Available Lots definition
Examples of Available Lots in a sentence
Each Completion Notice shall identify the location of the Available Lots and Purchaser may select which of the Available Lots that it will purchase.
Purchaser may elect to defer the Lot purchase schedule and any escalation of the Purchase Price by the same number of days until Seller meets the Available Lots requirement.
The total number of Available Lots at any time under this Agreement and the Related LPAs shall be twenty-four (24) lots.
Such total Available Lots under this Agreement and the Related LPAs may consist of lots for one or more of the Home Types.
An Available Lots List with respect to an Initial Notification shall be given to the AOO within 10 days after the end of each Pre- Marketing Consultation Period.
At such time as Seller has completed the Development Work with respect to a particular group of Available Lots, Seller shall issue and deliver to Purchaser a memorandum certifying to it.
It is understood and agreed that absent such agreement all of the applicable lots or blocks identified in an Initial Notification will be included on the Available Lots List.