Lot Yield definition
Lot Yield means the number of Residential Lots that are suitable for a Detached Dwelling that may be created in accordance with and under the Project Approval.
Examples of Lot Yield in a sentence
With respect to each unit or phase of the Development Projects, Schedule 7.15(a) also sets forth the number of residential lots projected to be yielded by such unit or phase (the "Projected Lot Yield"), the project costs paid to the date hereof, a copy of the current development budget and the projected schedule for completion of such unit or phase.