Common use of Marketing and Tenant Selection Plan Clause in Contracts

Marketing and Tenant Selection Plan. Prior to and as a condition precedent to the issuance of the Governmental Lender Notes, Borrower shall prepare and obtain Governmental Lender’s approval, which approval shall not be unreasonably withheld, of the Borrower’s marketing and tenant selection plan (the “Marketing and Tenant Selection Plan”). During the Qualified Project Period, any material changes to an approved Marketing and Tenant Selection Plan are subject to reasonable review and approval by the Executive Director. The rental of the Housing Units, as and when they are vacated by the existing tenants, shall be conducted in accordance with the approved Marketing and Tenant Selection Plan. The availability of Housing Units shall be marketed in accordance with the Marketing and Tenant Selection Plan as the same may be amended from time to time with Governmental Lender’s prior written approval, which approval shall not unreasonably be withheld. Upon the reasonable request of Governmental Lender, Borrower shall provide Governmental Lender with periodic reports (but not more frequently than annually) with respect to the marketing for lease of the Housing Units. Governmental Lender agrees to exercise reasonable efforts to assist Borrower in connection with the implementation of the Marketing and Tenant Selection Plan; provided, however, Governmental Lender shall not be under any obligation to incur any out-of-pocket expenses in connection therewith.

Marketing and Tenant Selection Plan. Prior to and as a condition precedent to the issuance of the Governmental Lender NotesNote, Borrower shall prepare and obtain Governmental Lender’s approval, which approval shall not be unreasonably withheld, of the Borrower’s marketing and tenant selection plan (the “Marketing and Tenant Selection Plan”). During the Qualified Project Period, any material changes to an approved Marketing and Tenant Selection Plan are subject to reasonable review and approval by the Executive Director. The rental of the Housing Units, as and when they are vacated by the existing tenants, shall be conducted in accordance with the approved Marketing and Tenant Selection Plan. The availability of Housing Units shall be marketed in accordance with the Marketing and Tenant Selection Plan as the same may be amended from time to time with Governmental Lender’s prior written approval, which approval shall not unreasonably be withheld. Upon the reasonable request of Governmental Lender, Borrower shall provide Governmental Lender with periodic reports (but not more frequently than annually) with respect to the marketing for lease of the Housing Units. Governmental Lender agrees to exercise reasonable efforts to assist Borrower in connection with the implementation of the Marketing and Tenant Selection Plan; provided, however, Governmental Lender shall not be under any obligation to incur any out-of-pocket expenses in connection therewith.

Marketing and Tenant Selection Plan. Prior to and as a condition precedent to the issuance of the Governmental Lender NotesBonds, Borrower shall prepare and obtain Governmental LenderIssuer’s approval, which approval shall not be unreasonably withheld, of the Borrower’s marketing and tenant selection plan (the “Marketing and Tenant Selection Plan”). During the Qualified Project Period, any material changes to an approved Marketing and Tenant Selection Plan are subject to reasonable review and approval by the Executive Director. The rental of the Housing Units, as and when they are vacated by the existing tenants, shall be conducted in accordance with the approved Marketing and Tenant Selection Plan. The availability of Housing Units shall be marketed in accordance with the Marketing and Tenant Selection Plan as the same may be amended from time to time with Governmental LenderIssuer’s prior written approval, which approval shall not unreasonably be withheld. Upon the reasonable request of Governmental LenderIssuer, Borrower shall provide Governmental Lender Issuer with periodic reports (but not more frequently than annually) with respect to the marketing for lease of the Housing Units. Governmental Lender Issuer agrees to exercise reasonable efforts to assist Borrower in connection with the implementation of the Marketing and Tenant Selection Plan; provided, however, Governmental Lender Issuer shall not be under any obligation to incur any out-of-pocket expenses in connection therewith.

Marketing and Tenant Selection Plan. Prior to and as a condition precedent to the issuance execution and delivery of the Governmental Lender Notes, Borrower shall prepare and obtain Governmental Lender’s approval, which approval shall not be unreasonably withheld, of the Borrower’s marketing and tenant selection plan (the “Marketing and Tenant Selection Plan”). During the Qualified Project Period, any material changes to an approved Marketing and Tenant Selection Plan are subject to reasonable review and approval by the Executive Director. The rental of the Housing Units, as and when they are vacated by the existing tenants, shall be conducted in accordance with the approved Marketing and Tenant Selection Plan. The availability of Housing Units shall be marketed in accordance with the Marketing and Tenant Selection Plan as the same may be amended from time to time with Governmental Lender’s prior written approval, which approval shall not unreasonably be withheld. Upon the reasonable request of Governmental Lender, Borrower shall provide Governmental Lender with periodic reports (but not more frequently than annually) with respect to the marketing for lease of the Housing Units. Governmental Lender agrees to exercise reasonable efforts to assist Borrower in connection with the implementation of the Marketing and Tenant Selection Plan; provided, however, Governmental Lender shall not be under any obligation to incur any out-of-pocket expenses in connection therewith.