Common use of Phase-Out Period Clause in Contracts

Phase-Out Period. 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 and that is in compliance with then existing rent legislation.

Appears in 4 contracts

Samples: Contribution Agreement, Contribution Agreement, Contribution Agreement

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Phase-Out Period. 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 and that is in compliance with then existing rent legislation.. [NTD: if required]

Appears in 1 contract

Samples: Contribution Agreement

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