Common use of No Recourse Provision Clause in Contracts

No Recourse Provision. (a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal recourse against the Grantee. Name of Owner (Print) __________________________________________________________ _ _____________________________________________________________________________________________ By: __ Signature of authorized representative Name (Print) Official Title (Print) Date: Grantee By: Signature of authorized representative Name (Print) Official Title (Print) Date: Number of Assisted Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent Maximum Annual Contract Commitment (Number of Assisted Units x Gross Rent) Total Maximum Annual Contract Commitment2: Total Number of Assisted Units: Total Number of Non-Assisted Units Restricted to Persons with Disabilities: Expiration Date of the Unit Restriction above, if applicable: This Exhibit was amended on (date) by (Legal Name of Owner) and (Grantee) to be EFFECTIVE on . Owner Signature: Print Name: Grantee Signature: Print Name: Total Number of Units at the Property (Assisted + Non-Assisted): Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: 1 This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in accordance with program rules.

No Recourse Provision. (a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal recourse against the Grantee. Name of Owner (Print) __________________________________________________________ _ _____________________________________________________________________________________________ By: __ Signature of authorized representative Name (Print) Official Title (Print) Date: Grantee By: Signature of authorized representative Name (Print) Official Title (Print) Date: Schedule of Contract Units and Contract Rents1 Number of Assisted Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent Maximum Annual Contract Commitment (Number of Assisted Units x Gross Rent) Total Maximum Annual Contract Commitment2: Total Number of Assisted Units: Total Number of Non-Assisted Units Restricted to Persons with Disabilities: Expiration Date of the Unit Restriction above, if applicable: This Exhibit was amended on (date) by (Legal Name of Owner) and (Grantee) to be EFFECTIVE on . Owner Signature: Print Name: Grantee Signature: Print Name: Total Number of Units at the Property (Assisted + Non-Assisted): Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: 1 This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in accordance with program rules.

No Recourse Provision. (a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal recourse against the Grantee. Name of Owner (Print) __________________________________________________________ _ _____________________________________________________________________________________________ By: __ Signature of authorized representative Name (Print) Official Title (Print) Date: Grantee By: Signature of authorized representative Name (Print) Xxxxx Xxxxxxxx Official Title (Print) Director, Housing Assistance Division Date: Number of Assisted Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent Maximum Annual Contract Commitment (Number of Assisted Units x Gross Rent) Total Maximum Annual Contract Commitment2: Total Number of Assisted Units: Total Number of Non-Assisted Units Restricted to Persons with Disabilities: Expiration Date of the Unit Restriction above, if applicable: This Exhibit was amended on (date) by (Legal Name of Owner) and (Grantee) to be EFFECTIVE on . Owner Signature: Print Name: Grantee Signature: Print Name: Total Number of Units at the Property (Assisted + Non-Assisted): Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: 1 This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in accordance with program rules.

No Recourse Provision. (a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal recourse against the Grantee. Name of Owner (Print) __________________________________________________________ _ _____________________________________________________________________________________________ By: __ Signature of authorized representative Name (Print) Official Title (Print) Date: Grantee By: Signature of authorized representative Name (Print) Xxxxx Xxxxxxxx Official Title (Print) Director, Housing Assistance Division Date: Schedule of Contract Units and Contract Rents1 Number of Assisted Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent Maximum Annual Contract Commitment (Number of Assisted Units x Gross Rent) Total Maximum Annual Contract Commitment2: Total Number of Assisted Units: Total Number of Non-Assisted Units Restricted to Persons with Disabilities: Expiration Date of the Unit Restriction above, if applicable: This Exhibit was amended on (date) by (Legal Name of Owner) and (Grantee) to be EFFECTIVE on . Owner Signature: Print Name: Grantee Signature: Print Name: Total Number of Units at the Property (Assisted + Non-Assisted): Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: 1 This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in accordance with program rules.

No Recourse Provision. (a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal recourse against the Grantee. Name of Owner (Print) __________________________________________________________ _ _____________________________________________________________________________________________ By: __ Signature of authorized representative Name (Print) Official Title (Print) Date: Grantee By: Signature of authorized representative Name (Print) Official Title (Print) Date: Number of Assisted Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent Maximum Annual Contract Commitment (Number of Assisted Units x Gross Rent) Total Maximum Annual Contract Commitment2: Total Number of Assisted Units: Total Number of Non-Assisted Units Restricted to Persons with Disabilities: Expiration Date of the Unit Restriction above, if applicable: This Exhibit was amended on (date) by (Legal Name of Owner) and (Grantee) to be EFFECTIVE on . Owner Signature: Print Name: Grantee Signature: Print Name: Total Number of Units at the Property (Assisted + Non-Assisted): Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: 1 This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in accordance with program rules.

No Recourse Provision. (a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal recourse against the Grantee. Name of Owner (Print) __________________________________________________________ _ _____________________________________________________________________________________________ By: __ Signature of authorized representative Name (Print) Official Title (Print) _ Date: Grantee By: _ Signature of authorized representative Name (Print) Official Title (Print) _ Date: Number of Assisted Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent Maximum Annual Contract Commitment (Number of Assisted Units x Gross Rent) $ 0.00 $ 0.00 Total Maximum Annual Contract Commitment2: Total Number of Assisted Units: Total Number of Non-Assisted Units Restricted to Persons with Disabilities: 0 Expiration Date of the Unit Restriction above, if applicable: _ Total Number of Units at the Property (Assisted + Non-Assisted): 1 Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: This Exhibit was amended on (date) by (Legal Name of Owner) and (Grantee) to be EFFECTIVE on . Owner Signature: Print Name: _ Grantee Signature: Print Name: Total Number of Units at the Property (Assisted + Non-Assisted): Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: 1 This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in accordance with program rules.

No Recourse Provision. (a) In the event HUD cancels the Cooperative Agreement with the Grantee or the Grantee cancels the Rental Assistance Contract in accordance with the provisions of the RAC, the Owner agrees that it shall have no financial or legal recourse against the Grantee. Name of Owner (Print) __________________________________________________________ _ _____________________________________________________________________________________________ By: __ Signature of authorized representative Name (Print) Official Title (Print) Date: Grantee By: Signature of authorized representative Name (Print) Official Title (Print) Date: Number of Assisted Units Number of Bedrooms Contract Rent Utility Allowance Gross Rent Maximum Annual Contract Commitment (Number of Assisted Units x Gross Rent) Total Maximum Annual Contract Commitment2: Total Number of Assisted Units: Total Number of Non-Assisted Units Restricted to Persons with Disabilities: Expiration Date of the Unit Restriction above, if applicable: Owner Signature: Print Name: Grantee Signature: Print Name: This Exhibit was amended on (date) by (Legal Name of Owner) and (Grantee) to be EFFECTIVE on . Owner Signature: Print Name: Grantee Signature: Print Name: Total Number of Units at the Property (Assisted + Non-Assisted): Percent of Assisted Units and other Units Restricted to Persons with Disabilities at the Property3: 1 This Exhibit must be completed and attached to the Contract at the time the Agreement is executed. It may, however, be amended in accordance with program rules.