Base Event
Confidence 0.90 out of 1 Conf 0.90
later of (a) the date that ten percent (10%) of the units in the Project are first occupied or (b) the date of issuance of the Obligations
"that period commencing on the later of (a) the date that ten percent (10%) of the units in the Project are first occupied or (b) the date of issuance of the Obligations"
Expiration Date
Confidence 0.00 out of 1 Not found
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Unlocated
Expiration Expression
Confidence 0.95 out of 1 Conf 0.95
Occupancy Restriction Period
"Occupancy Restriction Period" shall mean that period commencing on the later of (a) the date that ten percent (10%) of the units in the Project are first occupied or (b) the date of issuance of the Obligations and ending on the latest of (i) the first day on which no Obligations or other tax-exempt private-activity obligation with respect to the Project is still outstanding; (ii) fifteen (15) years from the date that fifty percent (50%) of the units in the Project are first occupied; (iii) the date on which any assistance provided with respect to the Project under Section 8 of the United States Housing Act of 1937 as amended terminates; (iv) in the event the Project receives Tax Credits, the first day on which the Mortgagor is no longer required to comply with the provisions set forth in Exhibit B hereto; (v) the first day on which the Project's Real Property Tax Benefits expire; or (vi) the date that the Mortgage or any mortgage held by HDC with respect to the Project is satisfied."
Party
Confidence 1.00 out of 1 Conf 1.00
1240 Washington Avenue Associates, L.P.
"1240 WASHINGTON AVENUE ASSOCIATES, L.P."
Party
Confidence 1.00 out of 1 Conf 1.00
New York City Housing Development Corporation
"NEW YORK CITY HOUSING DEVELOPMENT CORPORATION"
Party
Confidence 0.95 out of 1 Conf 0.95
Senior Living Options, Inc.
"SENIOR LIVING OPTIONS, INC., having an address at c/o Gilbride, Tusa, Last and Spellane, 420 Lexington Avenue, Suite 3005, New York, New York ("SLO"), which has conveyed a leasehold interest in the Premises to the Mortgagor (the Ground Lease");"
Program Name
Confidence 0.90 out of 1 Conf 0.90
Negotiable Certificate of Eligibility Program
"the Mortgagor intends to apply to The City of New York acting through its Department of Housing Preservation and Development ("HPD") under its Negotiable Certificate of Eligibility Program (as defined herein) for Negotiable Certificates of Eligibility (as defined herein) and as a consequence the Project will be subject to certain requirements of HPD pertaining to the issuance of such certificates and shall be subject to a 421-a affordable housing program written agreement or other regulatory agreement between the Mortgagor and HPD (collectively, the "HPD Regulatory Agreement");"
Regulatory Period
Confidence 0.00 out of 1 Not found
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