Examples of Covenant Agreement in a sentence
Should the units not be converted to homeownership, the Restrictive Covenant Agreement will contain a provision waiving any right to petition the Agency to terminate the extended use term for all units remaining as rental units.
To ensure the continued provision of supportive services, the Restrictive Covenant Agreement will reflect such commitment.
The Applicant will certify this commitment in the Application and the Restrictive Covenant Agreement will contain provisions ensuring enforcement of the related covenants by affected qualified residents.
Terms addressing the accessible units and the subsequent rental of these units will be incorporated in the Restrictive Covenant Agreement.
Net Proceeds resulting from casualty to or condemnation of the Project shall be applied as provided in the Continuing Covenant Agreement and, to the extent consistent therewith, Section 3.01(b)(i) hereof.