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
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