Common use of Residential Uses Clause in Contracts

Residential Uses. To the extent any new construction is residential in nature, the Owner agrees that pursuant to and compliant with the Fair Housing Amendments Act and any other applicable governing state, local and federal statutes and regulations, the design and marketing for such units will be market rate and not be geared towards undergraduate college students; and that Drexel will not designate such units as Drexel Approved Housing.

Appears in 3 contracts

Samples: Community Benefits Agreement, Community Benefits Agreement, Community Benefits Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!