HAP Contracts definition

HAP Contracts shall have the meaning set forth in Section 4.6.1.
HAP Contracts means, collectively, (a) that certain Section 8 Project-Based Voucher Program PBV Housing Assistance Payment Contract with respect to the Pinecrest Apartments, providing subsidies for a total of three (3) units, and (b) that certain Section 8 Project-Based Voucher Program PBV Housing Assistance Payment Contract with respect to the Terrace Xxxx Apartments, providing subsidies for a total of four (4) units, each of which shall have an initial term of twenty (20) years, with an automatic twenty (20) year renewal, and shall otherwise be in form and substance approved by Bondowner Representative.
HAP Contracts means those certain Housing Assistance Payment Contracts listed on Schedule 1.1.64(a).

Examples of HAP Contracts in a sentence

  • For MFH loans, assignment of Housing Assistance Payments (HAP) Contracts will be obtained.

  • A report developed in Program Software entitled Admin Fee Payments, located under HCV/Resident Processing/Agent Reports will show a printout of all HAP Contracts active as of the first of the current month.

  • Projects supported by USDA Rental Assistance or Section 8 HAP Contracts must submit copies of the most recent USDA/HUD approved utility allowance and rent schedule.

  • Where the PHA converts assistance of a public housing project to Section 8 PBRA, the HAP Contract will generally be administered by HUD’s Office of Housing, unless later assigned to a PHA that is under ACC with HUD for the purpose of administering project-based Section 8 HAP Contracts.

  • All units that were assisted under the HAP Contract(s) are restricted for the term of the Use Agreement to occupancy by eligible families in accordance with HUD requirement under the HAP Contract and this Rider and rent payments by these families shall not exceed 30% of adjusted monthly income or the contract rent, whichever is less.

  • Not more than 15 percent of the Section 8 project-based dwelling units that initially become available for occupancy under Section8 Housing Assistance Payments (HAP) Contracts on or after October 1, 1981 shall be available for leasing by low in- come families other than families that are very low income families at the time of admission to the Section 8 pro- gram.

  • Project/Activity: Federal Financing Bank (FFB) Risk Sharing Initiative, Underwriting of Projects with Section 8 HAP Contracts.

  • Properties assisted by the following types of Project-Based Rental Assistance (PBRA) Housing Assistance Payments (HAP) Contracts: a.

  • General Program Description Under the First Component of RAD, PHAs may choose between two forms of Section 8 Housing Assistance Payment (HAP) Contracts: project-based vouchers (PBVs) or project-based rental assistance (PBRA).

  • A.2) Filing Instructions: Remove:Insert:Page Guide dated August 2015Guide dated 06/30/17 Section 8 Renewal Policy Guidance for the Renewal of Project-Based Section 8 HAP Contracts Office of Multifamily HousingThe information collection requirements contained in this document are pending approval by the Office of Management and Budget (OMB) under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501-3520) and assigned OMB control number 2502-0507 and 2502-0587.


More Definitions of HAP Contracts

HAP Contracts means the HUD Housing Assistance Payments contracts by and between HUD and the Partnerships, pertaining to each Property.
HAP Contracts means those certain (i) Humana Alliance Partnership Agreements, (ii) Physician Participation Agreements, and (iii) Revocable License Operating Agreement, each by and between Sellers or one of their Affiliates and Humana Insurance Company and its Affiliates that underwrite or administer health plans, in each case as amended or otherwise modified to date, that are related to the Transferred Markets and are more specifically set forth on Schedule 1.69.
HAP Contracts shall, individually or collectively, mean and refer to the currently in effect (exclusive of subsequent extensions) HUD Section 8

Related to HAP Contracts

  • Cap Contracts means (i) the Cap Contract between the Trustee and the counterparty named thereunder, for the benefit of the Holders of the Class A-1 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group I Cap Contract") and (ii) the Cap Contract between the Trustee and the counterparty thereunder, for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group II Cap Contract").

  • Swap Contracts means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Affiliate Contracts shall have the meaning set forth in Section 4.11(b).

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Seller Contracts means all Contracts (i) relating to the Business under which Seller has or may acquire any rights or benefits, (ii) relating to the Business under which Seller has or may become subject to any obligation or Liability or (iii) by which any of the Purchased Assets or Assumed Liabilities is or may become bound.

  • Specified Contracts has the meaning set forth in Section 4.13(a).

  • Rate Contracts means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and any other agreements or arrangements designed to provide protection against fluctuations in interest or currency exchange rates.

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Cap Contract Any of the Class A-1 Cap Contract, the Class A-2 Cap Contract or the Subordinate Certificates Cap Contract.

  • Swap Agreements means any agreement with respect to any swap, forward, future or other derivative transaction or option or similar agreement entered into by the Borrower or any of its Subsidiaries in order to provide protection to the Borrower and/or its Subsidiaries against fluctuations in future interest rates, currency exchange rates or commodity prices.

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Hedging Contracts means all Interest Rate Contracts, foreign exchange contracts, currency swap or option agreements, forward contracts, commodity swap, purchase or option agreements, other commodity price hedging arrangements, and all other similar agreements or arrangements designed to alter the risks of any Person arising from fluctuations in interest rates, currency values or commodity prices.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Financial Contracts means any arrangement that:

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • IT Contracts means all material agreements or arrangements (whether or not in writing and including those currently being negotiated) under which any third party (including, without limitation, any source code deposit agent) provides or will provide any element of, or services relating to, the IT Systems, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Shared Contracts means contracts pursuant to which a non-affiliated third party provides material services, Intellectual Property, Software or benefits to Seller or one or more of its Affiliates (including the Acquired Companies) in respect of both the Business and any other business of Seller and its Affiliates (other than the Acquired Companies).

  • IP Contracts means all Contracts pursuant to which a party hereto or any of its Affiliates grants or obtains any rights to use Intellectual Property (other than Contracts in which such Intellectual Property is incidental to such Contracts).