HUD Documents Clause Samples
HUD Documents. Borrower shall timely perform all obligations of Borrower with respect to the HUD Documents. Borrower shall deliver to Bondowner Representative copies, certified by Borrower to be true and correct, of the HUD Documents, the form and content of which shall be subject to Bondowner Representative’s approval. Borrower shall at all times fully and timely comply and cause the Property and Improvements to comply with all applicable terms and conditions of the HUD Documents and shall provide Bondowner Representative with such verification of that compliance from time to time as reasonably requested by Bondowner Representative. Borrower shall not (a) commit any breach or default under any HUD Document; (b) fail to maintain the HUD Documents in full force and effect; or
HUD Documents. Borrower shall have delivered to Bondowner Representative, each in form and substance approved by Bondowner Representative, in its sole and absolute discretion:
(i) That certain RAD New Construction Agreement (for PBVRAD conversions from Public Housing) (the “RAD New Construction Agreement”), pursuant to which Borrower, Contract Administrator and HUD agree to enter into a Section 8 Housing Assistance Payments Contract, including the Rider(s) attached thereto, providing for Section 8 Housing Assistance Payments for at least twenty-three (23) units at the Property (“RAD HAP Contract”);
(ii) Rental Assistance Demonstration Use Agreement between HUD and Borrower (“HUD Use Agreement”); and
(iii) A RAD Conversion Commitment among Borrower, the Housing Authority of Contra Costa County and HUD, relating to the Property (“RCC; and together with the RAD New Construction Agreement, the RAD HAP Contract and HUD Use Agreement, the “HUD Documents”).
HUD Documents. The Disposition Agreement (if required by HUD), the Use Agreement, and any other agreements evidencing the HUD Requirements applicable to the Development.
HUD Documents. Borrower shall have delivered to Bondowner Representative, each in form and substance approved by Bondowner Representative, in its sole and absolute discretion:
(i) That certain Agreement (for RAD conversions from Public Housing) (the “RAD Agreement”), pursuant to which Borrower, Contract Administrator and HUD agree to enter into a Section 8 Housing Assistance Payments Contracts, including the Rider(s) attached thereto, providing for Section 8 Housing Assistance Payments for at least nine (9) units at the Pinecrest Apartments and at least twelve (12) units at the Terrace ▇▇▇▇ Apartments (collectively, “RAD HAP Contract”);
(ii) Rental Assistance Demonstration Use Agreement between HUD and Borrower (“HUD Use Agreement”); and
(iii) A RAD Conversion Commitment among Borrower, the Housing Authority of the County of Contra Costa and HUD, relating to the Property (“RCC; and together with the RAD Agreement, the RAD HAP Contract and HUD Use Agreement, the “HUD Documents”).