Construction of Affordable Units Sample Clauses

Construction of Affordable Units a. The Parties intend that all of the Affordable Units shall be constructed concurrently with, or earlier than, both the first phase of construction of the Market Rate Units and the hotel. For purposes of this Agreement and the Project Approvals, “concurrent construction,” shall mean the following:
AutoNDA by SimpleDocs
Construction of Affordable Units. ARD and City have agreed that in Phase 3, ARD will construct and sell on the Moderate-Income Lots, the Moderate-Income Units, consisting of one (1) home with two bedrooms/one bath and two (2) homes with three bedrooms/two baths in the approximate location shown and described on Exhibit B in conformance with the provisions of Article 3 herein. Further, ARD and City have agreed that in Phase 3, ARD will construct and sell on the WHIP Lots, the WHIP Units, consisting of two (2) homes with two bedrooms/one bath and three (3) homes with three bedrooms/two baths in the approximate location shown and described on Exhibit B in conformance with the provisions of Article 4 herein.
Construction of Affordable Units. The covenants and conditions herein contained shall apply to and bind, during their respective periods of fee ownership, Developer and its heirs, executors, administrators, successors, transferees, and assignees having or acquiring any right, title or interest in or to any part of the Property and shall run with and burden such portions of the Property until terminated in accordance with this Section 15. Until portions of the Property are released from the burdens of this Agreement pursuant to this Section 15, the owners of fee title to the Property shall expressly make the conditions and covenants contained in this Agreement a part of any deed or other instrument conveying any interest in such property. Upon issuance of final certificates of occupancy for one hundred percent (100%) of the Affordable Units and recordation of the Regulatory Agreement against the Rental Affordable Unit Property, the Property, except for the Affordable Unit Property, shall be released from the burdens of this Agreement.

Related to Construction of Affordable Units

  • Work from Home The following applies when a Producer requires an employee to work remotely from home:

  • Other Methods of Procurement of Consultants’ Services The following table specifies methods of procurement, other than Quality and Cost-based Selection, which may be used for consultants’ services. The Procurement Plan shall specify the circumstances under which such methods may be used. Procurement Method

  • Particular Methods of Procurement of Consultants’ Services 1. Quality- and Cost-based Selection. Except as otherwise provided in paragraph 2 below, consultants’ services shall be procured under contracts awarded on the basis of Quality and Cost-based Selection.

  • OWNER’S RIGHT TO PERFORM CONSTRUCTION AND TO AWARD SEPARATE CONTRACTS § 7.4.1 The Owner reserves the right to perform construction or operations related to the Project with the Owner’s own forces, and to award separate contracts in connection with other portions of the Project.

  • WORKING FROM HOME 51.1. Subject to this clause, the Employer may consider the introduction of working from home arrangements. The introduction of working from home arrangements does not provide for the Employee’s primary place of work to be moved from the Employee’s headquarters/work base to the Employee’s home.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract.

  • Teaching Staff Assigned to More Than One Building Each Educator who is assigned to more than one building will be evaluated by the appropriate administrator where the individual is assigned most of the time. The principal of each building in which the Educator serves must review and sign the evaluation, and may add written comments. In cases where there is no predominate assignment, the superintendent will determine who the primary evaluator will be.

  • RIGHT OF ALLOTTEE TO USE COMMON AREAS AND FACILITIES SUBJECT TO PAYMENT OF TOTAL MAINTENANCE CHARGES The Allottee hereby agrees to purchase the [Apartment/Plot] on the specific understanding that is/her right to the use of Common Areas shall be subject to timely payment of total maintenance charges, as determined and thereafter billed by the maintenance agency appointed or the association of allottees (or the maintenance agency appointed by it) and performance by the Allottee of all his/her obligations in respect of the terms and conditions specified by the maintenance agency or the association of allottees from time to time.

  • Professional Improvement Leave A teacher may be granted leave to be used for the teacher's professional improvement. Professional improvement days may be approved by the superintendent and used for the purpose of:

  • Treatment of Passthru Payments and Gross Proceeds The Parties are committed to work together, along with Partner Jurisdictions, to develop a practical and effective alternative approach to achieve the policy objectives of foreign passthru payment and gross proceeds withholding that minimizes burden.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!