Common use of Unit Appraisal Clause in Contracts

Unit Appraisal. Lender shall have approved the Unit Appraisal for the type of Unit in question in compliance with Section 3.16. The Appraised Value for the type of Unit shall have been approved by Lender.

Appears in 2 contracts

Sources: Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes), Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes)

Unit Appraisal. Lender Bank shall have approved the Unit Appraisal for the type of Unit in question in compliance with Section 3.163.14. The Appraised Value for the type of Unit shall have been approved by LenderBank.

Appears in 1 contract

Sources: Borrowing Base Revolving Line of Credit Agreement (William Lyon Homes)