Qualified Project. OHCS and Borrower hereby acknowledge and agree that, at all times during the term of this Operating Agreement, the Project is to be owned and operated as a Project qualified for funding with Article XI-Q. To that end Borrower hereby represents, covenants, warrants, and agrees as follows:
Appears in 2 contracts
Sources: Local Innovation and Fast Track Housing Program Operating Agreement, Local Innovation and Fast Track Housing Program Operating Agreement
Qualified Project. OHCS and Borrower Owner hereby acknowledge and agree that, at all times during the term of this Operating AgreementAgreement (and not less than the Affordability Period), the Project is to be owned owned, managed and operated as a Project qualified for funding with under Article XI-Q. Q in a manner consistent with Project Requirements. To that end Borrower Owner hereby represents, covenants, warrants, and agrees as follows:
Appears in 1 contract
Sources: Local Innovation and Fast Track Housing Program Operating Agreement