Common use of Agreement for Benefit of City Only Clause in Contracts

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future owner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Dwelling Unit; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 4 contracts

Samples: Housing Agreement, Housing Agreement, Housing Agreement and Covenant

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Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future owner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Dwelling UnitUnits; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 2 contracts

Samples: Housing Agreement, Housing Agreement

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future ownerOwner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Dwelling Secured Rental Unit; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 2 contracts

Samples: Housing Agreement, Housing Agreement

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City, and no third party beneficiary is contemplated in, or entitled to any rights under this Agreement; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future ownerOwner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Dwelling UnitUnits; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 2 contracts

Samples: Housing Agreement, Housing Agreement

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future ownerOwner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Dwelling UnitBelow-Market Rental Units; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 2 contracts

Samples: Housing Agreement, Housing Agreement and Section 219 Covenant

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Eligible Tenant, or any future owner, lessee, occupier or user of the Lands or the building Development or any portion thereof, including any Dwelling Non-Market Unit; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 1 contract

Samples: Housing Agreement

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future ownerOwner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Dwelling UnitAffordable Housing Units; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 1 contract

Samples: Housing Agreement

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Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future ownerOwner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Rental Dwelling Unit; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.Owner.β€Œ

Appears in 1 contract

Samples: Housing Agreement

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Tenant, or any future ownerOwner, lessee, occupier or user of the Lands or the building or any portion thereof, including any Dwelling UnitHousing Income Limit Units; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 1 contract

Samples: Housing Agreement

Agreement for Benefit of City Only. The Owner and the City agree that: (a) this Agreement is entered into only for the benefit of the City; (b) this Agreement is not intended to protect the interests of the Owner, any Eligible Tenant, or any future owner, lessee, occupier or user of the Lands or the building Rental Air Space Parcel or any portion thereof, including any Dwelling Non-Market Unit; and (c) the City may at any time execute a release and discharge of this Agreement, without liability to anyone for doing so, and without obtaining the consent of the Owner.

Appears in 1 contract

Samples: Housing Agreement

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