Common use of Supplemental Monitoring Services Clause in Contracts

Supplemental Monitoring Services. The Monitoring Agent shall provide reasonable supplemental monitoring on its own initiative in order to ensure to the extent practicable (i) the compliance by the Owner with the Affordability Requirement. The services hereunder shall include follow-up discussions with the Owner, if appropriate, after an event of noncompliance.

Appears in 1 contract

Sources: Monitoring Services Agreement

Supplemental Monitoring Services. The Monitoring Agent shall provide reasonable supplemental monitoring on its own initiative in order to ensure to the extent practicable (i) the compliance by of the Project and the Owner with the Affordability Requirement40R Restriction. The services hereunder shall not include any construction monitoring. The services hereunder shall include follow-up discussions with the Owner, if appropriate, after an event of noncompliance.

Appears in 1 contract

Sources: Rental Monitoring Services Agreement