Form 2530 definition
Examples of Form 2530 in a sentence
Except with the express written consent of ▇▇▇▇▇▇ ▇▇▇, the Managing Member shall not cause or permit any Financing to be incurred or assumed by a Project Subsidiary or the Company which would require the filing by the Company or ▇▇▇▇▇▇ Mae of a Form 2530 Participation Certification or similar report with the United States Department of Housing and Urban Development or any successor agency.
Buyers and Sellers shall cooperate with each other and with HUD and provide to HUD all information reasonably requested by HUD in connection with its consideration of the Form 2530.
In the event of a foreclosure on a Subordinate Mortgage Loan, the mortgagee and any other third party who takes possession or ownership of the Mortgaged Property will be required to comply with the requirements of 24 CFR § 200.213, et seq., 24 CFR § 200.217(a)(4), the Regulatory Agreement relating to the FHA-insured senior lien loan and any applicable HUD Handbook requirements, and file a Previous Participation Certification on HUD Form 2530.
Prior to the conveyance, HƯNG ĐẠO and its principals must submit to HUD a “Previous Participation Certification,” HUD Form 2530 in its then current version, a copy of which in its current version is attached to this agreement as Exhibit “C”.
Except as set forth on Schedule 4.31, to the knowledge of Sellers, each of the Partnerships and the Lower Tier Entities has all required HUD consents and approvals to own and operate its Properties as currently owned and operated, all of its required filings with HUD are current, there is no "hold" on its Form 2530, and all fees paid by the Partnerships and the Lower Tier Entities have been in accordance with the rules and regulations promulgated by HUD.