SUBORDINATION OF AGREEMENT. This Agreement and the restrictions hereunder are subordinate to the loans and loan documents, if any, on the Project except insofar as Section 42(h)(6)(E)(ii) of the Code requires otherwise (relating to the three-year period of eviction and rent restrictions in accordance with Section 42(h)(6)(E)(ii) of the Code and Section 6(d) hereof following the early termination of the Extended Use Period in accordance with Section 6(c) hereof).
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Samples: Declaration of Land Use Restrictive Covenants, Declaration of Land Use Restrictive Covenants, Land Use Restrictive Covenants
SUBORDINATION OF AGREEMENT. This Agreement and the restrictions hereunder are subordinate to the loans and loan documents, if any, on the Project except insofar as Section 42(h)(6)(E)(ii) of the Code requires otherwise (relating to the three-year period of eviction and rent restrictions in accordance with Section 42(h)(6)(E)(ii) of the Code and Section 6(d) hereof following the early termination of the Extended Use Period this Agreement in accordance with Section 6(c) hereof).
Appears in 3 contracts
Samples: Declaration of Land Use Restrictive Covenants, Declaration of Land Use Restrictive Covenants, Declaration of Land Use Restrictive Covenants
SUBORDINATION OF AGREEMENT. This Agreement and the restrictions hereunder are subordinate to the loans and loan documents, if any, on the Project except insofar as Section 42(h)(6)(E)(ii) of the Code requires otherwise (relating to the three-year period of eviction and rent restrictions in accordance with Section 42(h)(6)(E)(ii) of the Code and Section 6(d) hereof following the early termination of the Extended Use Period in accordance with Section 6(c) hereof).
Appears in 3 contracts
Samples: Declaration of Land Use Restrictive Covenants, Declaration of Land Use Restrictive Covenants, Declaration of Land Use Restrictive Covenants
SUBORDINATION OF AGREEMENT. This Agreement and the restrictions hereunder are subordinate to the loans and loan documents, if any, on the Project except insofar as Section 42(h)(6)(E)(ii) of the Code requires otherwise (relating to the three-year period of eviction and rent restrictions in accordance with Section 42(h)(6)(E)(ii) of the Code and Section 6(d) hereof following the early termination of the Extended Use Period in accordance with Section 6(c) hereof)).
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SUBORDINATION OF AGREEMENT. This Agreement and the restrictions hereunder are subordinate to the loans and loan documents, if any, on the Project except insofar as Section 42(h)(6)(E)(ii) of the Code requires otherwise (relating to the three-year period of eviction and rent restrictions in accordance with Section 42(h)(6)(E)(ii) of the Code and Section 6(d) hereof following the early termination of the Extended Use Period this Agreement in accordance with Section 6(c) hereof).
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