Common use of ACCEPTABILITY OF MANAGEMENT OF THE MORTGAGED PROPERTY Clause in Contracts

ACCEPTABILITY OF MANAGEMENT OF THE MORTGAGED PROPERTY. Borrower shall provide management of the Mortgaged Property in a manner consistent with Program Obligations and acceptable to HUD. At HUD's discretion, HUD may require replacement of the management or require Borrower take such actions as shall cause the Project to conform to Program Obligations.

Appears in 3 contracts

Samples: Healthcare Regulatory Agreement, Healthcare Regulatory Agreement, downloads.regulations.gov

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ACCEPTABILITY OF MANAGEMENT OF THE MORTGAGED PROPERTY. Borrower shall provide management of the Mortgaged Property in a manner consistent with Program Obligations and acceptable to HUD. At HUD's reasonable discretion, HUD may require replacement of the management or require Borrower take such actions as shall cause the Project to conform to Program Obligations.Obligations.[This last (highlighted)

Appears in 1 contract

Samples: Healthcare Regulatory Agreement

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