Common use of Compliance; Conflicts Clause in Contracts

Compliance; Conflicts. The Agent and Owner will timely comply with applicable provisions of the Loan Documents and other applicable Program Requirements (including, but not limited to the terms and conditions of the Management Agreement and of this Agreement and the Operating Agreement). In the event of any conflict among the various Loan Documents or the Loan Documents with any other applicable documents, the terms of the Operating Agreement will prevail.

Compliance; Conflicts. The Agent and Owner will timely comply with applicable provisions of the Loan Documents and other applicable Program Financing Documents, including the Project Requirements (including, but not limited to the terms and conditions of the Management Agreement and of this Agreement and the Operating Agreement). In the event of any conflict among the various Loan Documents or the Loan Documents with any other applicable documentsFinancing Documents, the terms of the Operating Agreement will prevail.