Qualified Residential Rental Project Exempt Facility Bonds. The Borrower shall assure that the proceeds of the Governmental Lender Note are used in a manner such that the Governmental Lender Note will satisfy the requirements of section 142(d) of the Code relating to qualified residential rental projects.
Appears in 2 contracts
Qualified Residential Rental Project Exempt Facility Bonds. The Borrower Governmental Lender shall assure that the proceeds of the Governmental Lender Note are used in a manner such that the Governmental Lender Note will satisfy the requirements of section 142(d) of the Code relating to qualified residential rental projects.
Appears in 1 contract
Samples: Funding Loan Agreement
Qualified Residential Rental Project Exempt Facility Bonds. The Borrower Governmental Lender shall assure that the proceeds of the Governmental Lender Note Notes are used in a manner such that the Governmental Lender Note Notes will satisfy the requirements of section 142(d) of the Code relating to qualified residential rental projects.
Appears in 1 contract
Samples: Funding Loan Agreement
Qualified Residential Rental Project Exempt Facility Bonds. The Borrower Governmental Lender shall assure that the proceeds of the Governmental Lender Note are used in a manner such that the Governmental Lender Note will satisfy the requirements of section Section 142(d) of the Code relating to qualified residential rental projects.
Appears in 1 contract
Samples: Funding Loan Agreement
