Eligible Tenants Sample Clauses

Eligible Tenants. The HTF-assisted units in a rental housing project must be occupied by households who are xxx- gible families in accordance with the income targeting requirements in § 93.250.
Sample 1Sample 2
AutoNDA by SimpleDocs
Eligible Tenants. Developer and the City have agreed that Developer shall be entitled to additional property tax abatement (and the Reduced Annual PILOT described in Section 2(b) above) if and to the extent that Developer can attract and lease portions of the Project to certain Project Employers as tenants of the Building. More specifically, the parties have agreed as follows: (a) For purposes of this Agreement, "Eligible Tenants" shall be deemed to be companies which have an average annual salary (including overtime and any bonuses) of at least Sixty-Five Thousand Dollars ($65,000) per full-time employee, and which company (i) shall each occupy no less than 20,000 square feet in the Building as Eligible Square Footage and which has not previously been located in the City of Overland Park, or (ii) if currently located in Overland Park, which are expanding or consolidating operations in a manner which the Project Employer has determined requires new office space and which is approved by the City pursuant to Section 6 of this Agreement, and which shall locate no less than one hundred (100) new Project Employees in the Eligible Square Footage in the Building, provided that such 100 Project Employees have an average annual salary (including overtime and any bonuses) of at least Sixty- Five Thousand Dollars ($65,000) per full-time employee. Any and all Eligible Tenants shall be dues-paying members of the Overland Park Chamber of Commerce and the Overland Park Economic Development Council and shall commit to the Hotel Requirement set forth in Section 15 below. (b) For an Eligible Tenant to be reviewed and confirmed by the City in time to result in Reduced Annual PILOTs as described in Section 2(b) above, Developer shall provide a copy of any Project Employer Office Leases with Eligible Tenants, along with all relevant information about the Eligible Tenants' Project Employees and annual salaries, on or before October 1st of the year prior to the taxable year in which Reduced Annual PILOTs are requested (the "Eligible Tenant Application Deadline"). If and to the extent that Developer delivers any Project Employer Office Leases with Eligible Tenants, along with all relevant information after the Eligible Tenant Application Deadline, then such Reduced Annual PILOTs shall not be considered in determining the Total Annual PILOTs until the next following taxable year.
Sample 1
Eligible Tenants. Eligible tenants/TBRA program participants are inmates with severe housing barriers who do not have current permanent placement and are now at risk of being homeless or are currently homeless. Each household must also meet the following requirements: (1) the household’s income must be at or below the 50% of Area Median Income; and (2) no appropriate housing options are identified for the household; and (3) the household lacks sufficient resources and support networks to immediately obtain housing.
Sample 1
Eligible Tenants. (a) In addition to, and not in limitation of the provisions of the 1954 Code, the Owner declares its understanding, intent and agreement that the Project is to be owned, managed and operated to provide residential facilities for low- and middle-income families or persons in accordance with the Act for a period beginning on the date of issuance of the Bonds and ending on the last day any Bonds remain outstanding. (b) The City hereby represents, covenants and agrees as follows: (1) the City Council of the City, in accordance with the provisions of the Act, has determined that, for purposes of the Project, "low-and middle-income persons and families" within the meaning of the Act shall include any person whose adjusted gross income as set forth on such person's federal income tax return for the immediately preceding taxable year ("Adjusted Gross Income"), together with the Adjusted Gross Income of all persons who intend to reside with such person in one dwelling unit, did not, for the immediately preceding taxable year, exceed an amount equal to 175% of the Median Gross Income for the Area, adjusted for the number of persons who intend to reside in such dwelling unit in a manner consistent with making adjustments for family size for purposes of determining "low income families" under Section 8(f)(3) of the United States Housing Act of 1937, or such other amount as may be established from time to time by the City Council of the City, in accordance with the Act and this Section as the maximum amount constituting middle income within the meaning of the Act; and (2) in the event that the Median Gross Income for the Area for any year is less than the Median Gross Income for the Area for the immediately preceding year, the City Council may review the percentage of Median Gross Income for the Area which shall be the maximum amount constituting middle income within the meaning of the Act and may make such upward adjustments of such percentage as it shall deem reasonable and necessary and shall advise the Owner in writing of any such adjustments; provided, however, that the City shall provide the Owner and the Trustee with an opinion of Bond Counsel acceptable to the City, the Trustee and the Owner substantially to the effect that the adjusted amount will not adversely affect the validity of the Bonds or the exclusion from gross income for federal income tax purposes of the interest on the Bonds. (c) The Owner hereby represents, covenants and agrees as follows: (1) al...
Sample 1
Eligible Tenants. Only eligible employees at the University of Minnesota may live at Pillsbury Court. Eligibility is determined solely by University. Eligibility criteria is published on the Pillsbury Court website at xxxxxxx.xxx.xxx/xxxxxxxxx. Additional Tenants may join the lease with the eligible Tenant. Each adult (an individual 18 years of age or older) living in the Townhouse must sign this Lease as a Tenant. At least one (1) Tenant must maintain eligibility for the duration of your residency in Pillsbury Court. This lease will terminate 60 days after no one (1) individual Tenant meets the eligibility requirements.
Sample 1
Eligible Tenants. Only actively enrolled students at the University of Minnesota are eligible to reside in the West Bank Townhouses. Eligibility is determined solely by University. Each adult (an individual 18 years of age or older) living in the Townhouse must sign this Lease as a Tenant. The maximum number of eligible Tenants in each townhouse is two (2). Each individual Tenant must maintain eligibility for the duration of their residency. Notwithstanding the provisions in Section 3.1 below, this Lease will terminate with respect to a Tenant who loses their eligibility following University’s notice of termination to Tenant, which must be provided at least 60 days prior to the termination date specified in the notice. If there is an additional remaining Tenant who maintains eligibility, this Lease will continue with such remaining Tenant, unless said Tenant elects to terminate the Lease in accordance with Section 3.1 below.
Sample 1
Eligible Tenants. All TBRA tenant households (“TBRA Tenant”) receiving assistance shall be low income households whose annual household income does not exceed sixty percent (60%) of the area median income, as established annually by HUD. Annual household income is defined as the combined annual household income anticipated by all adult members of the household aged eighteen
Sample 1
AutoNDA by SimpleDocs
Eligible Tenants. To reserve the Community Center, all bookings must be made by a Lake Member in good standing, or by a non-Lake person, who will sign the contract and be always present at the event. The Business Office will have the right to decide any exceptions to this condition.
Sample 1

Related to Eligible Tenants

  • Tenant’s Compliance With Landlord’s Fire and Casualty Insurance Tenant shall, at Tenant’s expense, comply with all insurance company requirements pertaining to the use of the Premises. If Tenant’s conduct or use of the Premises causes any increase in the premium for such insurance policies then Tenant shall reimburse Landlord for any such increase. Tenant, at Tenant’s expense, shall comply with all rules, orders, regulations or requirements of the American Insurance Association (formerly the National Board of Fire Underwriters) and with any similar body.

  • Required Sublease Provisions Any sublease of all or any portion of the Leased Property entered into on or after the date hereof in accordance with and subject to the provisions of Section 16.3 shall provide (a) that it is subject and subordinate to this Agreement and to the matters to which this Agreement is or shall be subject or subordinate; (b) that in the event of termination of this Agreement or reentry or dispossession of Tenant by Landlord under this Agreement, Landlord may, at its option, terminate such sublease or take over all of the right, title and interest of Tenant, as sublessor under such sublease, and, except as provided below, such subtenant shall, at Landlord's option, attorn to Landlord pursuant to the then executory provisions of such sublease, except that neither Landlord nor any Facility Mortgagee, as holder of a mortgage or as Landlord under this Agreement, if such mortgagee succeeds to that position, shall (i) be liable for any act or omission of Tenant under such sublease, (ii) be subject to any credit, counterclaim, offset or defense which theretofore accrued to such subtenant against Tenant, (iii) be bound by any previous prepayment of more than one (1) Accounting Period, (iv) be bound by any covenant of Tenant to undertake or complete any construction work on the Leased Property or any portion thereof, (v) be required to account for any security deposit of the subtenant other than any security deposit actually delivered to Landlord by Tenant, (vi) be bound by any obligation to make any payment to such subtenant or grant any credits, except for services, repairs, maintenance and restoration provided for under the sublease that are performed after the date of such attornment, (vii) be responsible for any monies owing by Tenant to the credit of such subtenant, or (viii) be required to remove any Person occupying any portion of the Leased Property; and (c), in the event that such subtenant receives a written Notice from Landlord or any Facility Mortgagee stating that an Event of Default has occurred and is continuing, such subtenant shall thereafter be obligated to pay all rentals accruing under such sublease directly to the party giving such Notice or as such party may direct. All rentals received from such subtenant by Landlord or the Facility Mortgagee, as the case may be, shall be credited against the amounts owing by Tenant under this Agreement and such sublease shall provide that the subtenant thereunder shall, at the request of Landlord, execute a suitable instrument in confirmation of such agreement to attorn. An original counterpart of each such sublease duly executed by Tenant and such subtenant shall be delivered promptly to Landlord and Tenant shall remain liable for the payment of the Rent and for the performance and observance of all of the covenants and conditions to be performed by Tenant hereunder. The provisions of this Section 16.2 shall not be deemed a waiver of the provisions set forth in Section 16.1(a). Notwithstanding anything to the contrary in this Section 16.2, the Transition Period Sublease to be entered into by and between the Tenant and the Operator of even date herewith is hereby approved by the Landlord and shall not be required to comply with the provisions of this Section 16.2.

  • Lessee's Compliance with Applicable Requirements Except as otherwise provided in this Lease, Lessee shall, at Lessee's sole expense, fully, diligently and in a timely manner, materially comply with all Applicable Requirements, the requirements of any applicable fire insurance underwriter or rating bureau, and the recommendations of Lessor's engineers and/or consultants which relate in any manner to the Premises, without regard to whether said requirements are now in effect or become effective after the Start Date. Lessee shall, within ten (10) days after receipt of Lessor's written request, provide Lessor with copies of all permits and other documents, and other information evidencing Lessee's compliance with any Applicable Requirements specified by Lessor, and shall immediately upon receipt, notify Lessor in writing (with copies of any documents involved) of any threatened or actual claim, notice, citation, warning, complaint or report pertaining to or involving the failure of Lessee or the Premises to comply with any Applicable Requirements.

  • Vehicle Requirements The following shall be considered minimum Vehicle requirements. The Authorized User shall include supplemental required specifications for Vehicles specified in a Mini-Bid. Unless otherwise indicated, all items specified which are listed on the OEM Pricelist as standard or optional equipment shall be factory installed and operative. Vehicles delivered to an Authorized User in a condition considered to be below retail customer acceptance levels will not be accepted. Items which determine this acceptance level shall include, but not be limited to, the general appearance of the interior and exterior of the vehicle for completeness and quality of workmanship, lubrication and fluid levels, with any leaks corrected, mechanical operation of the vehicle and all electrical components operational. Product specified to be furnished and installed which is not available through the OEM shall conform to the standards known to that particular industry, both product and installation.

  • Personnel Requirements a. The CONTRACTOR shall secure, at the CONTRACTOR'S own expense, all personnel required to perform this Contract. b. The CONTRACTOR shall ensure that the CONTRACTOR'S employees or agents are experienced and fully qualified to engage in the activities and perform the services required under this Contract, and that all applicable licensing and operating requirements imposed or required under federal, state, or county law, and all applicable accreditation and other standards of quality generally accepted in the field of the activities of such employees and agents are complied with and satisfied.

  • Subcontractor Insurance Requirements Consultant shall require each of its subcontractors that perform services under this Agreement to maintain insurance coverage that meets all of the requirements of this Section 11.

  • Compliance with Environmental Requirements 50.1 The Contractor shall provide the goods and/or Services required under the Contract in accordance with applicable laws and the Authority’s environmental policy, which is to conserve energy, water and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment. 50.2 The Authority is committed to promoting a low carbon, high growth, global economy. The Contractor shall work with the Authority regarding any environmental or sustainability issues as the Authority considers relevant, comply with contractual obligations and carry out any reasonable request to ensure the protection of the environment, society and the economy and promotion of sustainable development and sustainable procurement throughout the Contract Period. 50.3 All written outputs, including reports, produced in connection with the Contract shall (unless otherwise specified) be produced on recycled paper containing at least 80% post consumer waste and used on both sides where appropriate. 50.4 Nothing in this Condition 50 shall relieve the obligations of the Contractor to comply with its statutory duties and Good Industry Practice.

  • DEVELOPMENTAL REQUIREMENTS The Personal Development Plan (PDP) for addressing developmental gaps is attached as Annexure B.

  • Policy Compliance Violations The Requester and Approved Users acknowledge that the NIH may terminate the DAR, including this Agreement and immediately revoke or suspend access to all controlled-access datasets subject to the NIH GDS Policy at any time if the Requester is found to be no longer in agreement with the principles outlined in the NIH GDS Policy, the terms described in this Agreement, or the Genomic Data User Code of Conduct. The Requester and PI agree to notify the NIH of any violations of the NIH GDS Policy, this Agreement, or the Genomic Data User Code of Conduct data within 24 hours of when the incident is identified. Repeated violations or unresponsiveness to NIH requests may result in further compliance measures affecting the Requester. The Requester and PI agree to notify the appropriate DAC(s) of any unauthorized data sharing, breaches of data security, or inadvertent data releases that may compromise data confidentiality within 24 hours of when the incident is identified. As permitted by law, notifications should include any known information regarding the incident and a general description of the activities or process in place to define and remediate the situation fully. Within 3 business days of the DAC notification(s), the Requester agrees to submit to the DAC(s) a detailed written report including the date and nature of the event, actions taken or to be taken to remediate the issue(s), and plans or processes developed to prevent further problems, including specific information on timelines anticipated for action. The Requester agrees to provide documentation verifying that the remediation plans have been implemented. Repeated violations or unresponsiveness to NIH requests may result in further compliance measures affecting the Requester. NIH, or another entity designated by NIH may, as permitted by law, also investigate any data security incident or policy violation. Approved Users and their associates agree to support such investigations and provide information, within the limits of applicable local, state, tribal, and federal laws and regulations. In addition, Requester and Approved Users agree to work with the NIH to assure that plans and procedures that are developed to address identified problems are mutually acceptable and consistent with applicable law.

  • Accessibility Requirements Under Tex. Gov’t Code Chapter 2054, Subchapter M, and implementing rules of the Texas Department of Information Resources, the System Agency must procure Products and services that comply with the Accessibility Standards when those Products are available in the commercial marketplace or when those Products are developed in response to a procurement solicitation. Accordingly, Grantee must provide electronic and information resources and associated Product documentation and technical support that comply with the Accessibility Standards.

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