Fixed and Floating Units Sample Clauses

Fixed and Floating Units. Developer and City agree that HOME-assisted units will be floating. Developer will determine and verify income eligibility of tenants for the HOME- assisted units, and will constitute one (1) two-bedroom unit, and one (1) three-bedroom unit for a total of two HOME-assisted units. Units must be comparable in square footage, amenities and number of bedrooms to non-HOME-assisted units. This comparability of units will apply to all subsequent tenants after initial occupancy to maintain unit conformity through the period of affordability.
Sample 1
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Fixed and Floating Units. The AWARDEE must state that the HOME-assisted units are fixed or floating at the time of project commitment. The HOME assisted units are specified in Exhibit A – Scope of Work.
Sample 1

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  • ISSUE OF REPLACEMENT NOTES, COUPONS AND TALONS 13.1 The Issuer will cause a sufficient quantity of additional forms of Notes, Coupons and Talons to be available, upon request, to the Agent at its specified office for the purpose of issuing replacement Notes, Coupons and Talons as provided below.

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