Examples of Memorandum of DDA in a sentence
Developer shall have executed, acknowledged (where appropriate) and delivered all documents that Developer is required to deliver into Escrow pursuant to this Agreement, including the Memorandum of DDA, Affordable Housing Covenant, Public Improvement Construction and Maintenance Agreement, Facilities Lease – County Morgue and Health Services Administration, and Parcel J Conservation Easement.
County shall have executed, acknowledged (where appropriate) and delivered into Escrow all documents that County is required to deliver into Escrow pursuant to this Agreement, including the Memorandum of DDA, Grant Deed, Affordable Housing Covenant, Public Improvement Construction and Maintenance Agreement, and Facilities Lease – County Morgue and Health Services Administration.
Disburse funds as provided in Section 2.6.3(g) below and record the Grant Deed, Parcel J Conservation Easement, Memorandum of DDA, Affordable Housing Covenant, Public Improvement Construction and Maintenance Agreement, Facilities Lease – County Morgue and Health Services Administration, and Subordination Agreement when the Developer Conditions Precedent and County Conditions Precedent have been fulfilled or waived in writing by Developer and County, as applicable.
Immediately following recordation of the Grant Deed, Escrow Agent shall record the Parcel J Conservation Easement, then the Memorandum of DDA, then the Affordable Housing Covenant, then the Public Improvement Construction and Maintenance Agreement, then the Facilities Lease – County Morgue and Health Services Administration and Subordination Agreement and thereafter any other recordable documents delivered into Escrow for the Closing.
Deliver one (1) fully-executed original of the DDA and each Lease and conformed copies of the recorded Memorandum of DDA and each Memorandum of Lease to both Parties.
One (1) counterpart original of the Memorandum of DDA in the form attached to the DDA as an exhibit (the “ Memorandum of DDA”), executed by Optionee and notarized.
As used in this Agreement, the term “ Closing” shall mean the recordation of each Memorandum of Lease, the recordation of the Memorandum of DDA and the completion of the deliveries as described in Section 5.2 above.
The Memorandum of DDA, the Memorandum of Ground Lease, the Leasehold Deed of Trust, the Regulatory Agreement, and Notice of Affordability Restrictions shall have been, or concurrently with the Close of Escrow will be, recorded against the Developer's interest in the Property, as liens subject only to the exceptions authorized by the City.
In the event of any inconsistency between the terms, conditions, provisions and covenants of this Memorandum of DDA and the Amended DDA, the terms, conditions and covenants of the Amended DDA shall prevail.
The Developer shall have executed and delivered to the Director the County Grant Deed, the Memorandum of DDA, and any other documents and instruments required under this Agreement to be executed and delivered, all in a form and substance required by or attached to this Agreement, or, if no specific form is required or attached, reasonably satisfactory to the Director.