Common use of Grantee Assurance Clause in Contracts

Grantee Assurance. The approval of this Agreement by Grantee is an assurance by the Grantee to the Owner that: (a) The faith of the Grantee is solemnly pledged to the payment of rental assistance payments pursuant to the Contract, and (b) HUD has obligated funds for these payments.

Grantee Assurance. The approval of this Agreement by Grantee Xxxxxxx is an assurance by the Grantee to the Owner that: (a) The faith of the Grantee is solemnly pledged to the payment of rental assistance payments pursuant to the Contract, and (b) HUD has obligated funds for these payments.