Common use of Compliance Review Clause in Contracts

Compliance Review. During the Term, Developer agrees to permit the GLO, HUD, and/or a designated representative of the GLO or HUD to access the Property for the purpose of performing Compliance-Monitoring Procedures. In accordance with GLO Compliance-Monitoring Procedures, the GLO or HUD will periodically monitor and audit Developer’s compliance with the requirements of this Agreement, the CDBG-DR Regulations, the CDBG Multifamily Rental Housing Guidelines, and any and all other Governmental Requirements during the Term. In conducting any compliance reviews, the GLO or HUD will rely primarily on information obtained from Developer’s records and reports, on-site monitoring, and audit reports. The GLO or HUD may also consider other relevant information gained from other sources, including litigation and citizen complaints. 5.04 HAZARDOUS MATERIALS: INDEMNIFICATION

Compliance Review. During the Term, Developer agrees to permit the GLO, HUD, and/or a designated representative of the GLO or HUD HUD, to access the Property for the purpose of performing Compliance-Compliance Monitoring Procedures. In accordance with GLO Compliance-Monitoring Procedures, the The GLO or HUD will periodically monitor and audit Developer’s compliance with the requirements of this Agreement, the CDBG-DR CDBG Regulations, the CDBG Multifamily Single Family Rental Housing Guidelines, and any and all other Governmental Requirements Requirements, in accordance with GLO Compliance Monitoring Procedures during the Termterm. In conducting any compliance reviewsits Compliance Review, the GLO or and HUD will rely primarily on information obtained from Developer’s records and reports, findings from on-site monitoring, and audit reports. The GLO or and HUD may also consider other relevant information gained from other sources, including litigation and citizen complaints. 5.04 HAZARDOUS MATERIALS: INDEMNIFICATION.

Compliance Review. During the Term, Developer Xxxxxxxxx agrees to permit the GLO, HUD, and/or a designated representative of the GLO or HUD to access the Property for the purpose of performing Compliance-Monitoring Procedures. In accordance with GLO Compliance-Monitoring Procedures, the GLO or HUD will periodically monitor and audit Developer’s compliance with the requirements of this Agreement, the CDBG-DR Regulations, the CDBG Multifamily Rental Housing Guidelines, and any and all other Governmental Requirements during the Term. In conducting any compliance reviews, the GLO or HUD will rely primarily on information obtained from Developer’s records and reports, on-site monitoring, and audit reports. The GLO or HUD may also consider other relevant information gained from other sources, including litigation and citizen complaints. 5.04 HAZARDOUS MATERIALS: INDEMNIFICATION.