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. Amounts in the 2024 Series B subaccount of the Acquisition Account may be reserved for designated periods for (1) the purchase of 2024 Series B GNMA Certificates backed by 2024 Series B 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. 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. 2.3.1. Amounts set aside from the Principal Limit shall be considered Loan Advances to the extent actually disbursed or earned by Lender.
2.3.2. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan (Exhibit 1) for repairs to be made in accordance with a Repair Rider attached to and made a part of this Loan Agreement (Exhibit 3).
2.3.3. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan (Exhibit 1) to be applied to payments due for first year property charges consisting of taxes, hazard insurance, ground rents and assessments.
2.3.4. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan (Exhibit 1) to be applied to payment due for a fixed monthly charge for servicing activities of Lender or its servicer. Such servicing activities are necessary to protect Lender's interest in the Property. A servicing fee set aside, if any, is not available to the Borrower for any purpose, except to pay for loan servicing.
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.
2.3.2. Lender shall initially set aside from the Borrower’s Advance the amount indicated on the attached payment plan (Exhibit 1) for repairs to be made in accordance with a Repair Rider attached to and made a part of this Loan Agreement (Exhibit 3).
2.3.3. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan (Exhibit 1) to be applied to payment due for a fixed monthly charge for servicing activities of Lender or its servicer. Such servicing activities are necessary to protect Lender's interest in the Property. A servicing fee set aside, if any, is not available to the Borrower for any purpose, except to pay for loan servicing.
Set-Asides. 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 violat...
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 be considered Loan Advances to the extent actually disbursed or earned by Lender.
2.3.2. Lender shall initially set aside from the Principal Limit the amount indicated on the Payment Plan for repairs to be made in accordance with a Repair Rider attached to and made a part of this Loan Agreement (Exhibit 3). This set-aside remains available for disbursement during any Deferral Period and the Lender may add such disbursements to the Principal Balance for the sole purpose of paying the cost of the repairs specifically identified in the Repair Rider. Additionally, such repairs may only be disbursed if the repairs are satisfactorily completed during the time period established in the Repair Rider.
2.3.3. Lender shall initially set aside from the Principal Limit the amount indicated on the Payment Plan to be applied to payment due for a fixed monthly charge for servicing activities of Lender or its servicer. Such servicing activities are necessary to protect Lender's interest in the Property. A servicing fee set-aside, if any, is not available to the Borrower for any purpose, except to pay for loan servicing. A servicing set-aside under this Section remains available for Page 4 of 15 disbursement during any Deferral Period and the Lender may add such disbursements to the Principal Balance.
2.3.4. Lender shall set aside from the Principal Limit any amounts required by Section 2.10 as indicated on the Payment Plan.
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 Xxxxxx.
2.3.2. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan (Exhibit 1) for repairs to be made in accordance with a Repair Rider attached to and made a part of this Loan Agreement (Exhibit 3).
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.
2.3.2. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan for repairs to be made in accordance with a Repair Rider attached to and made a part of this Loan Agreement.
2.3.3. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan to be applied to payments due for first year property charges consisting taxes, hazard insurance, ground rents and assessments.
2.3.4. Lender shall initially set aside from the Principal Limit the amount indicated on the attached payment plan to be applied to payment due for a fixed monthly charge for servicing activities of Lender or servicer. A servicing fee set aside, if any, is not available to the borrower for any purpose, except to pay for loan servicing. 4330.1 REV-5 APPENDIX 68
