HAP Contract Sample Clauses

HAP Contract. Concurrently with Initial Closing, the Partnership shall obtain the HAP Contracts covering all 226 units in the Apartment Complex for 20 years and on other terms and conditions as AHF Consents. If there are Operating Deficits due to a termination, amendment or modification of the HAP Contract or loss in rental assistance under the HAP Contract for any reason, then, whether or not the Initial Period has expired, Wichita GP shall provide Operating Deficit Loans until the expiration of the Compliance Period and no ODG Cap shall apply.
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HAP Contract. The housing assistance payments contract between the PHA and the owner. The PHA pays housing assistance payments to the owner in accordance with the HAP contract.
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HAP Contract. (a) The occurrence of a default by Borrower under the AHAP Contract or the HAP Contract that is not cured within the cure period set forth in such document, or the failure of satisfaction by Borrower of all conditions precedent to the availability of Section 8 Payments for the Project as set forth in the AHAP Contract or the HAP Contract, (b) the withdrawal of consent by the Contract Administrator to the assignment of the AHAP Contract, the HAP Contract or the Section 8 Payments in favor of Bondowner Representative which is not cured within thirty (30) days thereafter, or (c) the amendment, reduction, modification, termination, rescission or cancellation of the AHAP Contract, the HAP Contract or the Section 8 Payments without the prior written consent of Bondowner Representative.
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HAP Contract. Disbursements pursuant to the HAP Contract shall be made according to the terms of the HAP Contract during the term thereof and this Agreement. Annually during the term of the HAP Contract, not later than thirty (30) days prior to the commencement of Developer’s fiscal year, Developer shall submit to Authority a Certification of Continuing Program Compliance in a form provided by Authority and Agency certifying that Developer is in compliance with all requirements set forth in this Agreement and the Regulatory Agreement.
Sample 1
HAP Contract. Borrower hereby agrees to notify Bondowner Representative as soon as possible after Borrower commences communication with the United States Department of Housing and Urban Development or any agent thereof (“HUD”) in connection with any housing assistance payment contract relating to the Project, including without limitation, contracts for project based housing assistance payments made pursuant to Section 8 of the United States Housing Act of 1937, as amended (each a “HAP Contract”). Borrower further agrees that (i) Bondowner Representative (and its counsel) shall be given a reasonable opportunity to review and provide comments on any draft HAP Contract prior to its execution and delivery by the parties thereto, and (ii) concurrently with the execution and delivery of any HAP Contract, Borrower shall execute and deliver to Bondowner Representative, in form and substance satisfactory to Bondowner Representative, an absolute, unconditional and irrevocable assignment of Borrower’s right, title and interest in, to, and under such HAP Contract, together with the right and power to enforce the same. Borrower shall not modify, terminate or surrender any HAP Contract without the prior, written consent of Bondowner Representative, which consent shall not be unreasonably withheld.
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HAP Contract. This lease has been signed by the parties on the expectation that the PHA will promptly execute a HAP contract with the Landlord. This lease shall not become effective unless the PHA has executed a HAP contract with the Landlord effective the first day of the term of the lease.
Sample 1
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HAP Contract. Project Based Section 8 Housing Assistance Payment Contract, if applicable, which shall be executed at Closing, in the form of Attachment F. (Any reference to “HAP Contract” in the singular may be in the Plural.)
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Related to HAP Contract

  • Sub-Contract The contractor shall not subcontract any or all of the supply without written consent of the purchaser. The contractor shall solely be responsible to the Purchaser for all the supply including that of the sub-contractor, if allowed by the purchaser

  • Extra Contract Agreements (a) The Employer agrees not to enter into any agreement or contract with its employees, individually or collectively, which in any way conflicts with the terms and provisions of this Agreement. Any such agreement shall be null and void.

  • SUB-CONTRACTING 31.1. The Authority approves the appointment of the sub-contractors specified in Schedule 10 (Approved Sub-contractors) in respect of the obligations specified in that Schedule.

  • Project contract 1. For each approved project a project contract shall be concluded between the Programme Operator and the Project Promoter.

  • Sample Contract I acknowledge reading and understanding the sample contract. Yes (Yes)

  • 190 Contract Complete This contract is the final expression of the Parties' agreement. There are no understandings, agreements, or representations, expressed or implied, which are not specified in this contract.

  • SUB-CONTRACTS (a) The Servicer may sub-contract or delegate the performance of all or any of its powers and obligations under this Agreement, provided that (but subject to Section 3.2(b)):

  • Cooperative Contract The provisions and pricing of this Contract will be extended to other California local or state governmental entities. Governmental entities wishing to use this Contract will be responsible for issuing their own purchase documents/price agreements, providing for their own acceptance, and making any subsequent payments. Contractor shall be required to include in any Contract entered into with another agency or entity that is entered into as an extension of this Contract a Contract clause that will hold harmless the County of Orange from all claims, demands, actions or causes of actions of every kind resulting directly or indirectly, arising out of, or in any way connected with the use of this contract. Failure to do so will be considered a material breach of this Contract and grounds for immediate Contract termination. The cooperative entities are responsible for obtaining all certificates of insurance and bonds required. The Contractor is responsible for providing each cooperative entity a copy of the Contract upon request by the cooperative entity. The County of Orange makes no guarantee of usage by other users of this Contract. The Contractor shall be required to maintain a list of the cooperative entities using this Contract. The list shall report dollar volumes spent annually and shall be provided on an annual basis to the County, at the County’s request.

  • Length of Contract As a part of your community’s program, your service from DESE will commence with your next available meter reading after processing of enrollment by your electric utility, and will continue for the term as specified in the opt-out notification, ending on your meter read for the last month of service.

  • Separate Agreement The parties hereto acknowledge that certain provisions of the Investment Company Act, in effect, treat each series of shares of an investment company as a separate investment company. Accordingly, the parties hereto hereby acknowledge and agree that, to the extent deemed appropriate and consistent with the Investment Company Act, this Agreement shall be deemed to constitute a separate agreement between the Investment Manager and each Fund.

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