Regulatory Agreement and Declaration of Restrictive Covenants definition

Regulatory Agreement and Declaration of Restrictive Covenants means, for the purposes of this Chapter, a legally binding agreement recorded against the property to codify the requirements and conditions of a Housing Development Project providing Affordable Units.
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Regulatory Agreement and Declaration of Restrictive Covenants means a written agreement executed at Loan Closing between the Department and a Sponsor regulating the use of rev- enues pertinent to a tax-exempt bond issue.
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Examples of Regulatory Agreement and Declaration of Restrictive Covenants in a sentence

  • To secure its compliance with certain covenants in the Loan Agreement, the Borrower has executed and delivered the Regulatory Agreement and Declaration of Restrictive Covenants (the "Regulatory Agreement") between itself and the Issuer dated as of even date with the Indenture.

  • To secure its compliance with certain covenants in the Loan Agreement and in the Tax Exemption Certificate and Agreement dated [October 25], 2024 (the “Tax Exemption Agreement”), between the Issuer and the Borrower, the Borrower has executed and delivered the Regulatory Agreement and Declaration of Restrictive Covenants dated as of October 1, 2024 (the “Tax Regulatory Agreement”), among the Issuer, the Borrower and the Trustee.

  • The Regulatory Agreement and Declaration of Restrictive Covenants executed by and between the [California Municipal Finance Authority] and the Lessee in connection with the Approved Financing.

  • This Agreement supersedes in its entirety the Regulatory Agreement and Declaration of Restrictive Covenants by and between Borrower and the County, dated October 3, 2011, which was recorded against the Property on October 21, 2011 as instrument number ▇▇▇▇-▇▇▇▇▇▇▇-▇▇.

  • Owner shall be responsible to provide to Agent any amendments to the Regulatory Agreement and Declaration of Restrictive Covenants prior to such taking effect.

  • In connection with the Original ▇▇▇▇▇ HOME Loan, RCD and the County entered into a Regulatory Agreement and Declaration of Restrictive Covenants dated May 29, 1997, recorded in the Official Records against the ▇▇▇▇▇ Property on June 6, 1997, as Instrument No. ▇▇-▇▇▇▇▇▇▇-▇▇ (the "Original ▇▇▇▇▇ HOME Regulatory Agreement").

  • In connection with the Original Camara Loan, the Camara Seller and the County entered into a Regulatory Agreement and Declaration of Restrictive Covenants dated November 1, 2000, recorded in the Official Records against the Camara Property on November 30, 2000, as Instrument No. ▇▇▇▇-▇▇▇▇▇▇▇-▇▇ (the "Original Camara Regulatory Agreement").

  • Lessee hereby covenants and agrees that the Leased Premises shall be used solely for the operation of a multifamily rental housing development, Community Space, and any other uses permitted by and in compliance with the requirements set forth in that certain Regulatory Agreement and Declaration of Restrictive Covenants recorded against the Lessee’s Estate.

  • This Affordable Housing Regulatory Agreement and Declaration of Restrictive Covenants (this “Agreement”) is entered into for reference purposes as of , 2019 (the “Effective Date”), by and between the City of Healdsburg, a California municipal corporation (“City”) and Replay Healdsburg, LLC, a Delaware limited liability company (“Developer”).

  • This Amendment to Amended and Restated Regulatory Agreement and Declaration of Restrictive Covenants (the “Amendment”) is dated as of May , 2022, and is executed by and among the SUCCESSOR AGENCY TO THE RICHMOND COMMUNITY DEVELOPMENT AGENCY, a public body, corporate and politic, duly organized and existing under the laws of the State of California (the "Agency") on the one hand and U.S. ▇▇▇▇ SIERRA RIDGE CA L.P. (the “Owner”) as successor to PRIME RICHMOND HOUSING PARTNERS, L.P. (the “Predecessor Owner”).

Related to Regulatory Agreement and Declaration of Restrictive Covenants

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Restrictive Covenant has the meaning set forth in Section 6(c).

  • Restrictive Covenants means the restrictive covenants contained in Section 12(c) hereof.