Common use of Appraisal, Market Study, Financing Commitments Clause in Contracts

Appraisal, Market Study, Financing Commitments. The Developer shall obtain an appraisal, market study, if necessary, and applicable title commitments respecting each Approved Phase and shall timely apply for and make best efforts to obtain, an allocation of Federal low-income housing tax credits, and other financial commitments as necessary to support construction of the Approved Phase.

Appraisal, Market Study, Financing Commitments. The Developer shall obtain an appraisal, market study, study (if necessary, and necessary)and applicable title commitments respecting each Approved Phase and shall timely apply for and make best efforts to obtain, an allocation of tax-exempt bond volume cap and/or Federal lowLow-income housing tax creditsIncome Housing Tax Credits, and other financial commitments as necessary to support construction and permanent financing of the Approved each Phase.