Examples of Covenant Period in a sentence
Preservation developments still in their extended low income commitment period as set forth in the Restrictive Covenant Period are not eligible to use Income Averaging.
The “Pro Rata Repayment Amount” shall be the amount obtained by multiplying the original Rebate amount times the percentage obtained by dividing the number of months remaining in the five (5) year covenant period that commences on the month the Declaration is recorded, and ends on the 5th anniversary (the “Covenant Period”) by 60, which is the total number of months in the Covenant Period (12 months x 5 years).
During the Covenant Period, the Community Space shall be utilized for the benefit of residents of the Affordable Units in accordance with the parameters set forth in the Scope of Development (Attachment No. 4 to the DDA).
Stakeholder IdentificationCarbonNet has used a number of methods to determine the key stakeholders for this activity.
Nothing herein shall prohibit Dealer from contracting with or causing any third party or parties to perform any of Dealer’s obligations hereunder, provided that in such event Dealer shall remain fully responsible to Agency for the performance of the Covenant during the Covenant Period.