Common use of Finished Lot Cost Differential Notice Clause in Contracts

Finished Lot Cost Differential Notice. Optionor shall deliver to Optionee a written notice (the “Finished Lot Cost Differential Notice”) setting forth each Project Finished Lot Cost Differential, broken down by line item, not less than five (5) Business Days before the Closing [(as may be extended in connection with the parties’ determination of each Project Finished Lot Cost Differential, as set forth in the definition of such term)].

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (City Ventures, Inc.), Option Agreement and Joint Escrow Instructions (City Ventures, Inc.)

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Finished Lot Cost Differential Notice. Each Optionor shall deliver to Optionee a written notice (the “Finished Lot Cost Differential Notice”) with respect to the Eligible Properties in which it owns an interest, setting forth each Project Finished Lot Cost Differential, broken down by line item, not less than five (5) Business Days before the Closing [(as may be extended in connection with the parties’ determination of each Project Finished Lot Cost Differential, as set forth in the definition of such term)].

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (City Ventures, Inc.), Assignment and Assumption Agreement (City Ventures, Inc.)

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