Owner-Occupancy Requirement and Continuing Program Compliance Certification Sample Clauses

Owner-Occupancy Requirement and Continuing Program Compliance Certification. Homebuyer shall occupy, establish, and continually use the Property as Homebuyer’s principal, permanent residence within thirty (30) days after the Recordation Date and shall continuously occupy the Property as Homebuyer’s principal, permanent residence thereafter throughout the Affordability Period. Homebuyer agrees to deliver to City, not less frequently than annually and not later than fifteen (15) days after written request therefor from City, written certification, under penalty of perjury, of (i) continuous owner-occupancy of the Property as Homebuyer’s principal residence, and (ii) compliance with all Program requirements, during the then immediately preceding one-year period. The form of such certification shall be substantially in the form of the Annual Certification of Continued Occupancy and Program Compliance, Attachment No. 6, attached hereto. HOMEBUYER EXPRESSLY ACKNOWLEDGES HAVING READ AND UNDERSTOOD THE REQUIREMENT OF THIS SECTION 4.2 TO CONTINUOUSLY OCCUPY THE PROPERTY AS HOMEBUYER’S PRINCIPAL, PERMANENT RESIDENCE, AND HOMEBUYER FURTHER ACKNOWLEDGES THAT FAILURE TO OCCUPY THE PROPERTY IS A DEFAULT UNDER THE DEED OF TRUST WHICH WILL RESULT IN THE PROMISSORY NOTE SECURED BY THE DEED OF TRUST BECOMING IMMEDIATELY DUE AND PAYABLE IN FULL. HOMEBUYER’S INITIALS:
Sample 1
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Related to Owner-Occupancy Requirement and Continuing Program Compliance Certification

  • Project Completion Report At the completion of construction and once a Project is placed in service, the Subrecipient must submit a Project Completion Report that includes the total number of units built and leased, affordable units built and leased, DR-MHP units built and leased, an accomplishment narrative, and the tenants names, demographics and income for each DR-MHP unit.

  • TAX COMPLIANCE CERTIFICATION Contractor hereby affirms, under penalty of perjury as provided in ORS 305.385(6), that, to the best of Contractor’s knowledge, the Contractor is not in violation of any of the tax laws described in ORS 305.380(4). For purposes of this certification, “tax laws” means a state tax imposed by ORS 320.005 to 320.150 and 403.200 to 403.250, ORS Chapters 118, 314, 316, 317, 318, 321 and 323; the elderly rental assistance program under ORS 310.630 to 310.706; and local taxes administered by the Oregon Department of Revenue under ORS 305.620.

  • ADDITIONAL SPECIAL CONTRACT CONDITIONS A. Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

  • Project Reports; Completion Report 1. The Recipient shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 2.06 of the Standard Conditions and on the basis of indicators agreed with the World Bank. Each Project Report shall cover the period of one (1) calendar semester, and shall be furnished to the World Bank not later than one (1) month after the end of the period covered by such report.

  • CONTRACT COMPLIANCE REQUIREMENT The HUB requirement on this Contract is 0%. The student engagement requirement of this Contract is 0 hours. The Career Education requirement for this Contract is 0 hours. Failure to achieve these requirements may result in the application of some or all of the sanctions set forth in Administrative Policy 3.10, which is hereby incorporated by reference.

  • Compliance Certification From time to time the Sub-Adviser shall provide such certifications with respect to Rule 38a-1 under the 1940 Act, as are reasonably requested by the Fund or the Manager. In addition, the Sub-Adviser will, from time to time, provide a written assessment of its compliance program in conformity with current industry standards that is reasonably acceptable to the Fund to enable the Fund to fulfill its obligations under Rule 38a-1 under the 1940 Act.

  • Contractual and Operational Compliance Audits (a) ICANN may from time to time (not to exceed twice per calendar year) conduct, or engage a third party to conduct, contractual compliance audits to assess compliance by Registry Operator with its representations and warranties contained in Article 1 of this Agreement and its covenants contained in Article 2 of this Agreement. Such audits shall be tailored to achieve the purpose of assessing compliance, and ICANN will (a) give reasonable advance notice of any such audit, which notice shall specify in reasonable detail the categories of documents, data and other information requested by ICANN, and

  • Drawings and Specifications at the Project Site The Contractor shall keep at the Site at least one copy of the Contract Documents and Change Orders, all in good order and available to the Design Professional and to his representatives.

  • FERPA Compliance In connection with all FERPA Records that Contractor may create, receive or maintain on behalf of University pursuant to the Underlying Agreement, Contractor is designated as a University Official with a legitimate educational interest in and with respect to such FERPA Records, only to the extent to which Contractor (a) is required to create, receive or maintain FERPA Records to carry out the Underlying Agreement, and (b) understands and agrees to all of the following terms and conditions without reservation:

  • SPECIAL CONTRACT REQUIREMENTS The Special Contract Requirements are provisions that relate directly to the performance of this contract.

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