Management and Maintenance. a. Borrower is responsible for all maintenance, repair, and management functions, including without limitation, the following: selection of tenants; recertification of family income and size; evictions; collection of Rents; routine and extraordinary repairs; and replacement of capital items. Borrower shall maintain all Residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described below. b. Borrower is responsible for operating the Development in accordance with the Management Plan. All amendments to this plan require prior written approval of the Department. c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph 13. However, such an arrangement does not relieve the Borrower of responsibility for proper performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department approval, for continuing performance of the functions required in subparagraphs a. and b. d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b. e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted Units equally without regard to their designation as Restricted Units or non-Restricted Units.
Appears in 6 contracts
Sources: Regulatory Agreement, Regulatory Agreement, Regulatory Agreement
Management and Maintenance. a. Borrower is responsible for all maintenance, repair, operational and management functionsfunctions related to the Property and the Development, including without limitation, the following: selection of tenants; recertification of family income and size; evictions; collection of Rents; routine and extraordinary repairs; and replacement of capital items. Borrower shall maintain all Residential residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described belowherein.
b. Borrower is responsible for operating the Development in accordance with the Management Plan. All amendments to this plan require prior written approval of the Department.
c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph Paragraph 13. However, such an arrangement does not relieve the Borrower of responsibility for the full, proper and timely performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department written approval, for continuing performance of the functions required in subparagraphs a. and b.
d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b.
e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted Units equally without regard to their designation as Restricted Units or non-Restricted Units.
Appears in 4 contracts
Sources: Regulatory Agreement, Regulatory Agreement, Regulatory Agreement
Management and Maintenance. a. Borrower is responsible for all maintenance, repair, and management functions, including without limitation, the following: selection of tenants; recertification of family income and size; evictions; collection of Rents; routine and extraordinary repairs; and replacement of capital items. Borrower shall maintain all Residential residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described below.
b. Borrower is responsible for operating the Development in accordance with the Management Plan. All amendments to this plan require prior written approval of the Department.
c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph 13. However, such an arrangement does not relieve the Borrower of responsibility for proper performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department approval, for continuing performance of the functions required in subparagraphs a. and b.
d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b.
e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted non-Restricted Units equally without regard to their designation as Restricted Units or non-Restricted Units.
Appears in 2 contracts
Sources: Regulatory Agreement, Regulatory Agreement
Management and Maintenance. a. Borrower is responsible for all maintenance, repair, and management functions, including without limitation, the following: selection of tenants; recertification of family income and size; evictions; collection of Rents; routine and extraordinary repairs; and replacement of capital items. Borrower shall maintain all Residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described below.
b. Borrower is responsible for operating the Development in accordance with the management plan developed by the Borrower and approved by and on file with the Department (the "Management Plan"). All amendments to this plan require prior written approval of the Department.
c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph 13. However, such an arrangement does not relieve the Borrower of responsibility for proper performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department approval, for continuing performance of the functions required in subparagraphs a. and b.
d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b.
e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted Units equally without regard to their designation as Restricted Units or non-Restricted Units.
Appears in 2 contracts
Sources: Regulatory Agreement, Regulatory Agreement
Management and Maintenance. a. Borrower is responsible for all maintenance, repair, and management functions, including without limitation, the following: selection of tenants; , recertification of family income and size; , evictions; , collection of Rents; , routine and extraordinary repairs; , and replacement of capital items. Borrower shall maintain all Residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described below.
b. Borrower is responsible for operating the Development in accordance with the management plan developed by the Borrower and approved by and on file with the Department (the "Management Plan"). All amendments to this plan the Management Plan require prior written approval of the Department.
c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph 13b., above. However, such an arrangement does not relieve the Borrower of responsibility for proper performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. b., above, has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department approval, for continuing performance of the functions required in subparagraphs a. and b.
d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b., above.
e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted Non-restricted Units equally without regard to their designation as Restricted Units or nonNon-Restricted restricted Units.
Appears in 1 contract
Sources: Regulatory Agreement
Management and Maintenance. a. Borrower is responsible for all maintenance, repair, operational and management functionsfunctions related to the Property and the Development, including without limitation, the following: selection of tenants; recertification of family income and size; evictions; collection of Rents; routine and extraordinary repairs; and replacement of capital items. Borrower shall maintain all Residential residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described belowherein.
b. Borrower is responsible for operating the Development in accordance with the Management Plan. All amendments to this plan require prior written approval of the Department.
c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph Paragraph 13. However, such an arrangement does not relieve the Borrower of responsibility for the full, proper and timely performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department written approval, for continuing performance of the functions required in subparagraphs a. and b.
d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b.
e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted non-Restricted Units equally without regard to their designation as Restricted Units or non-Restricted Units.
Appears in 1 contract
Sources: Regulatory Agreement
Management and Maintenance. a. Borrower is specifically responsible for all maintenance, repair, and management functions, including without limitation, the following: selection of tenants; , recertification of family income and size; , evictions; , collection of Rents; rents, routine and extraordinary repairs; , and replacement of capital items. Borrower shall maintain all Residential Unitsunits, common areas and Commercial Space commercial space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described below.
b. Borrower is responsible for operating the Development in accordance with the Management Plan developed by the Borrower as required by the Program, and which is approved by and on file with the Department (the "Management Plan"). All amendments to this plan the Management Plan require prior written approval of the Department.
c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph 13. However, such an arrangement does not relieve the Borrower of responsibility for proper performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department approval, for continuing performance of the functions required in subparagraphs a. and b.
d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b.
e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted Units equally without regard to their designation as Restricted Units or non-Restricted Units.
Appears in 1 contract
Sources: Regulatory Agreement
Management and Maintenance. a. Borrower is responsible for all maintenance, repair, and management functions, including without limitation, the following: selection of tenants; recertification of family income and size; evictions; collection of Rents; routine and extraordinary repairs; and replacement of capital items. Borrower shall maintain all Residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described below.
b. Borrower is responsible for operating the Development in accordance with the management plan developed by the Borrower and approved by and on file with the Department (the "Management Plan"). All amendments to this plan require prior written approval of the Department.
c. Borrower may, with the prior written approval of the Department, contract with a management agent for the performance of the services or duties required in subparagraphs a. and b. of this paragraph 13. However, such an arrangement does not relieve the Borrower of responsibility for proper performance of these duties. Such contract shall be subject to prior written approval by the Department and shall contain a provision allowing the Borrower to terminate the contract without penalty upon no more than thirty (30) days' notice. Upon a determination by the Department, and notice to the Borrower thereof, that the contractor performing the functions required in subparagraphs a. and b. has failed to operate the Development in accordance with this Agreement and the approved Management Plan, the Borrower shall exercise such right of termination forthwith and make immediate arrangements, which shall be subject to Department approval, for continuing performance of the functions required in subparagraphs a. and b.
d. Upon a determination by the Department, and notice to the Borrower thereof, that the Borrower has failed to operate the Development in accordance with this Agreement, the Department may require the Borrower to contract with a qualified management agent to operate the Development, or to make such other arrangements as the Department deems necessary to ensure performance of the functions required in subparagraphs a. and b.
e. Borrower shall operate, maintain and repair both Restricted and non‑Restricted non-Restricted Units equally without regard to their designation as Restricted Units or non-Restricted Units.
Appears in 1 contract
Sources: Regulatory Agreement