AHIF Affordability Compliance Period definition

AHIF Affordability Compliance Period means the 60-year period commencing upon Effective Date, and expiring at 11:59 p.m. on March , 2075, during which time the Borrower covenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the Restrictive Covenants and Article IV of this Agreement.
Sample 1Sample 2
AHIF Affordability Compliance Period means the 70-year period commencing upon the date all necessary certificates of occupancy are issued by the Arlington County government for one hundred percent (100%) of the apartment units in the Berkeley I Apartments complex and expiring seventy (70) years later at 11:59 p.m., during which time the Borrower covenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the County Restrictive Covenants and Article IV of this Agreement.
Sample 1Sample 2
AHIF Affordability Compliance Period means the 60-year period commencing upon the date the final certificate of occupancy for the last residential apartment unit constructed in Xxxxxxx Place West Apartments is issued by Arlington County and expiring sixty (60) years later at 11:59 p.m., during which time the Borrower covenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the Restrictive Covenants and Article IV of this Agreement.
Sample 1

Examples of AHIF Affordability Compliance Period in a sentence

  • Any such prepayment shall have no effect upon the Borrower’s obligations and covenants under Article IV of this Agreement which shall survive for the full term of the AHIF Affordability Compliance Period.

  • Borrower hereby covenants and agrees for itself, its successors and its assigns that, for the duration of the AHIF Affordability Compliance Period, Borrower shall provide for the competent and responsible management and operation of the Property and any improvements thereon.

  • The Restrictive Covenants and Article IV of the Loan Agreement shall remain in full force for the entire AHIF Affordability Compliance Period regardless of any prepayment of this AHIF Note.

  • Any such Annual Payments shall have no effect upon the Borrower’s obligations and covenants under Article IV of this Agreement which shall survive for the full term of the AHIF Affordability Compliance Period.

  • Subject to the Restrictive Covenants and the Subordination Agreement, the County Board and the Borrower hereby declare their express intent that the covenants and restrictions set forth in this Article IV shall run with the land, and shall bind all successors in title to the Property during the AHIF Affordability Compliance Period, provided however, that upon the expiration of the AHIF Affordability Compliance Period, said covenants and restrictions shall automatically expire.

  • The Restrictive Covenants shall remain effective for the full term of the AHIF Affordability Compliance Period and shall survive the repayment of this AHIF Note.

  • As a material inducement for the County Board’s willingness to enter into this Agreement, and in consideration of the County Board loaning the AHIF Loan funds to the Borrower, the Borrower hereby covenants and agrees for itself, its successors and its assigns, to comply with each restriction and covenant set forth in the Restrictive Covenants and this Article IV throughout the entire AHIF Affordability Compliance Period.

  • To the extent that Tenants pay their own utility charges, the maximum monthly rent shall be reduced by a Utility Allowance, as set forth on Exhibit G hereto (which Exhibit G shall be replaced and updated from time to time by the County Manager or his designee during the term of the AHIF Affordability Compliance Period), or as otherwise agreed to by the Borrower and the County Manager or his designee.

  • Thus, I politely request you to spare 15 minutes from your precious timeto fill up this questionnaire genuinely.

  • The County Restrictive Covenants and Article IV of the Loan Agreement shall remain in full force for the entire AHIF Affordability Compliance Period regardless of any prepayment of this AHIF Note.


More Definitions of AHIF Affordability Compliance Period

AHIF Affordability Compliance Period means the 60-year period commencing upon the date the final certificate of occupancy is issued by Arlington County for the last residential apartment unit rehabilitated pursuant to the Fisher House II Apartment Complex Rehabilitation Project and expiring sixty (60) years later at 11:59 p.m., during which time the Borrower covenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the Amended and Restated AHIF Restrictive Covenants and Article IV of this Agreement.
Sample 1Sample 2
AHIF Affordability Compliance Period means the 60-year period commencing upon the date the final certificate of occupancy for the residential apartment units in Columbia Hills West Apartments is issued by Arlington County and expiring sixty (60) years later at 11:59 p.m., during which time the Borrower covenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the Restrictive Covenants and Article IV of this Agreement.
Sample 1Sample 2Sample 3
AHIF Affordability Compliance Period means the 60-year period commencing uponEffective Date, and expiring at 11:59 p.m. on August , 2074, during which time the Borrowercovenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the Restrictive Covenants and Article IV of this Agreement.
Sample 1
AHIF Affordability Compliance Period means the seventy-five (75) year period commencing upon the In-Service Date and expiring seventy-five (75) years later at 11:59 p.m., during which time the Borrower covenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the County Restrictive Covenants and Article IV of this Agreement.
Sample 1
AHIF Affordability Compliance Period means the 75-year period commencing upon the date the permanent certificate of occupancy for the buildings comprising the Clarendon Court Apartments and one hundred percent (100%) of the residential apartment units in Clarendon Court Apartments is issued by Arlington County and expiring seventy-five (75) years later at 11:59 p.m., during which time the Borrower covenants and agrees for itself, its successors or its assigns to comply with each restriction and covenant set forth in the Restrictive Covenants and Article IV of this Agreement.
Sample 1

Related to AHIF Affordability Compliance Period

  • Distribution Compliance Period means the period that ends 40 days after the completion of the distribution of each Tranche of Notes, as certified by the relevant Dealer (in the case of a non-syndicated issue) or the relevant Lead Manager (in the case of a syndicated issue);

  • Period of Affordability means the time during which HOME Loan financed units must remain affordable to eligible households, as defined by HOME program regulations and this Plan. The Period of Affordability shall commence upon completion of the project and shall run for the period required under HOME regulations or the term of the HOME Loan, whichever is greater. Completion shall be defined as set forth in the HUD regulations for the HOME program.

  • Initial compliance period means the first full three-year compliance period which begins at least 18 months after promulgation, except for the following contaminants: Dichloromethane; 1,2,4-Trichlorobenzene; 1,1,2- Trichloroethane; Benzo[a]pyrene; Dalapon; Di(2-ethylhexyl adipate; Di(2-ethylhexyl) phthalate; Dinoseb; Diquat; Endothall; Endrin; Glyphosate; Hexachlorobenzene; Hexachlorocyclopentadiene; Oxamyl (Vydate); Picloram; Simazine; 2,3,7,8-TCDD (Dioxin); Antimony; Beryllium; Cyanide; Nickel; and Thallium, initial compliance period means the first full three-year compliance period after promulgation for systems with 150 or more service connections (January 1993 -December 1995) and first full three-year compliance period after the effective date of regulation (January 1996 - December 1998) for systems having fewer than 150 service connections.

  • Compliance Period means a period of time that the Development shall conform to all set-aside requirements as described further in the rule chapter and agreed to by the Applicant in the Application.

  • Safety compliance facility means a licensee that is a commercial entity that receives marihuana from a marihuana facility or registered primary caregiver, tests it for contaminants and for tetrahydrocannabinol and other cannabinoids, returns the test results, and may return the marihuana to the marihuana facility.

  • Compliance year means the calendar year beginning with June 1 and ending with May 31 of the following year, for which a Retail Electricity Supplier must demonstrate that it has met the requirements of this Regulation.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Insurance Affordability Program means a program that is one of the following:

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.

  • Long-term inpatient care means inpatient services for

  • Compliance cycle means the nine-year calendar year cycle during which public water systems shall monitor. Each compliance cycle consists of three three-year compliance periods. The first calendar year cycle began January 1, 1993 and ends December 31, 2001; the second begins January 1, 2002 and ends December 31, 2010; the third begins

  • Affordability means a housing unit that satisfies at least one of the following criteria:

  • Department compliance officer means an individual who is:

  • Emission Control Strategy means any device, system, or strategy employed with a diesel-fueled CI engine that is intended to reduce emissions. Examples of emission control strategies include, but are not limited to, particulate filters, diesel oxidation catalysts, selective catalytic reduction systems, alternative fuels, fuel additives used in combination with particulate filters, alternative diesel fuels, and combinations of the above.

  • Compliance Plan means the compliance obligations, program, and procedures described in this Consent Decree at paragraph 13.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.5 of this Regulation.

  • Regulatory Flood Protection Elevation means the “Base Flood Elevation” plus the “Freeboard”. In “Special Flood Hazard Areas” where Base Flood Elevations (BFEs) have been determined, this elevation shall be the BFE plus two (2) feet of freeboard. In “Special Flood Hazard Areas” where no BFE has been established, this elevation shall be at least two (2) feet above the highest adjacent grade.

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Covenant Compliance Event means that Excess Availability at any time is less than the greater of (a) ten (10%) percent of the Line Cap or (b) $7,000,000. For purposes hereof, the occurrence of a Covenant Compliance Event shall be deemed continuing until Excess Availability has exceeded the amounts set forth above for thirty (30) consecutive days, in which case a Covenant Compliance Event shall no longer be deemed to be continuing for purposes of this Agreement. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.

  • Compliance Department means the Chief Compliance Officer of Federated and those other individuals designated by him or her as responsible for implementing this Code and the Associated Procedures.

  • Trading Compliance Policy means the written policy of the Company pertaining to the purchase, sale, transfer or other disposition of the Company’s equity securities by Directors, Officers, Employees or other service providers who may possess material, nonpublic information regarding the Company or its securities.

  • Compliance Forester means the DNR staff person(s) identified in the Pre-Work Conference who perform the compliance inspections, approve Work, recommend payment to the Contract Manager, and manage the Work Schedule.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.