Sub Recipient Obligations Sample Clauses

Sub Recipient Obligations. The Sub-Recipient agrees to comply with the following obligations prior to receipt of any funds:
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Sub Recipient Obligations. As a condition of receiving this sub-award, the Sub-recipient shall manage and administer the multifamily rental project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green-building and accessibility, construction, inspection, and completion of the work described in this Agreement. The Sub-recipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this Agreement and applicable Federal statutes and regulations. In addition, Sub-recipient shall subdivide the Property described herein into 2 (two) parcels, one of which will be a parcel for the Family Homeless Shelter (which is funded under a separate sub-recipient agreement) and one which will be for the 17 unit LMI rent housing. Sub-recipient understands and agrees that both parcels shall be deed restricted as set forth in the two sub-recipient agreements and as required for receipt and use of the CDBG-NDR funds. The deed restriction pursuant to this Agreement shall include language approved by the City which includes the requirement that the Property and all improvements on the Property shall meet the affordability requirements for the 20 year Affordability Period set forth in this Agreement and that the property owner shall be responsible for providing the City quarterly status reports showing all units occupancy status throughout the Affordability Period. In addition, any deed relating to the Property described herein shall contain a right of reversion provision if there is any default of either sub-recipient agreement by the Sub-recipient. Sub-recipient shall cause any lien or encumbrance Sub-recipient creates with respect to any portion of the real property or improvements to the real property to be expressly subordinate to the Grantee’s rights of reversion set forth in this Agreement and any deed relating to the real property associated with this Agreement.
Sample 1
Sub Recipient Obligations. Sub-recipient will perform the following services in connection with the BrookLynk program:
Sample 1
Sub Recipient Obligations. As a condition of receiving this subaward, the Sub-recipient shall manage and administer the multifamily rental project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green-building and accessibility, construction, inspection, and completion of the work described in this agreement. The Subrecipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this agreement and applicable Federal statutes and regulations. In addition, the property described herein will be subdivided into 2 (two) parcels by the sub-recipient one of which will be a parcel for the Family Homeless Shelter and one which will be for the 17 unit LMI rent housing which is funded under a separate sub-recipient agreement, and both parcels shall be deed restricted as set forth in the two sub-recipient agreements and as required for receipt and use of the CDBG-NDR funds.
Sample 1
Sub Recipient Obligations. The Sub-recipient will:
Sample 1
Sub Recipient Obligations. As a condition of receiving this sub-award, the Sub-Recipient shall manage and administer construction of the Family Homeless Shelter project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green- building and accessibility, construction, inspection and completion of the work described in this agreement. The Sub-Recipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this agreement and applicable Federal statutes and regulations. Once project is completed, sub-recipient shall operate the project as a Family Homeless Shelter consistent with HUD Emergency Shelter Grant and Continuum of Care program rules and regulations and it is recognized that for the portion of any property which is acquired using CDBG-NDR funds and which is the footprint for the Family Homeless Shelter shall have a restriction on the applicable deed for use of a Family Homeless Shelter. Except as may be referenced in this agreement regarding Program Income, it is acknowledged that method of operation, sources of funds, and any related matters involving operation as Family Homeless Shelter is within the purview of the sub-recipient.
Sample 1
Sub Recipient Obligations. As a condition of receiving this subaward, the Sub-recipient shall manage and administer the multi- family rental project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green-building and accessibility, construction, inspection and completion of the work described in this agreement. The Sub- recipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this agreement and applicable Federal statutes and regulations. In addition, the property described herein will be subdivided into 3 parcels, one of which will be a parcel for the Park South Phase 2 Project.
Sample 1
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Sub Recipient Obligations. As a condition of receiving this sub-award, the Sub-Recipient shall manage and administer construction of the Family Homeless Shelter project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green building and accessibility, construction, inspection and completion of the work described in this agreement. The Sub-Recipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this agreement and applicable Federal statutes and regulations. In addition, the property to be conveyed to YWCA of Minot as a part of this agreement with the address 0000 Xxxxx Xxxxxxxx, Xxxxx, XX be subdivided into 2 parcels by the sub-recipient, one of which will be a parcel for the LMI rental housing which is addressed in a companion sub-recipient agreement, and both parcels shall be deed restricted to Family Homeless Shelter and LMI Rental Housing. Once project is completed, sub-recipient shall operate the project as a Family Homeless Shelter consistent with HUD Emergency Shelter Grant and Continuum of Care program rules and regulations and it is recognized that for the portion of any property which is acquired using CDBG-NDR funds and which is the footprint for the Family Homeless Shelter shall have a restriction on the applicable deed for use of a Family Homeless Shelter. Except as may be referenced in this agreement regarding Program Income, it is acknowledged that method of operation, sources of funds, and any related matters involving operation as Family Homeless Shelter is within the purview of the sub-recipient.
Sample 1
Sub Recipient Obligations 
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Related to Sub Recipient Obligations

  • Client Obligations 3.1 The Client shall:

  • STUDENT OBLIGATIONS The student agrees to use the property as his or her personal residence. The student shall maintain the interior of the property in a reasonably clean and safe condition, use reasonable care in consumption of utilities and services furnished by the landlord, and avoid unreasonable noise or other disruption of the privacy and peaceful enjoyment of the premises by the landlord and other students. The student shall be responsible for any damage to the property beyond reasonable wear and tear by the student, members of the student's family, or persons invited on the property by the student. The student shall not make, or cause to be made, any alterations to the property or its contents without first obtaining the written consent of the landlord. The student agrees to notify the landlord in writing about any needed repairs or violations of the Honor Code or Residential Living Standards involving other students or residents. *The BYU Student agrees to update their residential address on myBYU each semester/term, failure to do so will result in non-compliance fees of up to $175 and housing holds affecting their ability to register.

  • Independent Obligations The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Capital Securities and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee notwithstanding the occurrence of any event referred to in subsections (a) through (g), inclusive, of Section 4.3 hereof.

  • Joint Obligations A. The University and the student share the responsibility for ensuring the quality of life within the residence halls, their maintenance, furnishings and facilities, and for a physical environment secure from fire and other hazards. The University will work with students to promote effective security of persons and property in the residence halls.

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