Common use of General Covenants of the Company Clause in Contracts

General Covenants of the Company. (a) The Company shall use commercially reasonable efforts to cause the Minimum Investment Requirement to be achieved, and to cause the Project to be completed, during the Investment Period. The Company agrees that the Project shall at all times be operated in a manner which complies with the Affordable Housing Requirements. None of the Workforce/Affordable Housing Units shall be or be rented as Short Term Housing Units at any time.

Appears in 6 contracts

Samples: Special Source Credit Agreement, Special Source Credit Agreement, Special Source Credit Agreement

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General Covenants of the Company. (a) The Company shall use commercially reasonable efforts to cause the Minimum Investment Requirement to be achieved, and to cause the Project to be completed, during the Investment Period. The Company agrees that the Project shall at all times be operated in a manner which complies with the Affordable Housing Requirements. None of the Workforce/Affordable Total Housing Units shall be or be rented as Short Term Housing Units at any time.

Appears in 4 contracts

Samples: Special Source Credit Agreement, Special Source Credit Agreement, Special Source Credit Agreement

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