Lot Contract definition

Lot Contract means any lot contract entered into by the Client with a Delivery Contractor pursuant to the Procurement Process;
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Lot Contract means the M/I Homes Agreement.
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Examples of Lot Contract in a sentence

  • FOB: Destination ITEM NO SUPPLIES/SERVICES QUANTITY UNIT UNIT PRICE 0005 1 Lot Contract Data Requirements List (CDRL) FFP Technical Data in accordance with Contract Data Requirements List (CDRL) A001-A005 DD Form 1423.

  • The parties acknowledge and agree that the purchase price for lots to be set forth in the Lot Contract shall be established at a sum equal to 120% of the LLC's cost of delivering finished lots (including, but not limited to, land costs as determined pursuant to Paragraph 7 (d) below, engineering costs incurred by the LLC and all costs of constructing improvements to the Property by the LLC).

  • If, prior to any such termination by either party' the parties agree on the form of the Lot Contract, this right to terminate shall be of no further force or effect.

  • Upon ▇▇▇▇▇▇’▇ actual receipt of the Lot Contract Election Notice or the Phase Election Notice, as applicable, ▇▇▇▇▇▇ shall be fully protected in dealing with Lender as the sole and exclusive holder of Borrower’s rights and obligations under the Lot Contract, and Borrower releases ▇▇▇▇▇▇ from any and all claims and liabilities relating to any dealings of ▇▇▇▇▇▇ and Lender.

  • Real estate taxes and assessments and personal property taxes with respect to the Property shall be assumed from and after the closing under the Parking Lot Contract by Transferee and all such taxes for the year 2007 shall be payable by Transferee.

  • Upon any termination Buyer and Walker shall be obligated to take the actions with respect ▇▇ ▇▇▇ Foundation Lot or Foundation Lot Contract as are set forth in Paragraph 5 above.

  • As provided in more detail in the Finished Lot Contract, the Company and such Member shall carry out adjustments and prorations, settlement statements shall be executed and delivered, and the purchase price for the Lots shall be paid, at the time specified for Closing thereon in the Finished Lot Contract.

  • The LLC will subdivide and develop the Project on the Property and will in turn sell finished lots to USH pursuant to a lot option contract, in form and substance approved by both SCC and USH prior to the end of the Study Period (such approval not to be unreasonably withheld, conditioned or delayed) (the "Lot Contract").

  • Lender and Borrower may renew and extend the maturity date of the Note or any date by which any improvements described in the Loan Documents are required to be complete without ▇▇▇▇▇▇'▇ consent (but any such extension shall not change or extend the applicable Substantial Completion Date or other applicable deadline as set forth in the Lot Contract or the other obligations of Borrower under the Lot Contract).

  • Prorations with respect to the Additional Property not conveyed by Walker to Buyer shall be accomplished between Buyer and the ▇▇▇▇▇rs under the Additional Property Contracts in accordance with the terms of the Additional Property Contracts and prorations with respect to the Foundation Lot shall be accomplished between the Buyer and the Foundation as provided in the Foundation Lot Contract.