Common use of Low Income Housing Tax Credit Regulatory Agreement Clause in Contracts

Low Income Housing Tax Credit Regulatory Agreement. Borrower represents and warrants that all of the following are correct: [USE THIS FIRST VERSION OF SECTIONS 5.44(a) AND (b) IF TAX CREDITS HAVE BEEN AWARDED BUT THE TAX REGULATORY AGREEMENT WILL NOT BE RECORDED UNTIL THE PROPERTY IS PLACED IN SERVICE] FIRST VERSION

Appears in 3 contracts

Samples: Continuing Covenant Agreement, Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement

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Low Income Housing Tax Credit Regulatory Agreement. Borrower represents and warrants that all of the following are correct: [USE THIS FIRST VERSION OF SECTIONS 5.44(a) AND (b) IF TAX CREDITS HAVE BEEN AWARDED BUT THE TAX REGULATORY AGREEMENT WILL NOT BE RECORDED UNTIL THE PROPERTY IS PLACED IN SERVICE.] FIRST VERSION

Appears in 1 contract

Samples: Continuing Covenant Agreement

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Low Income Housing Tax Credit Regulatory Agreement. Borrower represents and warrants that all of the following are correct: [USE THIS FIRST VERSION OF THE FOLLOWING SECTIONS 5.44(a) AND (b) IF TAX CREDITS HAVE BEEN AWARDED BUT THE TAX REGULATORY AGREEMENT WILL NOT BE RECORDED UNTIL THE PROPERTY IS PLACED IN SERVICE] FIRST VERSION[THE DEFINITION “TAX CREDIT APPLICATION” IN SECTION G BELOW SHOULD BE INCLUDED IF THESE SECTIONS (a) AND (b) ARE USED.]

Appears in 1 contract

Samples: Multifamily Loan and Security Agreement

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