Common use of Obligations of the Proponent Clause in Contracts

Obligations of the Proponent. 7.1 The Proponent shall: (a) proceed diligently with the development of the Project; (b) ensure Substantial Completion of the Project is reached by no later than XXXXXXX, or such other date as determined by the Executive Director, Housing Secretariat acting reasonably; (c) comply with all applicable federal, provincial and municipal laws, regulations and by-laws; (d) no later than six (6) months prior to First Occupancy, have an Access Plan approved by the Director, Housing Stability Services; (e) no later than sixty (60) days prior to First Occupancy, have the Proponent's Initial Depth of Affordability Report, in the form of the report attached as Schedule “A”; or in a form designated by the Director, Housing Stability Services, approved by the Director, Housing Stability Services; (f) ensure all Units meet the size requirements of the Affordable Housing Design Guidelines, unless otherwise approved in writing by the Executive Director, Housing Secretariat; (g) provide quarterly reports to the Executive Director, Housing Secretariat, from the date this Agreement is signed until First Occupancy, setting out construction progress, projected date of First Occupancy, and such other information requested or required by the City, acting reasonably; and (h) provide such information, within ten (10) days of such written request, with respect to the Project, such as construction progress, projected date of First Occupancy, as requested or required by the City, acting reasonably, from time to time.

Obligations of the Proponent. 7.1 The Proponent shall: (a) proceed diligently with the development of the Project; (b) ensure Substantial Completion of the Project is reached by no later than XXXXXXX, or such other date as determined by the Executive Director, Housing Secretariat acting reasonably; (c) comply with all applicable federal, provincial and municipal laws, regulations and by-laws; (d) no later than six (6) months prior to First Occupancy, have an Access Plan approved by the Director, Housing Stability Services; (e) no later than sixty (60) days prior to First Occupancy, have the Proponent's Initial Depth of Affordability Report, in the form of the report attached as Schedule “A”; or in a form designated by the Director, Housing Stability Services, approved by the Director, Housing Stability Services;; [NTD: ▇▇▇▇, is the initial depth of affordability report still needed, or should it be removed from all CAs and replaced with the Access Plan? We received those instructions for RHI] (f) ensure all Units meet the size requirements of the Affordable Housing Design Guidelines, unless otherwise approved in writing by the Executive Director, Housing Secretariat; (g) provide quarterly reports to the Executive Director, Housing Secretariat, from the date this Agreement is signed until First Occupancy, setting out construction progress, projected date of First Occupancy, and such other information requested or required by the City, acting reasonably; and (h) provide such information, within ten (10) days of such written request, with respect to the Project, such as construction progress, projected date of First Occupancy, as requested or required by the City, acting reasonably, from time to time.