Set Asides. 2.3.1. Amounts set aside from the Principal Limit shall be considered Loan Advances to the extent actually disbursed or earned by Lender.
Set Asides. Amounts in the 2024 Series C subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2024 Series C GNMA Certificates backed by 2024 Series C Mortgage Loans on Residential Housing located within designated areas within the State, (2) Eligible Borrowers meeting designated requirements and (3) Residential Housing meeting designated requirements, all as may be set forth in the Authority’s Program directives from time to time.
Set Asides. 2.3.1. Amounts set aside under this section shall be considered Loan Advances to the extent actually disbursed or earned by Lender.
Set Asides. This solicitation is set-aside for award priority to SBSD-certified micro businesses or small businesses when designated “Micro Business Set-Aside Award Priority” or “Small Business Set- Aside Award Priority” accordingly in the solicitation. SBSD-certified micro business or small businesses this include SBSD-certified women-owned and minority-owned businesses when they have received the SBSD small business certification. For purposes of award, offerors shall be deemed micro businesses or small businesses if and only if they are certified as such by SBSD on the due date for receipt of proposals.
Set Asides. Contract may be set aside for SBE participation where prior to Solicitation advertisement, there are at least three available SBEs to perform the contract, and where such set-aside is in the best interest of the County. Where applicable:
Set Asides. 34. As of the date of execution of the Agreement, there are a total of 257 Rental Applicants with Rental Assistance who have moved into Sponsor Units at Parkchester since August 1, 2022. Until there are a total of 593 additional Rental Applicants with Rental Assistance who have moved into Sponsor Units since August 1, 2022, Parkchester agrees that two out of every three Sponsor Units that become available for rent will be selected by Rental Applicants with Rental Assistance while the third apartment will be selected by a Rental Application without Rental Assistance. Once the additional 593 is met, this paragraph 34 shall be rendered a nullity and Parkchester will otherwise continue to comply with the law. For the avoidance of doubt, the foregoing obligation is not a requirement that at least 850 Rental Applicants with Rental Assistance must be living at Parkchester at any one time; it is a requirement that a total of 850 Rental Applicants with Rental Assistance have moved into Sponsor Units since August 1, 2022, whether or not those households move out of or vacate the Sponsor Unit before the 850 threshold is met, as such are still counted towards the 850 threshold. Further, in the event that for a reason outside of Parkchester’s control, a Sponsor Unit cannot be rented to a Rental Applicant with Rental Assistance – for instance, the Sponsor Unit does not pass Housing Quality Standards or similar government inspection, whether due to a violation in that specific Sponsor Unit or elsewhere in the building that contains the Sponsor Unit offered for lease and Parkchester is unable to make required repairs after using best efforts to do so – Parkchester is permitted to rent that Sponsor Unit to an applicant who does not have Rental Assistance without being in violation of this paragraph provided that (i) the same number of Rental Applicants with Rental Assistance who are skipped are then consecutively rented to (i.e., a true-up), and (ii) Parkchester produces documentation reflecting that the Sponsor Unit could not be rented to a Rental Applicant with Rental Assistance, on a quarterly basis pursuant to the production obligation in this paragraph below. Best efforts means Parkchester, in a timely manner, (i) where the violation that caused the Sponsor Unit to fail inspection exists within that specific Sponsor Unit, curing the violation to the extent financially feasible, or (ii) where the violation that caused the Sponsor Unit to fail inspection relates to a vi...
Set Asides. This solicitation is set-aside for award priority to DSBSD-certified micro businesses or small businesses when designated as “Micro Business Set-Aside Award Priority” or “Small Business Set-Aside Award Priority” accordingly in the solicitation. DSBSD-certified micro businesses or small businesses also includes DSBSD-certified women-owned and minority- owned businesses when they have received the DSBSD small business certification. For purposes of award, bidders/offerors shall be deemed micro businesses or small businesses if and only if they are certified as such by DSBSD on the due date for receipt of bids/proposals.
Set Asides. 2.3.1.Amounts set aside from the Principal Limit shall not be considered Loan Advances or bear interest except to the extent actually disbursed or earned by Xxxxxx.
Set Asides. The CITY shall establish a Set Aside Budget (the “SAB”), which shall not be included in the ORIGINAL GMP or the GMP. An SAB request is a written change order process utilized to request CITY changes to the PROJECT. An SAB authorization in response to such a request shall be mutually agreed upon in writing by both the CITY and the XXXX. Work stated in an SAB authorization shall not begin until the XXXX is in receipt of a signed, written change order approval to proceed by the CITY MANAGER, or designee. Upon final completion of the PROJECT, the remaining balance in the SAB shall be applied as a credit in favor of the CITY against the remaining, unpaid, balance of the final GMP. The SAB is further addressed in Article 3.
Set Asides. The Corporation’s obligation to provide cash in accordance with the preceding subsection shall be deemed fulfilled if, on or before the Call Date, the Corporation shall irrevocably deposit funds necessary for such redemption, in trust, with a bank or trust company that has, or is an affiliate of a bank or trust company that has, capital and surplus of at least $50 million, with irrevocable instructions that such cash be applied to the redemption of the Series A Preferred Stock so called for redemption, in which case the notice to holders of the Series A Preferred Stock will (i) state the date of such deposit, (ii) specify the office of such bank or trust company as the place of payment of the redemption price and (iii) require such holders to surrender the certificates, if any, representing such shares at such place on or about the date fixed in such redemption notice (which may not be later than the Call Date) against payment of the redemption price (including all accumulated accrued and unpaid dividends to the Call Date, determined as set forth in paragraph (d) of this Section 5). No interest shall accrue for the benefit of the holders of Series A Preferred Stock to be redeemed on any cash so set aside by the Corporation. Subject to applicable escheat laws, any such cash unclaimed at the end of six months from the Call Date shall revert to the general funds of the Corporation after which reversion the holders of such shares so called for redemption shall look only to the general funds of the Corporation for the payment of such cash.
