Examples of HUPEG Entity in a sentence
Any Property Arrangements that are entered into during the Agreement Period in compliance with this Section 4.7(b) (other than those described in the foregoing clause (D) hereof) shall be assigned to and assumed by the applicable HUPEG Entity as Permitted Encumbrances or Operating Agreements, as the case may be.
For greater certainty, no HUPEG Entity will be entitled to direct that legal title to any Property (or any interest therein) be transferred to any Person other than as aforesaid.
The City acknowledges and agrees that any reductions, payments or reimbursements under the Existing Tax Incremental Grant Program and the Extended Tax Incremental Grant Program are to be issued directly to HUPEG or the applicable HUPEG Entity.
Tenants in public housing may want to pursue the other options described above, but the public housing agency and Housing and Urban Development Office should address tenants’ reasonable requests that are within the bounds of property maintenance and building code.
Dr. Edwards explained that part of the 55% infrastructure piece is getting the department moved forward with proper technology infrastructure to do massive marketing, online registration, financial snapshots; she noted that the department needs daily snapshots to operate like a business.
Without derogating from the foregoing, upon the Closing of each Transaction, each applicable HUPEG Entity (unless it is HUPEG itself) shall deliver an acknowledgement and agreement to be bound by all provisions of this Agreement that are applicable to such Transaction and survive the Closing of such Transaction.
The applicable HUPEG Entity shall be responsible for all expenses accruing in respect of such Property as and from the applicable Closing Date and shall also be entitled to all revenues, if any, accruing in respect thereof as and from such Closing Date.
Notwithstanding the foregoing, in the case of each Transaction, no HST shall be paid by HUPEG to the City with respect to the purchase price paid for the applicable Property sold to HUPEG if the applicable HUPEG Entity executes and delivers an HST Undertaking and Indemnity at the subject Closing.
HUPEG and each HUPEG Entity shall forthwith disclose to the City all funding and other financial support that it obtains from any Governmental Authority(ies) and provide the details regarding the use of such funds and support.
HUPEG and each HUPEG Entity acknowledges that such covenant is a material term of this Agreement without which the City would not have agreed to enter into this Agreement or carry out the Transactions.