Common use of Income and Rent Restrictions Clause in Contracts

Income and Rent Restrictions. In addition to the requirements of Section 5, hereof, the Owner shall comply with the income and rent restrictions of this Subsection 4(a), and any conflict or overlap between any two (2) or more of such provisions shall be resolved in favor of the most restrictive of such provisions, that is, in favor of the lowest income and rent restriction.

Appears in 3 contracts

Samples: Regulatory Agreement and Declaration of Restrictive, Regulatory Agreement and Declaration of Restrictive, Regulatory Agreement and Declaration of Restrictive

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Income and Rent Restrictions. In addition to the requirements of Section 5, hereof, the Owner and the Project shall comply with the income and rent restrictions of this Subsection Section 4(a), and any . Any conflict or overlap between any two (2) or more of such provisions shall be resolved in favor of the most restrictive of such provisions, that is, in favor of the lowest income and rent restrictionrestrictions.

Appears in 1 contract

Samples: Regulatory Agreement

Income and Rent Restrictions. In addition to the requirements of Section 5, hereof, the Owner with respect to the Project shall comply with the income and rent restrictions of this Subsection Section 4(a), and any conflict or overlap between any two (2) or more of such provisions shall be resolved in favor of the most restrictive of such provisions, that is, in favor of the lowest income and rent restriction.

Appears in 1 contract

Samples: Regulatory Agreement

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Income and Rent Restrictions. In addition to the requirements of Section 5, hereof, the Owner shall comply with the income and rent restrictions of this Subsection Section 4(a), and any conflict or overlap between any two (2) or more of such provisions shall be resolved in favor of the most restrictive of such provisions, that is, in favor of the lowest income and rent restrictionrent.

Appears in 1 contract

Samples: Regulatory Agreement and Declaration of Restrictive

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