Use of Development. Tenant its agents, employees, contractors and invitees shall use the Building and the Development and conduct any operations thereon in compliance with all applicable federal, state and local environmental statutes, regulations, ordinances and any permits, approvals or judicial or administrative orders issued thereunder to Landlord or Tenant
Use of Development. The Developer hereby agrees that, for the entire Term, the Development will be used and continuously operated only as affordable housing in accordance with all applicable requirements of the California Community Redevelopment Law (the “Law”), including, but not limited to, the requirement that such housing be provided to households described in Section 50079.5 of the Law, at rents not exceeding the amounts set forth in Section 50053(b)(3). In the event of any conflict between the terms of this Agreement and the Regulatory Agreement, the Developer shall comply with the stricter requirement. In addition, the Developer shall comply with the TCAC Regulatory Agreement (each while they are in effect) all other applicable laws, statutes, and regulations governing the Development, including, but not limited to affordability restrictions of all other public entities encumbering the Phase and the applicable requirements of Code Section 42, and all TCAC regulations, for such time that the Development is subject to such regulations.
Use of Development. Owner acknowledges and agrees that, as a condition of the Real Property receiving a tax abatement in accordance with the HID Laws, Development Owner constructed the Development to be used for Residential Use and committed to setting aside certain Housing Units as Affordable Housing Units in accordance with this Covenant and the HID Laws. Subject to such temporary closures or use cessations necessary for an Owner to make restorations to the improvements for casualty or condemnation, alterations, or repairs, Owner will continuously use and operate the Development for Residential Use during the Covenant Term. If an Owner intends to temporarily close or cease using any portion of the improvements owned by such Owner to make a restoration, alteration, or repair, the Owner shall provide written notice to DMPED and DHCD prior to undertaking such restoration, alteration, or repair. An Owner shall not use any portion of the Development it owns for any use other than Residential Use.
Use of Development. (a) Lessee shall at all times during the Lease Term operate the Development to provide low-income housing. In selecting Residents and establishing the rent payable by Residents, Lessee shall comply with the terms of the Regulatory Agreements.
(b) Lessee shall comply with all applicable and lawful statutes, rules, orders, ordinances, requirements and regulations of the United States, the State of California, and any other governmental authority having jurisdiction over the Development; however, the Lessee may, in good faith and on reasonable grounds, dispute the applicability or the validity of any charge, complaint, or action taken pursuant to or under color of any statues, rule, order, ordinance, requirement or regulation, defend against same, and in good faith diligently conduct any necessary proceedings to prevent and avoid any adverse consequence of same. Lessee agrees that any such contest shall be prosecuted to a final conclusion as speedily as reasonably possible.
(c) Lessee shall:
(i) not use the Development for any disorderly or unlawful purpose, but only to provide affordable housing and related services;
(ii) use best efforts, including but not limited to seeking legal or equitable relief where appropriate, to prevent any Resident from committing or maintaining any nuisance or unlawful conduct on or about the Development;
(iii) use best efforts to prevent any Resident from violating any of the covenants and conditions of this Lease, the Operating Agreement, or the Approved Financing Documents with respect to the Development;
(iv) use best efforts to xxxxx any violation of this Lease by any Resident upon notice from the County; and
(v) permit the County and its agents to inspect the Development at any reasonable time during the Lease Term.
Use of Development. (a) The Developer hereby agrees that, for the entire Term, the Development will be used only for uses consistent with the City Approvals, the City Documents and the Plans.
(b) As more particularly set forth in the Regulatory Agreement, the Development shall be used exclusively for housing made available to, and occupied by, senior Low-Income Households.
Use of Development. The Developer hereby agrees that, for the entire Term, the Development will be used and continuously operated as affordable housing consistent with the Regulatory Agreement and the TCAC regulatory agreement, and any other regulatory agreement in accordance with all applicable requirements of the California Community Redevelopment Law (the "Law"), including, but not limited to, the requirement that such housing be provided to households described in Section 50079.5 of the Law, at rents not exceeding the amounts set forth in Section 50053(b)(3). In the event of any conflict between the terms of this Agreement, the City Regulatory Agreement, the County Loan Documents and the TCAC Regulatory Agreement, the Developer shall comply with the stricter requirement. In addition, the Developer shall comply all other applicable laws, statutes, and regulations governing the Development, including, but not limited to the applicable requirements of Code Section 42, and all TCAC regulations, for such time that the Development is subject to such regulations.
