Expiry of Housing Agreement. The City covenants and agrees with the Owner that this Agreement shall cease to apply from and after that date which is the later of: (i) the 60th anniversary of the date this Agreement is registered in the LTO; or (ii) the date that all buildings located on the Lands have been demolished. Upon expiry, the Owner may provide to the City a discharge of this Agreement, which the City shall execute and return to the Owner for filing in the LTO.
Expiry of Housing Agreement. Upon expiry, the Owner may provide to the City a discharge of this Agreement, which the City shall execute and return to the Owner for filing in the Land Title Office.
Expiry of Housing Agreement. This Agreement will commence on the date it is registered in the LTO (the “Registration Date”) and will expire and cease to apply on the sixtieth (60th) anniversary of the Registration Date (the “Term”). Upon the expiration of the Term, the Owner may provide to the City a discharge of this Agreement, which the City will execute and return to the Owner for filing in the LTO.
Expiry of Housing Agreement. The City covenants and agrees with the Owner that this Agreement shall cease to apply from and after the tenth (10th) anniversary of the date the City of Courtenay grants an occupancy licence to the Building. Upon expiry, the Owner may provide to the City a discharge of this Agreement, which the City shall execute and return to the Owner for filing in the LTO.
Expiry of Housing Agreement. This Agreement will cease to apply from and after the 10th anniversary of the date the City of Langford grants an occupancy permit for the Below-Market Rental Units. Upon expiry, the Owner may provide to the City a discharge of this Agreement, which the City will execute and return to the Owner for filing in the LTO.
Expiry of Housing Agreement. This Agreement shall cease to apply from and after the sixtieth (60th) anniversary of the issuance of an occupancy permit for the Building by the City of New Westminster. Upon expiry, the Owner may provide to the City a discharge of this Agreement, which the City shall execute and return to the Owner for filing in the LTO.
Expiry of Housing Agreement. The District covenants and agrees with the Owner that this Agreement shall cease to apply,
(a) for Dwelling Units located in Building “A”, from and after the sixtieth (60th) anniversary of the date this Agreement was registered in the Land Title Office, or the demolition of all Dwelling Units located in Building “A”, whichever is later;
(b) for Dwelling Units located in Building “B”, from and after the sixtieth (60th) anniversary of the date this Agreement was registered in the Land Title Office, or the demolition of all Dwelling Units located in Building “B”, whichever is earlier, provided however that demolition has not occurred before the fortieth (40th) anniversary of the date this Agreement was registered in the Land Title Office; and
(c) for Dwelling Units located in the Tower, from and after the twentieth (20th) anniversary of the date this Agreement was registered in the Land Title Office, or the demolition of all Dwelling Units located in the Tower, whichever is later. Upon expiry under all of (a), (b) and (c), the Owner may provide to the District a discharge of this Agreement, which the District shall execute and return to the Owner for filing in the Land Title Office.
Expiry of Housing Agreement. This Agreement will cease to apply from and after the tenth
