Common use of Phase-Out Period Clause in Contracts

Phase-Out Period. 5.1 During the Phase-out Period, the Proponent shall not increase the rent charged to in-situ tenants of Units by more than the rent guideline increase permitted under section 4.2 and any additional increase that may be approved under section 4.3. 5.2 Upon a Unit becoming vacant during the Phase-out Period, the Proponent may rent the Unit to a new tenant at any rent agreed to by the Proponent and the new tenant.

Phase-Out Period. 5.1 During the Phase-out Period, the Proponent shall not increase the rent charged to in-situ tenants of Units by more than the rent guideline increase permitted under section 4.2 and any additional increase that may be approved under section 4.34.2. 5.2 Upon a Unit becoming vacant during the Phase-out Period, the Proponent may rent the Unit to a new tenant at any rent agreed to by the Proponent and the new tenant.

Phase-Out Period. 5.1 6.1 During the Phase-out Period, the Proponent shall not increase the rent charged to in-situ tenants of Units by more than the rent guideline increase permitted under section 4.2 and any the additional increase that may be approved permitted under section 4.3. 5.2 6.2 Upon a Unit becoming vacant during the Phase-out Period, the Proponent may rent the Unit to a new tenant at any rent agreed to by the Proponent and the new tenant.

Phase-Out Period. 5.1 During the Phase-out Period, the Proponent shall not increase the rent charged to in-in- situ tenants of Units by more than the rent guideline increase permitted under section 4.2 and any additional increase that may be approved under section 4.3. 5.2 Upon a Unit becoming vacant during the Phase-out Period, the Proponent may rent the Unit to a new tenant at any rent agreed to by the Proponent and the new tenant.