Year of Conversion definition

Year of Conversion means the time from the effective date of the Contract through the end of that calendar year; “First Full Year” shall mean the first full calendar year of the contract beginning the year after the calendar year of the effective date.1
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Examples of Year of Conversion in a sentence

  • During the Year of Conversion (as defined in Section 1.1(c)), the Owner is due subsidy in the amount described in Section 1.3(b)(1).

  • In the Year of Conversion (as defined in 1.1(c)), the HAP Contract shall be funded only from public housing amounts obligated prior to the effective date of the HAP Contract, and from any additional public housing amounts that HUD obligates in full or in part, subject to the availability of sufficient appropriations, for the remainder of the calendar year in which the HAP Contract becomes effective.

  • In the Year of Conversion, the HAP Contract shall be funded only from public housing amounts obligated prior to the effective date of the HAP Contract, and from any additional public housing amounts that HUD obligates in full or in part, subject to the availability of sufficient appropriated funding, for the remainder of the calendar year in which the HAP Contract becomes effective.

  • In the Year of Conversion (as defined in 1.1(c)), the HAP Contract shall be funded from the effective date of the Contract through the remainder of the calendar yearonly from public housing amounts obligated prior to the effective date of the HAP Contract, and from any additional public housing amounts that HUD obligates in full or in part, subject to the availability of sufficient appropriations, for the remainder of the calendar year in which the HAP Contract becomes effective.

  • In the Year of Conversion (as defined in 1.1(c)), the Contract shall be funded only from public housing amounts obligated prior to the effective date of the Contract, and from any additional public housing amounts that HUD obligates in full or in part, subject to the availability of sufficient appropriations, for the remainder of the calendar year in which the Contract becomes effective.