizes that the limitation on funding of Advances for Vacant Lots, Homes, Land and A&D Loans under the Loan to $35,000,000.00 (as limited by Section 1.8 above) while Lots, Homes, land and A&D Loans financed under the Loan have an aggregate Loan Value in excess of said amount may, under certain circumstances, result in the need for Borrower to pay certain costs through sources other than the Loan.

  • Borrower recognizes that the limitation on funding of Advances for Vacant Lots and Homes under the Loan to $2,000,000.00 while Lots and Homes financed under the Loan have an aggregate Loan Value in excess of said amount may, under certain circumstances, result in the need for Borrower to pay certain costs through sources other than the Loan.

  • Manager agrees that PELP shall have the right to request that Property Manager provide some subset of the services set forth in the Property Management Agreements with respect to the Vacant Lots on terms and conditions to be mutually agreed upon by the Parties.

  • Vacant Lots and Outlots shall not be used for dumping of earth or any waste materials, unless designated by Declarant, and no grasses, weeds or similar vegetation on vacant Lots shall be allowed to reach a height in excess of twelve (12”) inches.

  • The receipt of Service includes all undeveloped Vacant Lots that currently have a Sewer Connection ready to be connected to, and/or Reserved Capacity within the Sewer System.

  • The Vacant Lot(s) to be released must be in sections of the Real Property for which Buyer has replaced Seller’s Bond with the governmental authorities to assure completion of the improvements within such section.

  • The obligations of Purchaser under the terms of Paragraph 8 related to the subsequent purchase by Purchaser of Model Homes and Spec Homes, Cancelled Homes and Vacant Lots before construction has commenced shall be guaranteed by the corporate affiliate of Purchaser in the form of the Guaranty attached hereto as Exhibit “N”, which Guaranty shall be executed on the Closing Date.

  • Purchaser shall be liable for payment of assessments to the Association for the Vacant Lots, the Backlog Units and the Speculative Units from the Closing Date forward, which assessments are currently $771.99 per quarter as well as the capital contributions which are required to be paid relating to the Vacant Lots, the Backlog Units and the Speculative Units under the Declaration.

  • Receipt of Service includes all undeveloped Vacant Lots that currently have an available Sewer Connection, and/or Reserved Capacity within the Sewer System.

  • The aggregate Commitment Amounts of all Loans made for the purpose of purchasing Vacant Lots may not exceed $___________________________at any time.