Common use of RESTRICTIVE COVENANT – USE AND OCCUPANCY OF PROPERTY Clause in Contracts

RESTRICTIVE COVENANT – USE AND OCCUPANCY OF PROPERTY. 3.01 USE OF PROPERTY During the Term, Developer will maintain the Property as affordable rental housing and will rent or hold available each Qualifying Unit for rental on a continuous basis to meet the occupancy requirements of this Agreement.

Appears in 19 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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RESTRICTIVE COVENANT – USE AND OCCUPANCY OF PROPERTY. 3.01 USE OF PROPERTY During the Term, Developer will maintain the Property as affordable rental housing and will rent or hold available each Qualifying Unit for rental on a continuous basis to meet the occupancy requirements of this Agreement.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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