Common use of Lease Requirements Clause in Contracts

Lease Requirements. Prior to rental of any of the Property, the Developer shall submit a standard lease form to the City and Authority for its approval. The City and Authority and shall reasonably approve such lease form upon finding that such lease form is consistent with this Agreement and contains all of the provisions required pursuant to the HOME Program and the HOME Regulations. The Developer shall enter into a written lease, in the form approved by the City and Authority, with each tenant of the Property. No lease shall contain any of the provisions which are prohibited pursuant to Section 92.253 of the HOME Regulations.

Appears in 5 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement, Affordable Housing Agreement

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Lease Requirements. Prior to rental of any of the Property, the Developer shall submit a standard lease form to the City and Authority Agency for its approval. The City and Authority Agency and shall reasonably approve such lease form upon finding that such lease form is consistent with this Agreement and contains all of the provisions required pursuant to the HOME Program and the HOME Regulations. The Developer shall enter into a written lease, in the form approved by the City and AuthorityAgency, with each tenant of the Property. No lease shall contain any of the provisions which are prohibited pursuant to Section 92.253 of the HOME Regulations.

Appears in 1 contract

Samples: Affordable Housing Agreement

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Lease Requirements. Prior to rental of any of the Property, the Developer shall submit a standard lease form to the City and Authority Agency for its approval. The City and Authority Agency and shall reasonably approve such lease form upon finding that such lease form is consistent with this Agreement and contains all of the provisions required pursuant to the HOME Program and the HOME Regulations. The Developer shall enter into a written lease, in the form approved by the City and AuthorityAgency, with each tenant of the Property. No lease shall contain any of the provisions which are prohibited pursuant to Section 92.253 of the HOME Regulations.

Appears in 1 contract

Samples: Affordable Housing Agreement

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