RAD Use Agreement definition

RAD Use Agreement means Form HUD-52625, or successor form.

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RAD Use Agreement means the Rental Assistance Demonstration Use Agreement (HUD Form 52625) dated on or about the date hereof between the Owner, Miami- Dade County and HUD.

RAD Use Agreement means the Rental Assistance Demonstration Use Agreement to be entered into on or before Initial Closing by and between HUD and the Partnership.

Examples of RAD Use Agreement in a sentence

Projects shall have a RAD Use Agreement that will be recorded superior to other liens on the property, run for the same term as the initial term of the HAP contract, automatically renew upon each extension or renewal of the HAP contract for a term that runs with each renewal term of the HAP contract, and remain in effect even in the case of abatement or termination of the HAP contract (for the term the HAP contract would have run, absent the abatement or termination).
This Deed of Trust is in all respects subject to and subordinate in priority to that certain Rental Assistance Demonstration (RAD) Use Agreement to be entered into between the U.S. Department of Housing and Urban Development and the Trustor recorded contemporaneously herewith in the Official Records of Contra Costa County.
Notwithstanding such termination, the project shall remain subject to the RAD Use Agreement encumbering the property on which the project is located.
The RAD Notice, the RAD Use Agreement, and all other RAD requirements are collectively referred to as the “RAD Requirements”.
This subordination continues in effect with respect to any future amendment, extension, renewal, or any other modification of the RAD Use Agreement or this Agreement.

More Definitions of RAD Use Agreement

RAD Use Agreement means that certain RAD Use Agreement executed by the Authority and the Borrower in favor of the U.S. Department of Housing and Urban Development.

RAD Use Agreement means that certain Rental Assistance Demonstration Use Agreement executed among HUD, Landlord and Tenant with respect to permitted uses of the Premises and rights of potential beneficiaries.

RAD Use Agreement means that certain RAD Use Agreement executed by the Authority and the Borrower in favor of HUD.

RAD Use Agreement means that certain Rental Assistance Demonstration Use Agreement entered into by the Landlord, Tenant, and HUD and dated as of substantially even date herewith.

RAD Use Agreement means the Rental Assistance Demonstration Use Agreement between Borrower and the Secretary of Housing and Urban Development (“HUD”) dated December 8, 2016, recorded December 14, 2016 as Document No. A10391045 in the office of the County Recorder for Hennepin County, Minnesota.

RAD Use Agreement means that certain Rental Assistance Demonstration Use Agreement executed by the Partnership, HUD and the Housing Authority of the City of Los Angeles in favor of HUD in exchange for HUD’s agreement to permit the conversion of the existing public housing assistance to project-based voucher assistance as authorized under the “RAD Program.”

RAD Use Agreement means the Rental Assistance Demonstration Use Agreement entered into by and among the Lender, Borrower, and HUD specifying the affordability and use restrictions governing the Project under the RAD Program, and recorded against the Lender's fee interest in the Leased Premises and the Lessee's leasehold interest in the Leased Premises.