IDENTITY OF INTEREST. The execution of this Lease or the performance of any act pursuant to its provisions shall not be deemed or construed to have the effect of creating between Landlord and Tenant the relationship of principal or agent, or of a partnership or joint venture.
IDENTITY OF INTEREST. The execution of this Lease or the performance of any of the terms hereof shall not be deemed or construed to have the effect of creating, between Lessor and Lessee, the relationship of principal and agent or of a partnership or of a joint venture and the relationship between the parties hereto shall always be and remain that of Lessor and Lessee.
IDENTITY OF INTEREST. Nothing contained in this Lease shall be construed to make Landlord and Tenant partners or joint venturers or to render either party liable for the debts or the obligations of the other. The only relationship created by this Lease between the parties is that of landlord and tenant.
IDENTITY OF INTEREST. An identity of interest relationship exists if any officer, director, board member, or authorized agent of any project team member (consultant, general contractor, supplier, vendor, vendee, attorney, management agent, seller of the land, etc.):
(i) is also an officer, director, board member or authorized agent of any other project team member;
(ii) has any control over or any financial interest in any other project team member’s firm or corporation;
(iii) is a business partner of an officer, director, board member, or authorized agent of any other project team member;
(iv) has a family relationship through blood, marriage or adoption with an officer, director, board member, or authorized agent of any project team member; or
(v) advances any funds or items of value to the Owner.
IDENTITY OF INTEREST. When an iden- tity of interest, as defined in § 1924.4(i) of subpart A of part 1924 of this chap- ter, exists between a nonprofit entity and the owner(s) of a dwelling, the property is not eligible for assistance. HPG assistance may be provided by a grantee with respect to rental prop- erties or co-ops only if the following conditions are met by the rental prop- erty owner(s) or by the co-op during a minimum 5 year restrictive period be- ginning on the date agreed upon in the agreement between the grantee and the rental property owner (or co-op). The HPG grantee is responsible for pre- paring, executing, and monitoring for compliance, the ownership agreement with the owner(s) of the rental prop- erty or the co-op. The rental property owner(s) or the co-ops are required to enter into an ownership agreement with the grantee to assure compliance with the requirements of this section.
IDENTITY OF INTEREST. An identity of interest relationship exists if any officer, director, board member, or authorized agent of any Project team member (consultant, general contractor, supplier, vendor, vendee, attorney, management agent, seller of the land, or any party engaging in a financial transaction with the Owner):
(i) is also an officer, director, board member or authorized agent of any other Project team member;
(ii) has any control over or any financial interest in any other Project team member’s firm or corporation;
(iii) is a business partner of an officer, director, board member, or authorized agent of any other Project team member;
(iv) has a family relationship through blood, marriage or adoption with an officer, director, board member, or authorized agent of any Project team member; or
(v) advances any funds or items of value to the Owner.
IDENTITY OF INTEREST. The execution of this lease or the performance of any act pursuant to the provisions hereof shall not be deemed or construed to have the effect of creating between Lessor and Lessee the relationship of principal and agent or of a partnership or of a joint venture and the relationship between them shall be and remain only that at Lessor and Lessee.
IDENTITY OF INTEREST. The Manager discloses to the Issuer and any Notice Beneficial Owner as that term is defined in the Indenture) any and all identities of interest that exist or will exist between the Manager and the Issuer, suppliers of material and/or services, or vendors in any combination of relationship. A certification by memorandum of such disclosure is attached and made part of this Agreement. (See Exhibit A).
IDENTITY OF INTEREST an identity of interest relationship exists if any officer, director, board member, or authorized agent of any Project team member (consultant, general contractor, supplier, vendor, vendee, attorney, management agent, seller of the land, etc.): (i) is also an officer, director, board member or authorized agent of any other Project team member; (ii) has any control over or any financial interest in any other Project team member’s firm or corporation; (iii) is a business partner of an officer, director, board member, or authorized agent of any other Project team member; (iv) has a family
IDENTITY OF INTEREST. When an identity of interest, as defined in § 1924.4 (i) of subpart A of part 1924, exists between a nonprofit entity and the owner(s) of a dwelling, the property is not eligible for assistance. 10A §1944.663 Ownership agreement between HPG grantee and rental property owner or co-op. HPG assistance may be provided by a grantee with respect to rental properties or co-ops only if the following conditions are met by the rental property owner(s) or by the co-op during a minimum 5 year restrictive period beginning on the date agreed upon in the agreement between the grantee and the rental property owner (or co-op). The HPG grantee is responsible for preparing, executing, and monitoring for compliance, the ownership agreement with the owner(s) of the rental property or the co-op. The rental property owner(s) or the co-ops are required to enter into an ownership agreement with the grantee to assure compliance with the requirements of this section.
