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