Certain Owner Commitments and Agreements Sample Clauses
The "Certain Owner Commitments and Agreements" clause sets out specific obligations and promises that the owner must uphold under the contract. This may include requirements such as providing access to the property, supplying necessary documentation, or refraining from actions that could interfere with the project. By clearly outlining these commitments, the clause ensures that the owner's responsibilities are defined and helps prevent disputes or delays caused by misunderstandings or lack of cooperation.
Certain Owner Commitments and Agreements. At all times during the Term, Owner shall comply and cause the Project to comply with the following commitments, which commitments shall be considered covenants running with the Land (or if Owner's interest is as lessee pursuant to a long term lease, with the leasehold interest) under Louisiana law:
Certain Owner Commitments and Agreements. At all times during the Term, Owner shall comply and cause the Project to comply with the following commitments, which commitments shall be considered covenants running with the land (or if Owner's interest is as lessee pursuant to a long term lease, with the leasehold interest) under State law. The Project shall contain the number of units, by type, for each of the following Area Median Income (“AMI”) levels and Market Rates: