Section 8 Certificate definition

Section 8 Certificate shall have the meaning set forth in Section 8(e)(ii) hereof.
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Section 8 Certificate shall have the meaning set forth in Section 8(e)(ii) hereof. “Securities Issuance Failure” the failure of a pool of Pooled Mortgage Loans to back the issuance of an Agency Security. “Security Release Certification” shall have the meaning set forth in Section 3(b)(xxi) hereof. “Seller” shall mean ▇▇▇▇▇▇▇▇▇.▇▇▇, LLC, a Delaware limited liability company, and its successors in interest and assigns. “Seller Employees” shall have the meaning set forth in Section 14(m) hereof. “Servicer” shall mean any servicer or subservicer approved by Buyer in its sole discretion, which may be Seller. “Servicer Side Letter” shall have the meaning set forth in Section 18(d) hereof. “Servicer Termination Event” shall mean (i) an Event of Default hereunder or (ii) with respect to any Servicer (1) an event of default which continues without cure or waiver after the application of any grace period under the related Servicing Agreement, (2) such Servicer shall become the subject of an Insolvency Event, (3) such Servicer shall admit its inability to, or its intention not to, perform any of its obligations under the Facility Documents, or (4) the failure of such Servicer perform its obligations in any material respect under the Servicer Side Letter, if any, or the related Servicing Agreement, including, without limitation, the failure of such Servicer to remit funds in accordance with Section 5(a)(i) hereof and failure continues unremedied for a period of five (5) Business Days after the earlier of written notice of such failure or the date upon which the Servicer obtained actual knowledge of such failure “Servicing Agreement” with respect to any Purchased Mortgage Loan serviced by a Servicer, shall mean the servicing agreement, if any, entered into among such Servicer, Seller and any other related parties thereto, which form and substance has been reasonably approved by 24
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Section 8 Certificate shall have the meaning set forth in Section 8(e)(ii) hereof. “Seller” shall mean each of Angel Oak Mortgage, Inc., a Maryland corporation and Angel Oak Mortgage Fund TRS, a Delaware statutory trust.
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Examples of Section 8 Certificate in a sentence

  • Tenants receiving Section 8 assistance through the Section 8 Certificate Program under 24 CFR part 882 or the Section 8 Housing Voucher Program under 24 CFR part 887.

  • This paragraph is not be implemented for tenants who are participants under the Section 8 Certificate or Voucher Programs.

  • The "approved market rent" shall be the greater of the achievable market rent or the HUD Contract Rent for Section 8 Certificate holders, or the maximum allowable rent for the Programs; (ii) implement any increase in rent resulting from the recertification process without providing the thirty (30) day notice that otherwise may be required by Paragraph C; or (iii) terminate the Resident's tenancy for failure to recertify.

  • Community-wide Exception Rents Under certain circumstances, HUD approves maximum gross rents for the Section 8 Certificate Program for units in a designated municipality, county or similar locality that are higher than the FMR (see 24 CFR, 882.106(a)(3)).

  • Developer shall not apply selection criteria to Section 8 Certificate or voucher holders that are more burdensome than criteria applied to all other prospective tenants, nor shall Developer apply or permit the application of management policies or lease provisions with respect to the Development which have the effect of precluding occupancy of units by such prospective tenants.

  • It is a ___ natural individual person, ____ treated as a corporation for U.S. federal income tax purposes, ____ disregarded for federal income tax purposes (in which case a copy of this Section 8 Certificate is attached in respect of its sole beneficial owner), or ____ treated as a partnership for U.S. federal income tax purposes (one must be checked).

  • After a conditional offer of employment, but prior to a final offer of employment to an employee claimed in this Section, Borrower shall submit on behalf of the prospective employee proof of Low Income Status in the form of a recent pay-stub, Section 8 Certificate, most recent tax return, or other proof sufficient for City to determine income eligibility.

  • Required Rehabilitation, Affordability of Units, Two-Year Rent Protection for Pre-Existing Very-Low Income Tenants, Nondiscrimination Against Section 8 Certificate Holders and Voucher Holders, Relocation, Project-Based Section 8 Assistance, Reserve Fund For Replacement Account, Environmental Hazards.

  • It is __ a natural individual person, treated as a corporation for U.S. federal income tax purposes, disregarded for federal income tax purposes (in which case a copy of this Section 8 Certificate is attached in respect of its sole beneficial owner), or treated as a partnership for U.S. federal income tax purposes (one must be checked).

  • The High Bidder acknowledges the receipt of the Use Agreement applicable to this Project’s Foreclosure Sale and the inclusion of the following Riders to that Use Agreement: Required Rehabilitation, Affordability of Units, Two-Year Rent Protection for Pre-Existing Very-Low Income Tenants, Nondiscrimination Against Section 8 Certificate Holders and Voucher Holders, Relocation, Project-Based Section 8 Assistance, Reserve Fund For Rerlacement Account, Environmental Hazards.