Common use of Sales Reporting Clause in Contracts

Sales Reporting. Beginning with the month following the month during which Builder commences marketing of the Homesites to members of the home buying public and until the Option Termination Date, Builder shall deliver to Owner on or before the fifth (5th) business day of every month (for the immediately prior month) a marketing report in a form reasonably determined by Builder, setting forth the sales, cancellations, and other information reasonably requested by Owner pertaining to Builder’s marketing of the Homesites that is customarily captured by Builder. In addition, if there is a master developer involved with the Property, to the extent permitted by Builder’s agreements with such master developer, Builder shall deliver to Owner any sales reports obtained by Builder from any master developer or other party overseeing the marketing of the community where the Homesites are located.

Sales Reporting. Beginning with the month following the month during which Builder commences marketing of the Homesites to members of the home buying public and until the Option Termination Date, Builder shall deliver to Owner on or before the fifth (5th) business day of every month (for the immediately prior month) a marketing report in a form reasonably determined by BuilderBuyer, setting forth the sales, cancellations, and other information reasonably requested by Owner pertaining to Builder’s marketing of the Homesites that is customarily captured by Builder. In addition, if there is a master developer involved with the Property, to the extent permitted by Builder’s agreements with such master developer, Builder shall deliver to Owner any sales reports obtained by Builder from any master developer or other party overseeing the marketing of the community where the Homesites are located.