Common use of No Separate Sale Clause in Contracts

No Separate Sale. The Owner covenants with the District that the Owner will not sell or transfer, or agree to sell or transfer any Rental Unit, other than a full interest in the fee simple title to all of the Rental Units, and to an agency, third party or individual that will assume the obligations set out in this Agreement.

Appears in 2 contracts

Samples: Housing Agreement, Housing Agreement

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No Separate Sale. The Owner covenants with the District that the Owner will not sell or transfer, or agree to sell or transfer transfer, any Rental Unit, other than a full interest in the fee simple title to all of the Rental Units, and to an agency, third party or individual that will assume the obligations set out in this Agreement.

Appears in 1 contract

Samples: Housing Agreement

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No Separate Sale. The Owner covenants with the District that the Owner will not sell or transfer, or agree to sell or transfer transfer, any Rental Unitinterest in any building on the Lands, a Dwelling Unit on the Lands other than a full interest in the fee simple title to all of the Rental Dwelling Units, and to an agency, third party agency or individual that will assume the obligations set out in this Agreement.

Appears in 1 contract

Samples: Housing Agreement

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