Common use of Written Consent Not Required Clause in Contracts

Written Consent Not Required. Notwithstanding the foregoing Section 7.1, the written consent of the Trustees is not required: (i) to lease or rent Housing Units to qualified Residents for their use as contemplated by the Credit Program; (ii) for any other incidental use, to the extent permissible under all applicable federal, state and local laws and regulations; (iii) to grant a security interest junior to the interest of OHFA, or (iv) for a change in or addition to the limited partners of Owner limited partnership, if Owner is so organized.

Appears in 5 contracts

Samples: www.northstareq.com, www.ok.gov, www.state.ok.us

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