Examples of Intended Use Period in a sentence
The Recipient shall ensure that each completed New Facilities Project is used for its Intended Use for the entire Intended Use Period.
The Recipient shall ensure that each completed Retrofit Project is used for its Intended Use for the entire Intended Use Period.
The Recipient shall ensure that each completed Project is used for its Intended Use for the entire Intended Use Period.
For Projects acquired by the Recipient for the purposes of the Program, the Recipient may dispose of the Project after the expiry of the Intended Use Period, or at an earlier date if the Recipient is of the view that the Project is no longer needed for its Intended Use, provided that the Recipient has complied with the Program Guidelines, including this Appendix “A,” and the Recipient reinvests the proceeds of disposition, if any, in the housing and homelessness sector.
Subject to the termination rights in the TPA, the Capital Component is available from the Effective Date until, and shall expire on, March 31, 2024 (plus the Intended Use Period).