Required Acceptance of Certain Grants and Vouchers Sample Clauses

Required Acceptance of Certain Grants and Vouchers. Borrower shall accept tenant-based vouchers and/or grants from the Housing Choice Voucher Program and the Arlington County Department of Human Services Housing Grants Program as part of the rental payment from qualified households. The monthly rent remaining after these subsidies are applied will be used to determine if the resident income meets the minimum income requirement for prospective Tenants who are participants in the Housing Choice Voucher Program and/or the Supportive Housing Rental Assistance Program. The Borrower shall not be required to give preference to such participants over other qualified Income-Restricted Unit households.
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Required Acceptance of Certain Grants and Vouchers. Borrower covenants and agrees that during the term of the AHIF Affordability Compliance Period, the Borrower shall accept project-based vouchers from the Housing Choice Voucher Program as part of the rental payment from qualified households and to suspend any requirement for minimum income for prospective Tenants who are participants in the Housing Choice Voucher Program; provided, however, that the Borrower shall not be required to give preference to such participants over other qualified Income-Restricted Unit households.
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Required Acceptance of Certain Grants and Vouchers. Borrower covenants and agrees that during the term of the Affordability Compliance Period, the Borrower shall accept Arlington County housing grants and HUD section 8 housing choice vouchers as part of the rental payment from qualified households and to suspend any requirement for minimum income for prospective Tenants who are participants in the Arlington County Housing Grants and Section 8 Housing Choice Vouchers programs; provided, however, that the Borrower shall not be required to give preference to such participants over other qualified Income- Restricted Unit households.
Sample 1
Required Acceptance of Certain Grants and Vouchers. Borrower shall accept project-based vouchers from the Housing Choice Voucher Program and the Supportive Housing Rental Assistance Program as part of the rental payment from qualified households and to suspend any requirement for minimum income for prospective Tenants who are participants in the Housing Choice Voucher Program and/or the Supportive Housing Rental Assistance Program; provided, however, that the Borrower shall not be required to give preference to such participants over other qualified Income-Restricted Unit households.
Sample 1

Related to Required Acceptance of Certain Grants and Vouchers

  • Absence of Certain Agreements Neither Parent nor any of its Affiliates has entered into any contract, arrangement or understanding (in each case, whether oral or written), or authorized, committed or agreed to enter into any contract, arrangement or understanding (in each case, whether oral or written), pursuant to which: (a) any stockholder of the Company would be entitled to receive consideration of a different amount or nature than the Merger Consideration or pursuant to which any stockholder of the Company (i) agrees to vote to adopt this Agreement or the Merger or (ii) agrees to vote against any Superior Proposal or (b) any Third Party has agreed to provide, directly or indirectly, equity capital to Parent or the Company to finance in whole or in part the Merger.

  • Notice of Certain Events Affecting Registration; Suspension of Right to Make an Advance The Company will immediately notify the Investor upon its becoming aware of the occurrence of any of the following events in respect of a registration statement or related prospectus relating to an offering of Registrable Securities: (i) receipt of any request for additional information by the SEC or any other Federal or state governmental authority during the period of effectiveness of the Registration Statement for amendments or supplements to the registration statement or related prospectus; (ii) the issuance by the SEC or any other Federal or state governmental authority of any stop order suspending the effectiveness of the Registration Statement or the initiation of any proceedings for that purpose; (iii) receipt of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; (iv) the happening of any event that makes any statement made in the Registration Statement or related prospectus of any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the making of any changes in the Registration Statement, related prospectus or documents so that, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading, and that in the case of the related prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and (v) the Company's reasonable determination that a post-effective amendment to the Registration Statement would be appropriate; and the Company will promptly make available to the Investor any such supplement or amendment to the related prospectus. The Company shall not deliver to the Investor any Advance Notice during the continuation of any of the foregoing events.

  • Notification of Certain Matters The Company shall give prompt notice to Parent, and Parent shall give prompt notice to the Company, of (i) the occurrence or non-occurrence of any event, the occurrence or non-occurrence of which is likely to cause any representation or warranty of the Company and Parent, respectively, contained in this Agreement to be untrue or inaccurate at or prior to the Effective Time and (ii) any failure of the Company or Parent, as the case may be, to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it hereunder; provided, however, that the delivery of any notice pursuant to this Section 5.9 shall not limit or otherwise affect any remedies available to the party receiving such notice.

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