Common use of Automatic Amendments Clause in Contracts

Automatic Amendments. Notwithstanding any terms within this Agreement, in the event that (i) HUD imposes new or modified requirements on existing HOME-assisted projects through regulation, administrative notice, publication, or other notice, or (ii) HUD specifically identifies violations of HOME Program requirements pertaining to this Agreement or the Project, Owner agrees to comply with any new or modified requirements to ensure the Project remains in or is brought into compliance with such requirements, whether or not the new or modified requirements are stated in the Agreement or in subsequent amendments. If ADFA determines that such new or modified requirements should be included in the Agreement by way of an amendment, Owner further agrees to execute any such amendment. ADFA reserves the right to implement additional policies as needed.

Automatic Amendments. Notwithstanding any terms within this AgreementDeclaration, in the event that (i) HUD imposes new or modified requirements on existing HOME-assisted projects through regulation, administrative notice, publication, or other notice, or (ii) HUD specifically identifies violations of HOME Program requirements pertaining to this Agreement Declaration or the Project, Owner agrees to comply with any new or modified requirements to ensure the Project remains in or is brought into compliance with such requirements, whether or not the new or modified requirements are stated in the Agreement Declaration or in subsequent amendments. If ADFA determines that such new or modified requirements should be included in the Agreement Declaration by way of an amendment, Owner further agrees to execute any such amendment. ADFA AFDA reserves the right to implement additional policies as needed.

Automatic Amendments. Notwithstanding any terms within this Agreement, in the event that (i) HUD imposes new or modified requirements on existing HOMEHTF-assisted projects through regulation, administrative notice, publication, or other notice, or (ii) HUD specifically identifies violations of HOME HTF Program requirements pertaining to this Agreement or the Project, Owner agrees to comply with any new or modified requirements to ensure the Project remains in or is brought into compliance with such requirements, whether or not the new or modified requirements are stated in the Agreement or in subsequent amendments. If ADFA determines that such new or modified requirements should be included in the Agreement by way of an amendment, Owner further agrees to execute any such amendment. ADFA reserves the right to implement additional policies as needed.