Common use of The Subsidy Clause in Contracts

The Subsidy. As of the Effective Date of this Agreement, Owner acknowledges and agrees that Member has caused the disbursement of the proceeds of a subsidy to Owner in the amount of Dollars ($ ) (the “Subsidy”) in connection with the purchase or purchase in conjunction with rehabilitation of the Property.

Appears in 2 contracts

Sources: Owner Occupied Retention Agreement, Owner Occupied Retention Agreement

The Subsidy. As of the Effective Date of this Agreement, Owner acknowledges the parties acknowledge and agrees agree that Member has caused the disbursement of the proceeds of a subsidy to Owner in the amount of Dollars ($ ) )] (the “Subsidy”) in connection with the purchase or purchase in conjunction with rehabilitation of the Property.

Appears in 1 contract

Sources: Owner Occupied Retention Agreement