Completion in Stages. Where completion in stages is provided for the number and types of units in each stage, and the initial rents to owner for such units, shall be separately shown in Exhibit C of the contract for each stage. Upon acceptance of the first stage, the owner shall execute the contract and the signature block provided in the contract for that stage. Upon acceptance of each subsequent stage, the owner shall execute the signature block provided in the contract for such stage.
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Samples: Housing Assistance Payments Contract, Contract, www.hud.gov
Completion in Stages. Where completion in stages is provided for for, the number and types of units in each stage, and the initial rents to owner Contract Rents for such units, shall be separately shown in Exhibit C A of the contract Contract for each stage. Upon acceptance of the first stage, the owner Owner shall execute the contract Contract and the signature block provided in the contract Contract for that stage. Upon acceptance of each subsequent stage, the owner Owner shall execute the signature block provided in the contract Contract for such stage.
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