Common use of Affordable Housing Units Clause in Contracts

Affordable Housing Units. No bedroom or unit in the Property is leased or reserved for lease as an affordable housing unit or for low- or moderate-income residents. The Property is not required to lease or reserve any unit or bedroom as an affordable housing unit or bedroom or for low-income or moderate-income residents pursuant to a presently existing agreement or Applicable Law.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Sentio Healthcare Properties Inc), Purchase and Sale Agreement (Cornerstone Growth & Income REIT, Inc.), Purchase and Sale Agreement (Cornerstone Healthcare Plus Reit, Inc.)

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Affordable Housing Units. No bedroom or unit in at the Property Facility is leased or reserved for lease as an affordable housing unit or for low- low or moderate-moderate income residents. The Property Facility is not required to lease or reserve any unit or bedroom as an affordable housing unit or bedroom or for low-income low or moderate-moderate income residents pursuant to a presently existing agreement or Applicable Lawrequirement of law.

Appears in 3 contracts

Samples: Asset Purchase Agreement (American Realty Capital Healthcare Trust II, Inc.), Asset Purchase Agreement (American Realty Capital Healthcare Trust III, Inc.), Asset Purchase Agreement (American Realty Capital Healthcare Trust III, Inc.)

Affordable Housing Units. No To Seller’s Knowledge, no bedroom or unit in the Property is leased or reserved for lease as an affordable housing unit or for low- or moderate-income residents. The Property is not required to lease or reserve any unit or bedroom as an affordable housing unit or bedroom or for low-income or moderate-income residents pursuant to a presently existing agreement or Applicable Law.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Sentio Healthcare Properties Inc), Purchase and Sale Agreement (Sentio Healthcare Properties Inc)

Affordable Housing Units. No bedroom or unit in the Property at any Facility is leased or reserved for lease as an affordable housing unit or for low- low or moderate-moderate income residents. The Property No Facility is not required to lease or reserve any unit or bedroom as an affordable housing unit or bedroom or for low-income low or moderate-moderate income residents pursuant to a presently existing agreement or Applicable Lawrequirement of law.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (American Realty Capital Healthcare Trust II, Inc.), Assumption Agreement (American Realty Capital Healthcare Trust II, Inc.)

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Affordable Housing Units. No bedroom or unit in the Property at any Facility is leased or reserved for lease as an affordable housing unit or for low- or moderate-income residents. The Property No Facility is not required to lease or reserve any unit or bedroom as an affordable housing unit or bedroom or for low-income or moderate-income residents pursuant to a presently existing agreement or Applicable Lawrequirement of applicable laws.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Realty Capital Healthcare Trust II, Inc.)

Affordable Housing Units. No bedroom or unit in the Real Property is leased or reserved for lease as an affordable housing unit or for low- or moderate-income residents. The Neither the Real Property nor the Facilities is not required to lease or reserve any unit or bedroom as an affordable housing unit or bedroom or for low-income or moderate-income residents pursuant to a presently existing agreement or Applicable Lawapplicable law.

Appears in 1 contract

Samples: Membership Interests Sale and Purchase Agreement (Cornerstone Healthcare Plus Reit, Inc.)

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