Common use of Tenant not in Compliance Clause in Contracts

Tenant not in Compliance. In the event that a previously qualified Tenant is being evicted or removed for a default involving non-compliance with the occupancy requirements/income restrictions or lease terms described in this Article IV, the Borrower will continue to be considered in compliance with this document as long as the Borrower is pursuing possession of the Income-Restricted Unit occupied by such Tenant through all available legal means.

Appears in 13 contracts

Samples: Loan Agreement, Loan Agreement, Fund Loan Agreement

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