Per Lot Amount definition
Per Lot Amount means the per lot amount set forth on the applicable A&D Project Addendum.
Examples of Per Lot Amount in a sentence
Per Lot Amount (by product line): $ per Developed Lot Curtailment Requirement: $ on or before and $ every months thereafter.
The Redemption Note shall not bear interest and shall be payable by the Venture to Oriole by paying Oriole the Per Lot Amount for each lot for which a contact of sale is entered into by the Venture on the earlier to occur of (i) the closing of the conveyance of the lot; or (ii) that date which is five (5) months after the date a building permit for a dwelling to be constructed on the lot under a contract with a purchaser was obtained by the Venture.