QHT definition
QHT means a Disposition by the Borrower or applicable Subsidiaries (including for purposes of this definition by way of Restricted Payment) of any of the Homebuilding Assets through one or more transactions (including, without limitation, any sale, transfer, license, lease or other disposition) or through the distribution to the Borrower’s shareholders of Equity Interests in any of the Homebuilding Assets (including, without limitation, investments in any such QHT in an amount not to exceed, in the aggregate for all QHTs, $35,000,000), but excluding any Disposition described in Section 8.05(f)(i).