14 unchanged sentences
These mortgages have various maturities spread over the next two to three years and are paid off as homes are delivered.
−Removed: In addition, does not include our $ 125.0 million Secured Credit Facility under which there were no borrowings outstanding as of October 31, 2024 .
−Removed: The revolving loans thereunder have a maturity of June 30, 2026 and borrowings bear interest, at K.
−Removed: Hovnanian ’ s option, at either (i) a term secured overnight financing rate (subject to a floor of 3.00 %) plus an applicable margin of 4.50 % or (ii) an alternate base rate (subject to a floor of 4.00 %) plus an applicable margin of 3.50 %.
+Added: In addition, it does not include our $ 125.0 million Secured Credit Facility under which there were no borrowings outstanding as of October 31, 2025 .
+Added: The revolving loans under the Secured Credit Facility have a maturity of June 30, 2028 and borrowings bear interest, at K.
+Added: Hovnanian ’ s option, at either (i) a term SOFR (subject to a floor of 3.00 %) plus an applicable margin of 4.50 % or (ii) an alternate base rate (subject to a floor of 3.00 %) plus an applicable margin of 3.50 %.
In addition, K.
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.