Examples of HOPWA Term in a sentence
If, in the sole determination of the County, there is a cure for AIDS and therefore no need for the HOPWA-Assisted Units, the County shall provide to Borrower a written notice that sets forth the termination date of the HOPWA Term.
The organizational structure of Borrower is accurately depicted by the schematic diagram attached hereto as EXHIBIT C.
If, upon the annual certification of the income of a HOPWA-Eligible Household during the HOPWA Term, Borrower determines that the Tenant has an Adjusted Income exceeding the maximum qualifying income of an Extremely Low Income Household, the Tenant may continue to occupy the Unit and Borrower shall continue to charge such Tenant Rent consistent with Section 2.2(a)(1) above.
After the expiration or termination of the HOPWA Term pursuant to Section 2.5 and subject to Section 2.4(a)(3), the Rent paid by a new Tenant of a HOPWA-Assisted Unit that is an Extremely Low Income Household may not exceed the Extremely Low Income Rent.
Subject to the provisions of Section 2.4(a) below the Rent paid by a HOPWA-Eligible Household that occupies a HOPWA- Assisted Unit during the HOPWA Term and that continues to reside in the Unit following the expiration of the HOPWA Term, must be equal to the amount specified in Section 2.2(a)(1).
After the expiration or termination of the HOPWA Term pursuant to Section 2.5 and subject to Section 2.4(a), the Rent paid by a new Tenant of a HOPWA-Assisted Unit that is an Extremely Low Income Household may not exceed the Extremely Low Income Rent.
If upon the annual certification of the income of a HOPWA-Eligible Household during the HOPWA Term, Borrower determines that the Tenant has an Adjusted Income exceeding the maximum qualifying income of an Extremely Low Income Household the Tenant may continue to occupy the Unit and Borrower shall continue to charge such Tenant Rent consistent with Section 2.2(a)(1) above.
If, in the sole determination of the County, there is a cure for AIDS during the HOPWA Term and therefore no need for the HOPWA Units, the County shall provide to Borrower a written notice that sets forth the termination date of the HOPWA Term and Borrower agree that the HOPWA Units are to be restricted to Very Low Income Households and the rents governed by Section 2.2(b), and the HOPWA Units are to be treated as County- Assisted Units occupied during the Remainder Term.
Compliance with the terms of the HOPWA Regulatory Agreement will be deemed compliance with this County Regulatory Agreement during the HOPWA Term and the Remainder Term.
The initial Rent and subsequent Rent for the County- Assisted Units must be approved by the County prior to occupancy and are subject to the HOPWA Regulations during the HOPWA Term.