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

Low Income Housing Tax Credit Regulatory Agreement. Lender acknowledges that Tax Credits have been allocated with respect to the Mortgaged Property and that the Mortgaged Property is, or will be, subject to a Tax Credit Regulatory Agreement executed, or to be executed, in connection with the allocation of the Tax Credits.

Appears in 3 contracts

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

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Low Income Housing Tax Credit Regulatory Agreement. Funding Lender acknowledges that Tax Credits have been allocated with respect to the Mortgaged Property and that the Mortgaged Property is, or will be, subject to a Tax Credit Regulatory Agreement executed, or to be executed, in connection with the allocation of the Tax Credits.

Appears in 2 contracts

Samples: Continuing Covenant Agreement, Continuing Covenant Agreement

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