Eligible Buyers. To permit BROKER, consistent with the terms of this Agreement, to negotiate sales to any and all prospective Buyers of CLIENT'S said products throughout the entire territory defined in Attachment 2, including all customer locations extending beyond the defined territory where the buying office is located within the defined territory or where the customer purchases CLIENT's products through a wholesaler located within the defined territory.
Eligible Buyers. Notices regarding the assigned Receivables shall be sent to the applicable Eligible Buyers. The security interests created pursuant to the Collection Account Pledge Agreement shall be registered with the Romanian Electronic Archive for Security Interests in Movable Property.
Eligible Buyers. The Property identified under this Agreement is designated as homeownership and must be sold to income eligible homebuyers who have completed at least eight hours of homebuyer counseling from a HUD-approved housing counseling agency. To be an income eligible homebuyer, the homebuyer must have income that is less than 120% of the area median income, adjusted for family size. Income certifications must be submitted to and approved by the Authority prior to entering into a sales contract with a buyer. Income certification forms and procedures for closing on homeownership units will be provided by the Authority upon request.
Eligible Buyers. The rehabilitated properties will be sold to low-mod income buyers. The buyers purchasing the rehabilitated home may not earn more than 80% of the HUD-determined Area Median Income (AMI), as that may be revised from time to time by HUD. If any of the homes are offered for rental by BOH, they must be occupied by households having an income which does not exceed 60% of the HUD-determined AMI. In the event BOH is unable to sell the units after being actively marketed for a period of six months after completion and they wish to offer any units for rental, BOH must obtain prior written consent from the DDCD and must also comply with all HOME rental guidelines as specified by HUD.
Eligible Buyers. PRINCIPAL shall permit BROKER, consistent with the teens of this Agreement, to negotiate sales to any and all prospective retailers of PRINCIPAL'S Products throughout the entire Territory.
Eligible Buyers. A. The Town or its agent shall solicit a list of buyers who are income certified to buy the Property upon notification from an Owner of their intent to sell. With the exceptions listed below, title to the Property may only be transferred to a person who has been certified by the Town, meets the Town’s asset limits, and has been qualified by an Institutional Lender for a mortgage to be used to buy the Property. In order to qualify, a buyer’s projected income may be not more than 60% of the Area Median Income for the Xxxxx- Primary Metropolitan Statistical Area, adjusted to reflect the family size of the buyer or buyers. If the Property is sold jointly to more than one buyer in the same transaction, or if the Property is sold to a buyer who is married or who has a domestic partner, or if the Property is sold to one or more buyers who have the custody of children under the age of eighteen, then (a) the buyer or buyers shall be considered to be a household for the purposes of this Covenant; (b) the income of all persons in the household (which will include each buyer of the Property, the spouse or domestic partner of the buyer, and all buyer’s children who are age eighteen or older) shall be used in determining the buyer’s(’) income; and (c) the Area Median Income shall be adjusted to reflect the household’s size.
Eligible Buyers. The City shall maintain a list of buyers who are certified to buy the Property. With the exceptions listed below, title to the Property may only be transferred to a person who has been certified by the City and who also has been qualified by an Institutional Lender for a mortgage to be used to buy the Property and who agrees to execute and be bound by this covenant. In order to qualify, a buyer’s projected income may be not more than 80% percent of Area Median Income at the time of the purchase, as the Area Median Income may be adjusted to reflect the family size of the buyer or buyers. If the Property is sold jointly to more than one buyer in the same transaction, or if the Property is sold to a buyer who is married or who has a domestic partner, or if the Property is sold to one or more buyers who have the custody of children under the age of eighteen, then (a) the buyer or buyers plus any minor children shall be considered to be a household for the purposes of this Covenant; (b) the income of all persons in the household (which will include each buyer of the Property, the spouse or domestic partner of the buyer, and each buyer’s children who are age eighteen or older and who plan to reside in the premises) shall be used in determining the buyer’s(’) income; and (c) the Area Median Income shall be adjusted to reflect the household’s size. In addition to the income requirements, Eligible Buyers must have received homeowner’s education as required by the City, and must have reviewed the provisions of this Covenant and expressed their willingness to accept them.
Eligible Buyers. A. The Town or its agent shall solicit a list of buyers who are income certified to buy the Property upon notification from an Owner of their intent to sell. With the exceptions listed below, title to the Property may only be transferred to a person who has been certified by the Town, meets the Town’s asset limits, and has been qualified by an Institutional Lender for a mortgage to be used to buy the Property. In order to qualify, a buyer’s projected income may be not more than 60% of the Area Median Income for the Xxxxx- Primary Metropolitan Statistical Area, adjusted to reflect the family size of the buyer or buyer’s household for the purposes of this Covenant. The income of all persons in the household who are age eighteen or older shall be used in determining the household’s income; and (c) the Area Median Income shall be adjusted to reflect the household’s size.
Eligible Buyers. A. The City shall maintain a list of Households who are certified to buy the Property. With the exceptions listed below, title to the Property may only be transferred to a buyer or buyers who have been certified by the City, meet the City’s income limits, asset limits, other program requirements, and have been qualified by an Institutional Lender for a mortgage to be used to buy the Property. In order to qualify, a Household’s projected Income may not be «AMICategory» percentage points more than the HUD Low Income Limit for the Boulder-Longmont Primary Metropolitan Statistical Area, adjusted to reflect the Household size of the buyer or buyers. The Income and assets of all persons in the Household shall be used in determining the buyer’s Income, assets and eligibility.
Eligible Buyers. The City, or its designee, shall maintain a list of organizations that assist Eligible Buyers to become homeowners. With the exceptions listed in Paragraph 8(D) above, title to the Property may only be transferred to a person who has been certified by the City, or its designee, as an Eligible Buyer meeting the income guidelines and who also has been qualified by an Institutional Lender for a mortgage to be used to buy the Property and who agrees to execute and be bound by this Covenant. In order to qualify, a buyer’s income may not be more than the percent of Area Median Income, adjusted for family size, as assigned in Exhibit A, Exhibit B or Exhibit C at the time of the purchase. The income of the buyer must be verified no later than six (6) months prior to the closing for the property. If a prospective buyer is not income-eligible at the time of application, they must be denied and cannot be allowed to make changes to their work status or household income in order to qualify for a unit. An involuntary change in income would not disqualify the prospective buyer from becoming income eligible. If the Property is sold jointly to more than one buyer in the same transaction, or if the Property is sold to a buyer who is married or who has a domestic partner, or if the Property is sold to one or more buyers who have the custody of children under the age of eighteen, then (a) the buyer or buyers plus any minor children shall be considered to be a household for the purposes of this Covenant; (b) the income of all persons in the household (which will include each buyer of the Property, the spouse or domestic partner of the buyer, and each buyer’s children who are age eighteen or older and who plan to reside in the premises) shall be used in determining the buyer’s income; and (c) the Area Median Income shall be adjusted to reflect the household’s size. In addition to the income requirements, Eligible Buyers must have received homeowner’s education if prescribed by the City or the City’s designee, and must have reviewed the provisions of this Covenant and expressed their willingness to accept them.
