Common use of Reserve for Replacements Clause in Contracts

Reserve for Replacements. The Partnership shall fund, establish and maintain a reserve account in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

Appears in 12 contracts

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10), Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

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Reserve for Replacements. The Partnership General Partner shall fund, establish and maintain out of Partnership funds a reserve account in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

Appears in 2 contracts

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund v Lp Series 4), Certification and Agreement (WNC Housing Tax Credit Fund v Lp Series 4)

Reserve for Replacements. The Partnership General Partner shall fund, establish and maintain a reserve account in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

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Reserve for Replacements. The Partnership Company shall fund, establish and maintain a reserve account in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

Appears in 1 contract

Samples: Operating Budget Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

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