Rent Restrictions. On each and every occasion during the Term that Rent Restrictions shall be in force, then and in each and every case:
Rent Restrictions. Rental Assistance may not be provided for a housing unit, unless the total rent for the unit does not exceed the fair market rent established by HUD, as provided under 24 C.F.R §982.503, or as has otherwise been approved by TDHCA in writing. and complies with HUD’s standard of rent reasonableness, as established under 24 C.F.R 982.507 ESG Subrecipient must maintain written documentation evidencing compliance with rent restrictions.
Rent Restrictions. If at the commencement of, or at any time or times during the term of this lease, the fixed rent or additional rent reserved in this lease shall be or become uncollectible by virtue of any law, governmental order or regulation, the Tenant shall enter into such agreements and take such other steps (without additional expense to the Tenant) as the Landlord may reasonably request and as may be legally permissible to permit the Landlord to collect the maximum amounts which may from time to time be legally collectible while such restrictions are in effect (and not in excess of the amounts reserved for under this lease). Upon the termination of such rent restrictions (a) the fixed rent and additional rent shall become and thereafter be payable in accordance with the terms of this lease, and (b) the Tenant shall pay to the Landlord, if legally permissible, an amount equal to (i) the rent which would have been paid during the period had such restrictions not been in effect, less (ii) the rents which were paid by the Tenant to the Landlord during the period such restrictions were in effect.
Rent Restrictions. 37. In the event the Fixed Rent or any Additional Rent shall become uncollectible by virtue of any Federal, State, County or City law, order or regulation, or by any direction of a public officer or body pursuant to law, Tenant shall enter into such agreement or agreements and take such other action (without additional expense to Tenant) as Landlord may request, as may be legally permissible, to permit Landlord to collect the maximum Fixed Rent and Additional Rent which may, from time to time during the continuance of such legal rent restriction, be legally permissible, but not in excess of the amounts of Fixed Rent or Additional Rent payable under this Lease. Upon the termination of such legal rent restriction, (a) the Fixed Rent and Additional Rent, after such termination, shall become payable under this Lease in the amount of the Fixed Rent and Additional Rent set forth in this Lease for the period following such termination and (b) Tenant shall pay to Landlord, if legally permissible, an amount equal to (i) the Fixed Rent and Additional Rent which would have been paid pursuant to this Lease, but for such rent restriction, less (ii) the Fixed Rent and Additional Rent paid by Tenant to Landlord during the period that such rent restriction was in effect. ESCALATION:
Rent Restrictions. Rent must meet ❖ Fair Market Rent established by HUD and ❖ HUD’s standards of Rent Reasonableness
Rent Restrictions. If, at any time during the Term, restrictions are imposed by any statute for the control of rent which prevent or prohibit wholly or partly the operation of the rent review provisions contained in this clause or which operate to impose any limitation, whether in time or amount, on the collection and retention of any increase in the Principal Rent or any part then and in each case respectively:-
Rent Restrictions. Rental assistance paid hereunder may not be provided for a housing unit under this program unless the total rent for the Rental Unit complies with the United States Department of Housing and Urban Development’s (“HUD”) standard of rent reasonableness, as established under 24 C.F.R. Section 982.507. The Program must maintain written documentation evidencing compliance with rent restrictions.
Rent Restrictions. If the fixed rent or any additional rent shall be or become uncollectible by virtue of any law, governmental order or regulation, or direction of any public officer or body, Tenant shall enter into such agreement or agreements and take such other action (without additional expense to Tenant) as Landlord may request, as may be legally permissible, to permit Landlord to collect the maximum fixed rent and additional rent which may, from time to time during the continuance of such legal rent restriction be legally permissible, but not in excess of the amounts of fixed rent or additional rent payable under this lease. Upon the termination of such legal rent restriction, (a) the fixed rent and additional rent, after such termination, shall become payable under this lease in the amount of the fixed rent and additional rent set forth in this lease for the period following such termination, and (b) Tenant shall pay to Landlord, if legally permissible, an amount equal to (i) the fixed rent and additional rent which would have been paid pursuant to this lease, but for such rent restriction, less (ii) the fixed rent and additional rent paid by Tenant to Landlord during the period that such rent restriction was in effect.
Rent Restrictions. If the amount of the Rents payable under this Lease exceeds that allowed by the terms of any valid government restriction that limits the amount of rent or other charges that a commercial lessor may charge or collect, the amount of Rents payable under this Lease shall be the maximum permitted by such restriction for the period of time during which such restriction remains in effect. All increases in Rents provided for in this Lease shall, however, to the extent permitted by law, be calculated upon the amount of the Rents that would have been payable in the absence of such restriction, and, effective as of the expiration of such restriction, the Rents payable hereunder shall be increased to the amount that would have prevailed had such restriction never been in effect. Moreover, to the fullest extent permitted by law, on the first due date for an installment of Rent following expiration of such restriction, Tenant shall pay to Landlord, as additional rent, an amount equal to the difference between the amount of Rents that Tenant would have paid if such restriction had not been in force and the amount of Rents actually paid by Tenant during the period in which such restriction remained in effect.
Rent Restrictions. If any of the Rent payable under the terms of this Lease shall be or become uncollectible, reduced or required to be refunded because of any Laws (as hereinafter defined), Tenant shall enter into such agreement(s) and take such other steps as Landlord may request and as may be legally permissible to permit Landlord to collect the maximum rents which from time to time during the continuance of such legal rent restriction may be legally permissible (and not in excess of the amounts reserved therefor under this Lease). Upon the termination of such legal rent restriction, (a) the rents shall become and thereafter be payable in accordance with the amounts reserved herein for the periods following such termination and (b) Tenant shall pay to Landlord, to the maximum extent legally permissible, an amount equal to (i) the rents which would have been paid pursuant to this Lease but for such legal rent restriction less (ii) the rents and payments in lieu of rents paid by Tenant during the period such legal rent restriction was in effect.
