Unleased units Sample Clauses

Unleased units. At the time of exe- cution of the Contract, HUD (or the PHA, as appropriate) shall examine the lists of dwelling units leased and not leased, referred to in § 884.211(e) and shall determine whether or not the Owner has met his obligations under that section with respect to any un- leased units. HUD (or the PHA, as ap- propriate) shall state in writing its de- termination with respect to the un- leased units and for which of those units it will make housing assistance payments. The Owner shall indicate in writing his concurrence with this de- termination or his disagreement, re- serving his rights to claim housing as- sistance payments for the unleased units pursuant to the Contract, with- out prejudice by reason of his signing the Contract. Copies of all documents referred to this paragraph shall be fur- nished to HUD in the case of a Private- Owner/PHA Project. § 884.214 Marketing.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Unleased units. At the time the contract is executed, HUD will provide a list of dwelling unit(s) leased as of the effective date of the Contract and a list of the unit(s) not so leased, if any, and shall determine whether or not the owner has met the obligations with re- spect to any unleased unit(s) and for which of those unit(s) vacancy pay- ments will be made by HUD. The owner § 886.335 must indicate in writing either concur- rence with this determination or dis- agreement reserving all rights to claim vacancy payments for the unleased unit(s) pursuant to the contract, with- out prejudice by reason of the owner’s signing the contract. [44 FR 70365, Dec. 6, 1979, as amended at 48 FR 12711, Mar. 28, 1983; 49 FR 17449, Apr. 24, 1984; 65 FR 16427, Mar. 29, 2000] § 886.335 HUD review of agreement and contract compliance. HUD will review project operations at such intervals as it deems necessary to ensure that the owner is in full com- pliance with the terms and conditions of the contract, Regulatory Agree- ment, and Agreement to Enter into a Housing Assistance Contract, if any. The equal opportunity review may be conducted with the scheduled HUD re- view or at any time deemed appro- priate by HUD.
Sample 1Sample 2Sample 3See All (4)

Related to Unleased units

  • Units Interests in the Partnership shall be represented by Units. The Units initially are comprised of one Class: Class A Units. The General Partner may establish, from time to time in accordance with such procedures as the General Partner shall determine from time to time, other Classes, one or more series of any such Classes, or other Partnership securities with such designations, preferences, rights, powers and duties (which may be senior to existing Classes and series of Units or other Partnership securities), as shall be determined by the General Partner, including (i) the right to share in Profits and Losses or items thereof; (ii) the right to share in Partnership distributions; (iii) the rights upon dissolution and liquidation of the Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may or shall be required to redeem the Units or other Partnership securities (including sinking fund provisions); (v) whether such Unit or other Partnership security is issued with the privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which each Unit or other Partnership security will be issued, evidenced by certificates and assigned or transferred; (vii) the method for determining the Total Percentage Interest as to such Units or other Partnership securities; and (viii) the right, if any, of the holder of each such Unit or other Partnership security to vote on Partnership matters, including matters relating to the relative designations, preferences, rights, powers and duties of such Units or other Partnership securities. Except as expressly provided in this Agreement to the contrary, any reference to “Units” shall include the Class A Units and any other Classes that may be established in accordance with this Agreement. All Units of a particular Class shall have identical rights in all respects as all other Units of such Class, except in each case as otherwise specified in this Agreement.

  • Occupancy Restrictions a. At least one Qualified Resident shall continuously occupy the Property as his or her principal place of residence.

  • Partnership Working 7.1 Partnerships will be supported by local authorities on four levels between:

  • - Restriction In Interest f. In the event there is any restriction in interest on the Property it is the duty of the Purchaser to comply with the restriction in interest and ensure that the sale is completed on or before the Completion Date subject to other provisions in these Conditions of Sale. - Foreign Citizen / Company

  • Bargaining Units The bargaining units shall consist of:

Time is Money Join Law Insider Premium to draft better contracts faster.