Common use of Purpose of Restrictions on Transfer Clause in Contracts

Purpose of Restrictions on Transfer. This Agreement is entered into for the purpose of providing the Borrower with the AHIF Loan to help facilitate the acquisition, construction, renovation, and operation of the Property by the Borrower or its successors or permitted assigns in accordance with the terms of this Agreement and the other AHIF Loan Documents. The qualifications and identity of APAH and the Borrower or its successors or permitted assigns, as approved by the County Board, is of particular concern to the County Board, in view of:

Appears in 2 contracts

Samples: Loan Agreement, Subordination Agreement

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Purpose of Restrictions on Transfer. This Agreement is entered into for the purpose of providing the Borrower with the AHIF Loan to help facilitate the acquisition, construction, renovation, and operation of the Property by the Borrower or its successors or permitted assigns in accordance with the terms of this Agreement and the other AHIF Loan Documents. The qualifications and identity of APAH WHDC and the Borrower or its successors or permitted assigns, as approved by the County BoardStaff, is of particular concern to the County Board, in view of:

Appears in 2 contracts

Samples: Intercreditor and Subordination Agreement, Intercreditor and Subordination Agreement

Purpose of Restrictions on Transfer. This Agreement is entered into for the purpose of providing the Borrower with the AHIF Acquisition Loan to help facilitate the acquisition, construction, renovation, and operation its acquisition of the Xxxxxxx Place Property by the Borrower or its successors or permitted assigns in accordance with the terms of this Agreement and the other AHIF County Loan Documents. The qualifications and identity of APAH and the Borrower or its successors or permitted assignsBorrower, as approved by the County BoardStaff, is of particular concern to the County Board, in view of:

Appears in 1 contract

Samples: Loan Agreement

Purpose of Restrictions on Transfer. This Agreement is entered into for the purpose of providing the Borrower with the AHIF Loan to help facilitate the acquisition, construction, renovation, and operation of the Property by the Borrower or its successors or permitted assigns in accordance with the terms of this Agreement and the other AHIF Loan Documents. The qualifications and identity of APAH AHC and the Borrower or its successors or permitted assigns, as approved by the County Board, is of particular concern to the County Board, in view of:

Appears in 1 contract

Samples: Affordable Housing Investment Fund Loan Agreement

Purpose of Restrictions on Transfer. This Agreement is entered into for the purpose of providing the Borrower with the AHIF Loan to help facilitate the acquisition, construction, renovation, and operation of the Property by the Borrower or its successors or permitted assigns in accordance with the terms of this Agreement and the other AHIF Loan Documents. The qualifications and identity of APAH and the Borrower or its their successors or permitted assigns, as approved by the County Board, is of particular concern to the County Board, in view of:

Appears in 1 contract

Samples: Loan Agreement

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Purpose of Restrictions on Transfer. This Agreement is entered into for the purpose of providing the Borrower with the AHIF Loan to help facilitate the acquisition, construction, renovation, and operation of the Property by the Borrower or its successors or permitted assigns in accordance with the terms of this Agreement and the other AHIF Loan Documents. The qualifications and identity of APAH and the Borrower or its successors or permitted assigns, as approved by the County Board, is of particular concern to the County Board, in view of:

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement

Purpose of Restrictions on Transfer. This Agreement is entered into for the purpose of providing the Borrower with the AHIF Loan to help facilitate the acquisition, construction, renovation, and operation of the Property by the Borrower or its successors or permitted assigns in accordance with the terms of this Agreement and the other AHIF Loan Documents. The qualifications and identity of APAH WHDC and the Borrower or its successors or permitted assigns, as approved by the County Board, is of particular concern to the County Board, in view of:

Appears in 1 contract

Samples: Loan Agreement

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