Common use of Capital Contribution of Limited Partner Clause in Contracts

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 (representing $1,679,382 for the LIHTC and $447,835 for the Georgia Credits), as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 (representing $237,873 for the LIHTC and $63,439 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 (representing $157,891 for the LIHTC and $42,109 for the Georgia Credits), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 (representing $848,578 for the LIHTC and $226,310 for the Georgia Credits) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $110,246 (representing $87,034 for the LIHTC and $23,212 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 (representing $348,006 for the LIHTC and $92,765 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 2,127,049 (representing $1,679,382 1,679,214 for the LIHTC and $447,835 for the Georgia Credits), as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 (representing $237,873 for the LIHTC and $63,439 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 185,001 (representing $157,891 146,058 for the LIHTC and $42,109 38,943 for the Georgia Credits), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a is form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 300,000 (representing $848,578 236,850 for the LIHTC and $226,310 63,150 for the Georgia Credits) shall be payable on or after June 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, commencing with if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $493,654 (representing $389,740 for the LIHTC and $103,914 for the Georgia Credits) shall be payable on or after July 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the following documentsconstruction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the Construction Inspector's certification of seventytwenty-five percent completion of the total construction, but not payable before July 1, 2002; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance; (de) $110,246 403,463 (representing $87,034 318,534 for the LIHTC and $23,212 84,929 for the Georgia Credits) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of the following documents: construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) a certificate the Construction Inspector's certification of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a ninety percent completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contracttotal construction; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 (representing $348,006 for the LIHTC and $92,765 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 (representing $1,679,382 1,996,971 for the LIHTC and the Georgia Limited Partner shall make a Capital Contribution in the amount of $447,835 532,632 for the Georgia Credits), in each case as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 514,800 (representing $237,873 406,570 for the LIHTC payable by the Limited Partner and $63,439 108,230 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 130,000 (representing $157,891 102,635 for the LIHTC payable by the Limited Partner and $42,109 27,365 for the Georgia CreditsCredits payable by the Georgia Limited Partner), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Georgia Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner or the Georgia Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 300,000 (representing $848,578 236,850 for the LIHTC payable by the Limited Partner and $226,310 63,150 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable on or after June 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $801,647 (representing $632,900 for the LIHTC payable by the Limited Partner and $168,747 for the Georgia Credits payable by the Georgia Limited Partner) shall be payable on or after July 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (e) $252,974 (representing $199,723 for the LIHTC payable by the Limited Partner and $53,251 for the Georgia Credits payable by the Georgia Limited Partner) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five ninety percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance;. (df) $110,246 91,033 (representing $87,034 71,866 for the LIHTC payable by the Limited Partner and $23,212 19,167 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 (representing $348,006 for the LIHTC and $92,765 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 2,413,565 (representing $1,679,382 1,905,406 for the LIHTC and $447,835 508,159 for the Georgia Credits), as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 293,663 (representing $237,873 231,839 for the LIHTC and $63,439 61,824 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 (representing $157,891 157,895 for the LIHTC and $42,109 $ 42,105 for the Georgia Credits), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a is form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 1,365,338 (representing $848,578 1,077,898 for the LIHTC and $226,310 287,440 for the Georgia Credits) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $110,246 111,000 (representing $87,034 87,632 for the LIHTC and $23,212 23,368 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 443,564 (representing $348,006 350,142 for the LIHTC and $92,765 93,422 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 2,413,565 (representing $1,679,382 1,905,406 for the LIHTC and $447,835 508,159 for the Georgia Credits), as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 293,663 (representing $237,873 231,839 for the LIHTC and $63,439 61,824 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 164,983 (representing $157,891 130,254 for the LIHTC and $42,109 34,729 for the Georgia Credits), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a is form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 299,990 (representing $848,578 236,842 for the LIHTC and $226,310 63,148 for the Georgia Credits) shall be payable on or after June 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $794,366 (representing $627,152 for the LIHTC and $167,214 for the Georgia Credits) shall be payable on or after July 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (e) $228,930 (representing $180,740 for the LIHTC and $48,190 for the Georgia Credits) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five ninety percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance; (df) $110,246 187,041 (representing $87,034 147,669 for the LIHTC and $23,212 39,372 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 (representing $348,006 for the LIHTC and $92,765 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 2,529,549 (representing $1,679,382 1,996,970 for the LIHTC and $447,835 532,579 for the Georgia Credits), as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 515,000 (representing $237,873 406,570 for the LIHTC and $63,439 108,430 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 (representing $157,891 for the LIHTC and $$ 42,109 for the Georgia Credits), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 1,241,001 (representing $848,578 979,717 for the LIHTC and $226,310 261,284 for the Georgia Credits) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $110,246 114,348 (representing $87,034 90,273 for the LIHTC and $23,212 24,075 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 459,200 (representing $348,006 362,519 for the LIHTC and $92,765 96,681 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 (representing $1,679,382 1,905,216 for the LIHTC and the Georgia Limited Partner shall make a Capital Contribution in the amount of $447,835 508,210 for the Georgia Credits), in each case as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 293,663 (representing $237,873 231,839 for the LIHTC payable by the Limited Partner and $63,439 61,824 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 164,983 (representing $157,891 130,254 for the LIHTC payable by the Limited Partner and $42,109 34,729 for the Georgia CreditsCredits payable by the Georgia Limited Partner), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Georgia Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner or the Georgia Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 299,990 (representing $848,578 236,842 for the LIHTC payable by the Limited Partner and $226,310 63,148 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable on or after June 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $794,366 (representing $627,152 for the LIHTC payable by the Limited Partner and $167,214 for the Georgia Credits payable by the Georgia Limited Partner) shall be payable on or after July 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (e) $228,930 (representing $180,740 for the LIHTC payable by the Limited Partner and $48,190 for the Georgia Credits payable by the Georgia Limited Partner) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five ninety percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance;. (df) $110,246 187,041 (representing $87,034 147,669 for the LIHTC payable by the Limited Partner and $23,212 39,372 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 (representing $348,006 for the LIHTC and $92,765 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 2,529,549 (representing $1,679,382 1,996,970 for the LIHTC and $447,835 532,579 for the Georgia Credits), as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 514,800 (representing $237,873 406,570 for the LIHTC and $63,439 108,230 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 130,000 (representing $157,891 102,635 for the LIHTC and $42,109 27,365 for the Georgia Credits), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a is form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 300,000 (representing $848,578 236,850 for the LIHTC and $226,310 63,150 for the Georgia Credits) shall be payable on or after June 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $801,647 (representing $632,900 for the LIHTC and $168,747 for the Georgia Credits) shall be payable on or after July 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (e) $252,974 (representing $199,723 for the LIHTC and $53,251 for the Georgia Credits) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five ninety percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance; (df) $110,246 91,053 (representing $87,034 71,886 for the LIHTC and $23,212 19,167 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 (representing $348,006 for the LIHTC and $92,765 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents:

Capital Contribution of Limited Partner. The Limited Partner shall make a Capital Contribution in the amount of $2,127,217 (representing $1,679,382 1,679,046 for the LIHTC and the Georgia Limited Partner shall make a Capital Contribution in the amount of $447,835 447,880 for the Georgia Credits), in each case as may be adjusted in accordance with Section 7.4 of this Agreement, in cash on the dates and subject to the conditions hereinafter set forth; provided, however, that if the Limited Partner withholds the Acquisition Committee Approval before making the payment described under subsection (b) of this Section 7.2, the Limited Partner shall make no further Capital Contribution payments, and the General Partner shall repurchase the Limited Partner's and Special Limited Partner's Interest in the Partnership pursuant to Section 7.3(a). (a) $301,312 (representing $237,873 for the LIHTC payable by the Limited Partner and $63,439 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a legal opinion in a form substantially similar to the form of opinion attached hereto as Exhibit "B" and incorporated herein by this reference; (2) a fully executed Certification and Agreement in the form attached hereto as Exhibit "C" and incorporated herein by this reference; (3) a copy of a title commitment, (in a form and substance satisfactory to the Special Limited Partner) constituting an agreement by such title company to issue the Title Policy within fifteen working days. The title commitment will show the Apartment Housing to be free from liens except the Construction Loan and free from other exceptions not previously approved by the Special Limited Partner. (b) $200,000 185,001 (representing $157,891 146,058 for the LIHTC payable by the Limited Partner and $42,109 38,943 for the Georgia CreditsCredits payable by the Georgia Limited Partner), less an amount equal to the Bridge Fee, if applicable, shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of construction draws pursuant to the Partnership's construction draw disbursement procedure upon the Acquisition Committee Approval and the Limited Partner's receipt and approval of the following documents: (1) a copy of the recorded grant deed (warranty deed); (2) fully executed Construction Loan documents; (3) the construction draw disbursement procedure; (4) Insurance required during construction; (5) A legal opinion in a form acceptable to the Special Limited Partner stating that, with the exception of the construction phase of the Mortgage Loan described at section 1.62(a) (which phase is described at Section 1.31 as the Construction Loan), neither the General Partner(s) of the Partnership nor the Limited Partner nor the Georgia Limited Partner nor the Special Limited Partner will have any liability for the Mortgage represented thereby, and the Mortgage Lender will look only to its security in the Apartment Housing for repayment of the Mortgage Loan; (6) all additional documents identified in the list attached hereto as Exhibit "I"; and (7) any documents previously not provided to the Limited Partner or the Georgia Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (c) $1,074,888 300,000 (representing $848,578 236,850 for the LIHTC payable by the Limited Partner and $226,310 63,150 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable on or after June 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (2) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (3) a determination by the Special Limited Partner that construction financing is In-Balance; (d) $493,654 (representing $389,740 for the LIHTC payable by the Limited Partner and $103,914 for the Georgia Credits payable by the Georgia Limited Partner) shall be payable on or after July 1, 2002 in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure: (1) the Construction Inspector's certification of twenty-five percent completion of the total construction, but not payable before July 1, 2002; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance; (e) $403,463 (representing $318,534 for the LIHTC payable by the Limited Partner and $84,929 for the Georgia Credits payable by the Georgia Limited Partner) shall be payable in monthly installments upon the Special Limited Partner's receipt and approval of the construction draws pursuant to the Partnership's construction draw disbursement procedure, commencing with the Limited Partner's receipt and approval of the following documents: (1) the Construction Inspector's certification of seventy-five ninety percent completion of the total construction; (2) the construction documents required pursuant to Section 14.3(a) of this Agreement, if not previously provided to the Limited Partner; (3) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b); and (4) a determination by the Special Limited Partner that construction financing is In-Balance;. (df) $110,246 443,496 (representing $87,034 349,991 for the LIHTC payable by the Limited Partner and $23,212 93,505 for the Georgia CreditsCredits payable by the Georgia Limited Partner) shall be payable upon the Limited Partner's receipt and approval of the following documents: (1) a certificate of occupancy (or equivalent evidence of local occupancy approval if a permanent certificate is not available) on all the apartment units in the Apartment Housing; (2) a completion certification in a form substantially similar to the form attached hereto as Exhibit "D" and incorporated herein by this reference, indicating that the Improvements have been completed in accordance with the Project Documents; (3) a letter from the Contractor in a form substantially similar to the form attached hereto as Exhibit "F" and incorporated herein by this reference stating that all amounts payable to the Contractor have been paid in full and that the Partnership is not in violation of the Construction Contract; (4) a construction closeout binder, which shall include, but is not limited to, as-built drawings, all operating manuals, and all manufacturers' warranty agreements. In addition, the Contractor shall provide the Partnership a one-year warranty on all parts, materials and work-quality; (5) Insurance required during operations; (6) an endorsement to the Title Policy dated no more than ten days prior to the scheduled Capital Contribution providing an as-built ALTA survey and confirming that there are no liens, claims or rights to a lien or judgments filed against the property or the Apartment Housing during the time period since the issuance of the Title Policy referenced above in Section 7.2(a); (7) any documents previously not provided to the Limited Partner but required pursuant to this Section 7.2 and Sections 14.3(a) and (b). (e) $440,771 (representing $348,006 for the LIHTC and $92,765 for the Georgia Credits) shall be payable upon the Limited Partner's receipt and approval of the following documents: