Common use of Prohibited Conversion Clause in Contracts

Prohibited Conversion. The Owner will not convert the Project to condominium or co- operative ownership, and will not offer any units for sale or "lease to own".

Appears in 2 contracts

Sources: CDBG Prime Regulatory Agreement, CDBG Regulatory Agreement

Prohibited Conversion. The Owner will not convert the Project to condominium or co- co-operative ownership, and will not offer any units for sale or "lease to own".

Appears in 2 contracts

Sources: Regulatory Agreement, Regulatory Agreement

Prohibited Conversion. The Owner will not convert the Project to condominium or co- operative ownership, and will not offer any units for sale or "lease to own".

Appears in 1 contract

Sources: CDBG Regulatory Agreement