Common use of Utility Allowance Clause in Contracts

Utility Allowance. To the extent that Tenants pay their own utility charges, the maximum monthly rent shall be reduced by a Utility Allowance, as set forth on Exhibit G hereto (which Exhibit G shall be replaced and updated from time to time by the County Manager or his designee during the term of the AHIF Affordability Compliance Period), or as otherwise agreed to by the Borrower and the County Manager or his designee.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

AutoNDA by SimpleDocs

Utility Allowance. To the extent that Tenants pay their own utility charges, the maximum monthly rent shall be reduced by a Utility Allowance, as set forth on Exhibit G H hereto (which Exhibit G H shall be replaced and updated from time to time by the County Manager or his designee during the term of the AHIF Affordability Compliance Period), or as otherwise agreed to by the Borrower and the County Manager or his designee.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

AutoNDA by SimpleDocs

Utility Allowance. To the extent that Tenants pay their own utility charges, the maximum monthly rent shall be reduced by a Utility Allowance, as set forth on Exhibit G H hereto (which Exhibit G H shall be replaced and updated from time to time by the County Manager or his designee during the term of the AHIF Affordability Compliance Period), or as otherwise agreed to by the Borrower and the County Manager or his designee.

Appears in 1 contract

Samples: Loan Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!