Common use of Model Units Clause in Contracts

Model Units. Each Model Unit may be included in Eligible Assets for not more than thirty-six (36) months from the applicable Unit Eligibility Date.

Appears in 2 contracts

Sources: Credit Agreement (Landsea Homes Corp), Credit Agreement (Landsea Homes Corp)

Model Units. Each Subject to Sections 3.3(d), 3.4 and 3.5, each Model Unit may be included in Eligible Assets for not more than thirty-six (36) months from the applicable Unit Eligibility Date.

Appears in 1 contract

Sources: Credit Agreement (Landsea Homes Corp)