Base Event
Confidence 0.90 out of 1 Conf 0.90
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
"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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Expiration Expression
Confidence 0.95 out of 1 Conf 0.95
the latest of (i) the first day on which no Obligation or other 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 and the HDC Subordinate Mortgage are satisfied
""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 Obligation or other 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 and the HDC Subordinate Mortgage are satisfied."
Party
Confidence 0.95 out of 1 Conf 0.95
FRED-DOUG 117, L.L.C.
"2002 by and between FRED-DOUG 117, L.L.C. (the "Mortgagor") a New York limited liability company whose address is c/o Strategic Development & Construction Group, 34-51 Vernon Blvd., Long Island City, New York 11106"
Party
Confidence 0.95 out of 1 Conf 0.95
NEW YORK CITY HOUSING DEVELOPMENT CORPORATION
"and NEW YORK CITY HOUSING DEVELOPMENT CORPORATION ("HDC"), a corporate governmental agency constituting a public benefit corporation organized and existing under the laws of the State of New York, whose address is 110 William Street, 10th Floor, New York, New York 10038."
Program Name
Confidence 0.90 out of 1 Conf 0.90
New Housing Opportunities Program (New HOP)
"from HDC pursuant to its New Housing Opportunities Program ("New HOP") (the "HDC Subordinate Loan""
Regulatory Period
Confidence 0.00 out of 1 Not found
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