New Build Properties Clause Samples

New Build Properties. 6.3.1 The Council, as the strategic housing authority, supports Registered Provider developments and in return receives an agreed percentage of nomination rights to the new homes. 6.3.2 Most new developments will be subject to planning obligations known as Section 106 agreements which must be complied with. Registered Providers must submit information requested to provide reassurance that the planning obligations in respect of affordable housing are met. 6.3.3 Registered Providers will advise the Council of the forthcoming properties 3 months prior to completion. Full details of the scheme, including layout plan, handover schedule, property type, size and mix, rent and service charge levels and any other relevant information) should be provided to the Housing Register team with any local lettings policy. 6.3.4 It is the responsibility of the Registered Provider to work with staff of the Council’s Strategic Housing team to draw up any draft local lettings policy for new build schemes at least six months prior to completion of the scheme. 6.3.5 The Council’s Housing Register team will provide nominations for each property at least six weeks before handover (subject to request being received as detailed above). The Housing Register team and the Registered Provider can agree the timing of the nominations on a scheme by scheme basis if preferred. The Council will provide at least 50% more nominees than there are units available e.g. if 10 x 2 beds are being handed over at least 15 would be nominated.
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New Build Properties. 4.4.1 Most new developments will be subject to planning obligations known as section 106 agreements. Registered providers must submit any information requested regarding any proposed development to ensure that the planning obligation in respect of affordable housing is met. 4.4.2 This agreement requires that every new build scheme (irrespective of the number of units) and every conversion (producing three or more units) that has received public subsidy or is funded by a section 106 agreement should give the Council 100% nominations on first lettings and 50% nominations to subsequent lettings. This principle will apply unless it is superseded by an agreed Local Lettings Plan as set out in section 5. 4.4.3 If a Registered Provider has funded a new build scheme entirely through their own resources, the Council will receive 50% of nominations on first and subsequent lettings. 4.4.4 Registered Providers will advise the Council of the forthcoming properties three months prior to completion. Full details of the scheme, including layout plan, handover schedule, property type, size and mix, rent and service charge levels along with any other relevant information to be provided to Wolverhampton Homes.
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New Build Properties. The Landlord must notify Urban Spaces in writing where the Landlord has the benefit of warranties given by any third party in connection with the development or construction of the Property (such as a NHBC warranty, for example). Where Urban Spaces have been so notified and maintenance or repair works are required to be made to the Property which Urban Spaces estimates will cost in excess of £500 Urban Spaces will (save in the case of emergency) notify the Landlord and the Landlord shall respond in writing within 72 hours whether it intends to make a claim under any such warranty. The Landlord acknowledges that where the Landlord would like to make such a claim UrbanSpaces’ role will be limited to only arranging access to the Property (subject to agreementwith the Tenant) and inspecting the completed works to confirm they have been completed to a standard that Urban Spaces deem satisfactory. Where the landlord failsto respond within 72 hours’ Urban Spaces shall be entitled to assume that the Landlorddoes not intend to pursue a claim under any warranty and Urban Spaces shall arrange for remedial works to be completed.
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Related to New Build Properties

  • Real Estate Leases The Company Disclosure Statement sets forth a list of (a) all leases and subleases under which the Company or the Subsidiaries is lessor or lessee of any real property together with all amendments, supplements, nondisturbance agreements and other agreements pertaining thereto; (b) all options held by the Company or the Subsidiaries or contractual obligations on the part of the Company or the Subsidiaries to purchase or acquire any interest in real property; and (c) all options granted by the Company or the Subsidiaries or contractual obligations on the part of the Company or the Subsidiaries to sell or dispose of any interest in real property. Except as set forth in the Company Disclosure Statement, as to such leases, subleases and other agreements referred to above, (i) there exists no breach or default, and no event has occurred which with notice or passage of time would constitute such a breach or default or permit termination, notification or acceleration, on the part of the Company or any Subsidiary, or on the part of any other party thereto, and (ii) as of the Effective Time, no material third party consent, approval or authorization shall be required for the consummation of the Merger. To the Company's knowledge, there are no Liens on any of the leasehold interests set forth on the Company Disclosure Statement hereof except for (i) Liens reflected in the balance sheet included in the Company's Form 10-K for the period ended December 31, 1996, (ii) Liens of record consisting of zoning or planning restrictions, easements, permits and other restrictions or limitations on the use of real property which do not materially detract from the value of, or materially impair the use of, such property by the Company or the Subsidiaries in the operation of their respective businesses, (iii) Liens for current Taxes (as defined in Section 3.22(a)), assessments or governmental charges or levies on property not yet delinquent or being contested in good faith and for which appropriate reserves have been established in accordance with GAAP (which contested levies are described on the Company Disclosure Statement), and (iv) Liens imposed by law, such as materialman's, mechanic's, carrier's, workers' and repairmen's Liens securing obligations not yet delinquent or being contested in good faith and for which appropriate reserves have been established in accordance with GAAP or securing obligations not being paid in the ordinary course of business in accordance with customary and commercially reasonable practice. (collectively, "Permitted Liens").

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

  • Leased Properties Section 3.22 of the Disclosure Schedule sets forth a list of all of the leases and subleases ("Leases") and each leased and subleased parcel of real property in which the Company has a leasehold or subleasehold interest or to which the Company is a party either as landlord or sublandlord (the "Leased Real Property"). Each of the Leases are in full force and effect, and the Company holds a valid and existing leasehold or subleasehold interest or Landlord or Sublandlord interest as applicable, under each of the Leases described in Section 3.22 of the Disclosure Schedule. The Company has delivered to HK true, correct, complete and accurate copies of each of the Leases. With respect to each Lease set forth on Section 3.22 of the Disclosure Schedule: (i) the Lease is legal, valid, binding, enforceable and in full force and effect; (ii) to the Knowledge of the Company the Lease will continue to be legal, valid, binding, enforceable and in full force and effect on identical terms following the Closing; (iii) neither the Company, nor, to the Knowledge of the Company, any other party to the Lease, is in breach or default, and no event has occurred which, with notice or lapse of time, would constitute such a breach or default by the Company or permit termination, modification or acceleration under the Lease by any other party thereto; (iv) the Company has not, and, to the Knowledge of the Company, no third party has repudiated any provision of the Lease; (v) there are no disputes, oral agreements, or forbearance programs in effect as to the Lease; (vi) the Lease has not been modified in any respect, except to the extent that such modifications are disclosed by the documents delivered to HK; (vii) the Company has not assigned, transferred, conveyed, mortgaged, deeded in trust or encumbered any interest in the Lease (except for Permitted Liens); and (viii) the Lease is fully assignable to HK without the necessity of any consent or the Company shall obtain all necessary consents prior to the Closing.

  • Ground Lease (a) Each Ground Lease contains the entire agreement of the Borrower or the applicable Subsidiary Guarantor and the applicable owner of the fee interest in such Unencumbered Property (the “Fee Owner”), pertaining to the Unencumbered Property covered thereby. With respect to Unencumbered Property subject to a Ground Lease, the Borrower and the applicable Subsidiary Guarantors have no estate, right, title or interest in or to the Unencumbered Property except under and pursuant to the Ground Lease or except as may be otherwise approved in writing by Agent. The Borrower has delivered a true and correct copy of the Ground Lease to the Agent and the Ground Lease has not been modified, amended or assigned, with the exception of written instruments that have been recorded in the applicable real estate records for such Unencumbered Property. (b) The applicable Fee Owner is the exclusive fee simple owner of the Unencumbered Property, subject only to the Ground Lease and all Liens and other matters disclosed in the applicable title policy for such Unencumbered Property subject to the Ground Lease, and the applicable Fee Owner is the sole owner of the lessor’s interest in the Ground Lease. (c) There are no rights to terminate the Ground Lease other than the applicable Fee Owner’s right to terminate by reason of default, casualty, condemnation or other reasons, in each case as expressly set forth in the Ground Lease. (d) Each Ground Lease is in full force and effect and, to Borrower’s knowledge, no breach or default or event that with the giving of notice or passage of time would constitute a breach or default under any Ground Lease (a “Ground Lease Default”) exists or has occurred on the part of a Borrower or a Subsidiary Guarantor or on the part of a Fee Owner under any Ground Lease. All base rent and additional rent, if any, due and payable under each Ground Lease has been paid through the date hereof and neither Borrower nor any Subsidiary Guarantor is required to pay any deferred or accrued rent after the date hereof under any Ground Lease. Neither Borrower nor a Subsidiary Guarantor has received any written notice that a Ground Lease Default has occurred or exists, or that any Fee Owner or any third party alleges the same to have occurred or exist. (e) The Borrower or applicable Subsidiary Guarantor is the exclusive owner of the ground lessee’s interest under and pursuant to each Ground Lease and has not assigned, transferred or encumbered its interest in, to, or under the Ground Lease, except to Agent under the Loan Documents.