Common use of Tenant Selection Process; Reports and Records Concerning Tenancies Clause in Contracts

Tenant Selection Process; Reports and Records Concerning Tenancies. Borrower shall maintain such records and satisfy such reporting requirements as may be reasonably imposed by Commission to monitor compliance with the tenanting requirements described in Section 10.1 above, including without limitation the requirement that Borrower deliver reports to Commission commencing at the close of the initial occupancy of the Project, and continuing annually thereafter, setting forth the name of each tenant, the unit occupied and the income of the Borrower and the amount of rent payable by each tenant. Borrower shall also be required to have each prospective tenant complete a rental application prior to occupancy and to obtain evidence from each such Borrower as may be reasonably required by Commission to certify such Borrower's qualification for occupancy of the Project. Borrower's obligation to provide such reports shall remain in force and effect for the same duration as the use covenants set forth in Section 10.1.

Tenant Selection Process; Reports and Records Concerning Tenancies. Borrower Owner shall maintain such records and satisfy such reporting requirements as may be reasonably imposed by the Commission to monitor compliance with the tenanting requirements described in Section 10.1 Paragraph (1)a above, including without limitation the requirement that Borrower Owner deliver reports to the Commission commencing at the close of the initial occupancy of the Project, and continuing annually thereafter, setting forth the name of each tenant, the unit occupied and the income of the Borrower tenant and the amount of rent payable by each tenant. Borrower Owner shall also be required to have each prospective tenant complete a rental application prior to occupancy and to obtain evidence from each such Borrower tenant as may be reasonably required by the Commission to certify such Borrowertenant's qualification for occupancy of the Project. BorrowerOwner's obligation to provide such reports shall remain in force and effect for the same duration as the use covenants set forth in Section 10.1this Paragraph (1).

Tenant Selection Process; Reports and Records Concerning Tenancies. Borrower Owner shall maintain such records and satisfy such reporting requirements as may be reasonably imposed by the Commission to monitor compliance with the tenanting requirements described in Section 10.1 (1) above, including without limitation the requirement that Borrower Owner deliver reports to the Commission commencing at the close of the initial occupancy of the Project, and continuing annually thereafter, setting forth the name of each tenant, the unit occupied and the income of the Borrower tenant and the amount of rent payable by each tenant. Borrower Owner shall also be required to have each prospective tenant complete a rental application prior to occupancy and to obtain evidence from each such Borrower tenant as may be reasonably required by the Commission to certify such Borrowertenant's qualification for occupancy of the Project. BorrowerOwner's obligation to provide such reports shall remain in force and effect for the same duration as the use covenants set forth in this Section 10.1(1).

Tenant Selection Process; Reports and Records Concerning Tenancies. Borrower Owner shall maintain such records and satisfy such reporting requirements as may be reasonably imposed by Commission First 5 LA to monitor compliance with the tenanting requirements described in Section 10.1 Paragraph (2)a above, including without limitation the requirement that Borrower Owner deliver reports to Commission First 5 LA commencing at the close of the initial occupancy of the Project, and continuing annually thereafter, setting forth the name of each tenant, the unit occupied and the income of the Borrower tenant and the amount of rent payable by each tenant. Borrower Owner shall also be required to have each prospective tenant complete a rental application prior to occupancy and to obtain evidence from each such Borrower tenant as may be reasonably required by Commission First 5 LA to certify such Borrowertenant's qualification for occupancy of the Project. BorrowerOwner's obligation to provide such reports shall remain in force and effect for the same duration as the use covenants set forth in Section 10.1this Paragraph (2).

Tenant Selection Process; Reports and Records Concerning Tenancies. Borrower Owner shall maintain such records and satisfy such reporting requirements as may be reasonably imposed by the Commission to monitor compliance with the tenanting requirements described in Section 10.1 1(a) above, including without limitation the requirement that Borrower Owner deliver reports to the Commission commencing at the close date of the initial occupancy of the Project, and continuing annually thereafter, setting forth the name of each tenant, the unit occupied and the income of the Borrower tenant and the amount of rent payable by each tenant. Borrower Owner shall also be required to have each prospective tenant complete a rental application prior to occupancy and to obtain evidence from each such Borrower tenant as may be reasonably required by the Commission to certify such Borrowertenant's qualification for occupancy of the Project. BorrowerOwner's obligation to provide such reports shall remain in force and effect for the same duration as the use covenants set forth in this Section 10.11.