Common use of Authorized Acts Clause in Contracts

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To to acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To to construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To to borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To to execute the Construction Mortgages and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To to prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To to employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To to employ their respective Affiliates to perform services for, or sell goods to, to the Partnership; (8) To to execute contracts with the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To to execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-non- profit Entity; and (10) To to enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex Com- plex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development devel- opment and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction Con- struction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnershippartnership; (8) To execute contracts with FmHA, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnershippartnership; (8) To execute contracts with RECD, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex Com- plex or any other assets of the Partnership; (4) To execute any Permanent Mortgage Commitment, the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction Con- struction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its servicesser- vices; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with the State of Texas or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-public- subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-non- profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent MortgagesMortgage, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages Mortgage or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnershippartnership; (8) To execute contracts with FmHA, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex Partnership Property or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment ComplexPartnership Property; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment ComplexPartnership Property; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex Partnership Property eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment single family home units of the Apartment Complex Partnership Property to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent MortgagesMortgage, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages Mortgage or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnershippartnership; (8) To execute contracts with RECD, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnershippartnership; (8) To execute contracts with the State of Arizona or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-non- profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with FmHA, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with FmHA, the State of Nevada, or the Authority, or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-non- profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or amend or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex Com- plex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development devel- opment and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction Con- struction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy programpro- gram; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, Partnership are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Land, Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which which, subject to MHDC approval, may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with MHDC, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) 8) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (109) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnershippartnership; (8) To execute contracts with FmHA, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, Section 6.5(j) and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, Partnership are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with any Agency, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-non- profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and all other provisions of this Agreement, the General Partners for, in the name and on behalf of the Partnership, are hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the Master Lease, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the General Partners) and to pay reasonable compensation for its services; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with with, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment dwelling units or cause the Master Lease lessee to enter into subleases; (10) to employ such engineers, architects, technicians, accountants, attorneys and other Persons as may be necessary, convenient or incidental to the accomplishment of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entitypurposes of the Partnership; and (1011) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and all other provisions of this Agreement, the Managing General Partners Partner for, in the name and on behalf of the Partnership, are is hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the Managing General Partners deem Partner deems necessary or appropriate in connection with the acquisition, development and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or amend or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the Managing General PartnersPartner) and to pay reasonable compensation for its services; (7) To employ their his respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-subsidy program; (9) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-profit corporation, cooperative or other non-profit Entity; and (10) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State.

Authorized Acts. Subject to Section 6.2, Section 6.3, 6.3 and Section 6.5(h) and all other provisions of this Agreement, the Administrative General Partners Partner for, in the name and on behalf of the Partnership, are Partnership is hereby authorized to do the following in furtherance of the purposes of the Partnership: (1) To acquire by purchase, lease, exchange or otherwise any real or personal property; (2) To construct, rehabilitate, operate, maintain, finance and improve, and to own, sell, convey, assign, mortgage or lease any real estate and any personal property; (3) To borrow money and issue evidences of indebtedness and to secure the same by mortgage, pledge or other lien on the Apartment Complex or any other assets of the Partnership; (4) To execute the Construction and Permanent Mortgages, the other Project Documents and all such other documents as the General Partners deem necessary or appropriate in connection with the acquisition, development development, rehabilitation and financing of the Apartment Complex; (5) To prepay in whole or in part, refinance or modify the Construction and Permanent Mortgages or any other financing affecting the Apartment Complex; (6) To employ the Management Agent (which may be an Affiliate of the a General PartnersPartner) and to pay reasonable compensation for its servicesservices subject to the rights of the Managing General Partner set forth in Article XI; (7) To employ their respective Affiliates to perform services for, or sell goods to, the Partnership; (8) To execute contracts with any Agency, the State or any subdivision or agency thereof or any other government agency to make apartments or tenants in the Apartment Complex eligible for any public-public- subsidy programprograms; (9) 8) To execute leases of some or all of the apartment units of the Apartment Complex to a public housing authority and/or to a non-non- profit corporation, cooperative or other non-profit Entity; and; (109) To enter into any kind of activity and to perform and carry out contracts of any kind which may be lawfully carried on or performed by a partnership and to file all certificates and documents which may be required under the laws of the State; and (10) To approve within thirty (30) days of receipt all operating and capital improvement budgets prepared by the Management Agent under the supervision of the Managing General Partner which approval will not be unreasonably withheld.