Section 8 ACC definition
Examples of Section 8 ACC in a sentence
Upon a violation of any provision, covenant, condition, or obligation of this ▇▇▇▇ by Owner (an “Owner Breach”, provided, that a breach of or default under Section 9, below, is not an Owner Breach and is not subject to this Section 8), ACC shall have the right to give written notice thereof to Owner.
Subject to the terms of Section I.(C), Manager acknowledges that, pursuant to and in accordance with the Section 8 ACC (as defined in Exhibit A), up to forty-five (45) dwelling units in Facility are to be set aside and operated and maintained as “Project Units” in accordance with the Applicable Section 8 Requirements (as defined in Exhibit A).
Under the terms of the Section 8 ACC, the Project Units will receive Operating Subsidies (as defined in Exhibit A).