Common use of Transfer of NRMR Clause in Contracts

Transfer of NRMR. (1) In the event this Agreement is terminated, the Homebuyer shall not receive any balance or be required to pay any deficit in the NRMR. When a sub- sequent Homebuyer moves in, the NRMR shall continue to be applicable to the Home in the same amount as if the preceding Homebuyer had continued in occupancy.

Transfer of NRMR. (1) In the event this the Homebuyer’s Ownership Oppor- tunity Agreement is terminated, the Homebuyer homebuyer shall not receive any balance bal- ance or be required to pay any deficit in the NRMR. When a sub- sequent Homebuyer subsequent homebuyer moves in, the NRMR shall continue to be applicable to the Home home in the same amount as if the preceding Homebuyer homebuyer had continued in occupancyoccu- pancy.