SUBSEQUENT GRANT AGREEMENT definition

SUBSEQUENT GRANT AGREEMENT means an agreement substantially similar to the Grant Agreement, relating to Subsequent Transition Property, as the same may be amended, supplemented or otherwise modified from time to time.
Sample 1Sample 2Sample 3
SUBSEQUENT GRANT AGREEMENT means the written agreement between the Department and an Agricultural Household purchasing an owner-occupied unit used to ensure compliance with Program requirements as further described in Section 7228.
Sample 1Sample 2Sample 3

Examples of SUBSEQUENT GRANT AGREEMENT in a sentence

  • The Department may execute and cause to be recorded in the office of the recorder of the county in which a Grant Agreement, Regulatory Agreement, or Subsequent Grant Agreement has been recorded, a subordination of the Agreement, provided that any subordination of the Agreement shall not jeopardize the security interest of the state and shall further the interest of farmworker housing.

  • The Department may charge an administrative fee for its costs in processing a Subsequent Grant Agreement.

  • The Subsequent Grant Agreement shall terminate after the grant funds have been repaid to the Department and the assisted unit has been sold or conveyed.

  • The lien for a manufactured home not installed on a permanent foundation shall be released 10 years from the date of execution of the Subsequent Grant Agreement, and no repayment of grant funds will be required, if the homeowner is in compliance with the Subsequent Grant Agreement.

  • It shall require the members of the agricultural household to reside in the assisted unit for the duration of the Subsequent Grant Agreement.

  • If an assisted unit, other than a manufactured home not installed on a permanent foundation, is sold or conveyed more than ten years after the date of execution of the Subsequent Grant Agreement, the Department shall be repaid an amount equal to the sum allocated pursuant to subdivision (a)(2) of this section minus 10% of that amount for each additional year that the agricultural household occupies the assisted unit beyond the tenth year.

  • The grantee shall cause the Subsequent Grant Agreement and other pertinent documents to be recorded in the official records of the county in which the housing development is located.

  • If an assisted unit is sold or conveyed within a period of 10 years from the date of execution of the Subsequent Grant Agreement, an amount equal to the sum allocated to the assisted unit pursuant to subdivision (a)(2) of this section shall be paid to the Department.

  • Recommended Action: 1) Receive Public Comment; and2) Authorize the Mayor and/or City Clerk to Execute Required Documentation and Certifications, including Subsequent Grant Agreement.

  • View Recommended Action: 1) Approve Grant Application and Authorize Submission by Staff;2) Authorize the Mayor and City Clerk to Execute Required Documentation and Certifications, including Subsequent Grant Agreement.

Related to SUBSEQUENT GRANT AGREEMENT

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient; and

  • Grant Agreement means the agreement entered into by the Parties, including the Signature Document, these Uniform Terms and Conditions, along with any attachments and amendments that may be issued by the System Agency.

  • RSU Agreement means a written agreement between the Company and a Participant evidencing the terms and conditions of an individual Award of Restricted Stock Units.

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Award Agreement means the written or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to the Optionee’s Option.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.