Regulatory Agreement definition

Regulatory Agreement means the regulatory agreement between HPD and the Owner establishing certain controls upon the operation of the Exemption Area during the term of the Exemption.

Regulatory Agreement shall have the meaning set forth in Section 4.12.3.

Regulatory Agreement has the meaning given to that term in Section 3.11 of this Agreement.

Examples of Regulatory Agreement in a sentence

• County acknowledges that prior to the date of this Regulatory Agreement, Borrower submitted to County and County approved, a management agreement.

• If Borrower is or becomes Operator, Borrower shall execute a Supplemental Healthcare Regulatory Agreement – Operator (Form HUD-92467A-ORCF, modified as required by HUD) upon terms acceptable to HUD and a Supplemental Operator Security Agreement (Form HUD-92323-ORCF, modified as required by HUD) and deposit account control agreements in form and substance satisfactory to HUD and Lender.

• Concurrently with the execution of this Regulatory Agreement, and annually thereafter not later than seventy- five (75) days after the close of each calendar year (December 31) thereafter, Owner shall submit, in a form that is acceptable to the County, a projected operating budget and cash flow for the Project to the County.

• Borrower shall require Operator to comply with the terms of the Operator’s Regulatory Agreement and shall set forth such requirements, or cause such requirements to be set forth, in any Borrower-Operator Agreement.

• Any Operator (including Borrower) must be approved by HUD and shall execute a Supplemental Healthcare Regulatory Agreement – Operator (Form HUD-92467A-ORCF, upon such terms as are acceptable to HUD and a Supplemental Operator Security Agreement (Form HUD-92323A-ORCF, modified as required by HUD) and deposit account control agreements in form and substance satisfactory to HUD and Lender.

More Definitions of Regulatory Agreement

Regulatory Agreement means this Regulatory Agreement and Declaration of Restrictive Covenants, as it may be supplemented and amended from time to time.

Regulatory Agreement has the meaning set forth in Section 3.1(mm).

Regulatory Agreement means that certain Regulatory Agreement and Declaration of Restrictive Covenants, dated as of the date hereof, by and among the Governmental Lender, the Borrower and the Fiscal Agent, as hereafter amended or modified.

Regulatory Agreement means the regulatory agreement between either (i) HPD and the Owner, or (ii) HPD, HDC and the Owner, that is executed on or after November 1, 2021 and that establishes certain controls upon the operation of the Exemption Area during the term of the Exemption.

Regulatory Agreement means the agreement specified in Section 10035.

Regulatory Agreement has the meaning set forth in Section 3(q)(i).

Regulatory Agreement means the written agreement between the Department and the Sponsor that will be recorded as a lien on the Rental Housing Development to control the use and maintenance of the Project, including restricting the rent and occupancy of the Assisted Units.