Relocation and Acquisition Sample Clauses
The Relocation and Acquisition clause outlines the terms under which a party may be required or permitted to move from their current premises or transfer their interest in a property, often in the context of a lease or business agreement. This clause typically details the conditions that trigger relocation or acquisition, such as redevelopment, sale, or expansion, and may specify notice periods, compensation, or alternative arrangements for the affected party. Its core practical function is to provide a clear framework for handling changes in occupancy or ownership, thereby minimizing disputes and ensuring both parties understand their rights and obligations in such scenarios.
Relocation and Acquisition. The Grantee agrees to comply with the provisions of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (42 U.S.C. 4601) and 49 CFR 24.
Relocation and Acquisition. The Subrecipient agrees to comply with the provisions of the Uniform Relocation Assistance and Real Property Acquisition Policies of 1970 (42 U.S.C. 4601) and the regulations at 24 CFR 42, which may be amended from time to time.
Relocation and Acquisition. It will comply with:
Relocation and Acquisition. Any relocation or acquisition resulting from activities funded in whole or in part by this Contract shall be in conformance with the provisions of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (40 U.S.C. 4601) and the implementing regulations 24CFR Part 42.
Relocation and Acquisition. In accordance with Exhibit E regarding Relocation Assistance and Real Property Acquisition Policies Act of 1970, and as applicable HOME and CDBG regulations at respectively 24 CFR 92.353 and 24 CFR 570.606, Borrower shall take all reasonable steps to minimize the displacement of persons (families, individuals, businesses, nonprofit organizations and farms) as a result of the Project. As applicable, Borrower shall be responsible for meeting compliance with requirements of the aforementioned regulations and shall include relocation costs in the Project budget to determine total Project costs.