Lot or Lot

Lot or Lot. Shall mean those portions of the Property designated as such in Exhibit A, which, as a result of the approval of the applicable jurisdiction and recordation of the respective plats therefore in the real property records of Arapahoe County, Colorado, are, or will be prior to Closing of the respective conveyance of title thereto as provided hereunder, fully subdivided and separately conveyable lots, with all necessary... development-ready services to the 1 lot line, according to the applicable laws regarding the subdivision and development of property in Colorado and the applicable county in which the respective Lot is located. For purposes of this Agreement, the term Unit s) is included within the definition of Lots to the extent and as applicable to those Lots upon which properly permitted construction of a Unit had been commenced at the time of Closing hereunder. View More