Common use of Amendment or Release Clause in Contracts

Amendment or Release. This Agreement may not be amended without HUD consent. This Agreement shall remain as an encumbrance against the Property unless and until HUD executes a release for recording. This Agreement may only be released by HUD in its sole discretion. In the event that the RAD HAP is, in accordance with all applicable laws and RAD program requirements, not renewed or replaced, HUD shall not unreasonably fail to provide such a release upon the completion of the applicable term of this Agreement.

Appears in 9 contracts

Samples: Rental Assistance Demonstration Use Agreement, Rental Assistance Demonstration Use Agreement, Rental Assistance Demonstration Use Agreement

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Amendment or Release. This Agreement may not be amended without HUD consent. This Agreement shall remain as an encumbrance against the Property unless and until HUD executes a release for recording. This Agreement may only be released by HUD in its sole discretion. In the event that the RAD HAP Contract is, in accordance with all applicable laws and RAD program requirements, not renewed or replaced, HUD shall not unreasonably fail to provide such a release upon the completion of the applicable term of this Agreement.

Appears in 2 contracts

Samples: Rental Assistance Demonstration Use Agreement, Rental Assistance Demonstration Use Agreement

Amendment or Release. This Agreement may not be amended without HUD consent. This Agreement shall remain as an encumbrance against the Property unless and until HUD executes a release for recording. This Agreement may only be released by HUD in its sole discretion. In the event that the RAD HAP is, in accordance with all applicable laws and RAD program requirements, not renewed or replaced, HUD shall not unreasonably fail to provide such a release upon the completion of the applicable term of this Agreement.

Appears in 1 contract

Samples: Rental Assistance Demonstration Use Agreement

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Amendment or Release. This Agreement may not be amended without HUD consent. This Agreement shall remain as an encumbrance against the Property unless and until HUD executes a release for recording. This Agreement may only be released by HUD in its sole discretion. In the event that the RAD HAP is, in accordance with all applicable laws and RAD program requirements, This Agreement may not renewed or replaced, be amended without HUD shall not unreasonably fail to provide such a release upon the completion of the applicable term of this Agreementconsent.

Appears in 1 contract

Samples: Rental Assistance Demonstration Use Agreement

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