Common use of Fee Title Clause in Contracts

Fee Title. Fee title to the Lots Under Development shall have been acquired by Borrower and Administrative Agent shall have received evidence of such acquisition satisfactory to Administrative Agent in its sole and absolute discretion.

Appears in 1 contract

Sources: Loan Agreement (Meritage Corp)

Fee Title. Fee title to the Lots Under Development applicable Finished Lot shall have been acquired by Borrower and Administrative Agent shall have received evidence of such acquisition satisfactory to Administrative Agent in its sole and absolute discretion.

Appears in 1 contract

Sources: Loan Agreement (Meritage Corp)

Fee Title. Fee title to the Lots Under Development applicable Lot shall have been acquired by Borrower and Administrative Agent shall have received evidence of such acquisition satisfactory to Administrative Agent in its sole and absolute discretion.

Appears in 1 contract

Sources: Loan Agreement (Meritage Corp)