AHAP Contract definition

AHAP Contract means the Agreement to Enter Into a Housing Assistance Payments Contract between the Housing Authority of the City of Los Angeles and the Borrower, providing for housing assistance payments to be made to the Borrower for a period of not less than 15 years.]
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AHAP Contract means that certain ///[PBV Agreement to Enter Into Housing Assistance Payments Contract]/// dated as of , 2020, by and between Borrower and Contract Administrator.
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AHAP Contract means the Agreement to Enter into a Housing Assistance Payments Contract between Borrower and the Housing Authority, and relating to 137 units in the Improvements.
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Examples of AHAP Contract in a sentence

  • The Housing Assistance Payments Contract to be entered into between Borrower and the Housing Authority on or before the Conversion Date in the form attached to the AHAP Contract and consistent with the terms of the final proposal attached to the AHAP Contract.

  • Any agreements granting a security interest in collateral securing the Borrower Loan and/or any Hedge provided by Bank other than the Deed of Trust, including without limitation, assignments and consents to assignments of the Architect‟s Agreement, Construction Contract, if any, Plans, any property management agreement or asset management agreement, the Assignment of Tax Credits and Partnership Interests, the Assignment of Hedge (if any), the Assignment of AHAP Contract, and the Assignment of HAP Contract.

  • Borrower will timely perform all obligations of Borrower with respect to the HAP Contract and the AHAP Contract, and shall take all actions necessary to maintain the HAP Contract and the AHAP Contract in full force and effect and to prevent the termination or reduction of the Section 8 Payments to the Project provided thereunder.

  • Borrower shall observe and comply with all of the terms and conditions set forth in Subordinate Documents, all Regulatory Agreements, the AHAP Contract and the HAP Contract (after the HAP Contract has been fully executed).

  • Subordinate Documents (excluding the AHSC Permanent Loan Documents except as otherwise provided in Section 4.1.12 above) and the AHAP Contract, each in a form acceptable to Bank.

  • Each and every covenant, condition and obligation contained in the Tax Credit Allocation Documents, the Subordinate Documents, the AHAP Contract and the HAP Contract (after the HAP Contract has been fully executed) required to be performed or satisfied as of the date hereof, and each and every matter required to be approved thereunder as of the date hereof, has been satisfied or approved, as applicable.

  • Borrower agrees that it shall not modify, amend, terminate or reduce the number of Project units included under the scope of the HAP Contract or AHAP Contract without first obtaining Bondowner Representative’s prior written consent.

  • Xxxxxxxx agrees that it shall not modify, amend, terminate or reduce the number of Project units included under the scope of the HAP Contract or AHAP Contract without first obtaining Bondowner Representative’s prior written consent.


More Definitions of AHAP Contract

AHAP Contract means that certain . “Alpha 9% Apartments” has the meaning set forth in Recital B.
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AHAP Contract shall have the meaning set forth in Section 4.1(w).
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AHAP Contract means, collectively, (i) that certain Agreement to Enter Into Housing Assistance Payments Contract entered into between the Partnership and the Housing Authority of the City of Los Angeles in connection with the Apartment Complex, providing for a HAP Contract with a term of not less than 15 years following Completion, with an automatic extension for an additional 15 years (subject to federal appropriations), and providing for project-based vouchers for 45 low-income units at the Apartment Complex, and (ii) that certain Rental Assistance Demonstration (RAD) Conversion Commitment entered into between the Partnership, HUD and the Housing Authority of the City of Los Angeles in connection with the Apartment Complex, providing for a Project-Based Voucher Rental Assistance Demonstration HAP Contract with a term of not less than 15 years following Construction Completion, with an obligation to offer an extension for not less than an additional 15 years (subject to federal appropriations), and providing for project-based vouchers for 9 low-income units at the Apartment Complex.
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Related to AHAP Contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Swap Contract means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Derivative Contract means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, repurchase transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement, including any such obligations or liabilities under any such master agreement.

  • Affiliate Contract means any contract or agreement between the Company or any of its Subsidiaries (including the Partnership Group), on the one hand, and any Member or Members or any Affiliate or Affiliates of Members, on the other hand.