Common use of The Phase Clause in Contracts

The Phase. II Improvements have been inspected and finally approved by the appropriate governmental authorities and except for building permits for construction of specific homes and related permits customarily obtained by a builder, the appropriate governmental authorities shall have issued all permits and approvals necessary to begin construction of single family homes on each of the Lots;

Appears in 1 contract

Sources: Construction Loan Agreement (Newmark Homes Corp)

The Phase. II I Improvements have been inspected and finally approved by the appropriate governmental authorities and except for building permits for construction of specific homes and related permits customarily obtained by a builder, the appropriate 4 governmental authorities shall have issued all permits and approvals necessary to begin construction of single family homes on each of the Lots;

Appears in 1 contract

Sources: Construction Loan Agreement (Newmark Homes Corp)