Base Event
Confidence 0.90 out of 1 Conf 0.90
later of: (a) the date that 10% of units 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
Empty — not extracted from this document.
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-sector 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 A 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 0.95 out of 1 Conf 0.95
CHURCHILL HOUSE L.P.
"CHURCHILL HOUSE L.P. (the "Borrower") a New York limited partnership"
Party
Confidence 0.95 out of 1 Conf 0.95
CHURCHILL HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC.
"CHURCHILL HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC. (the "HDFC" and together with the Borrower, the "Mortgagor")"
Party
Confidence 0.95 out of 1 Conf 0.95
NEW YORK CITY HOUSING DEVELOPMENT CORPORATION
"NEW YORK CITY HOUSING DEVELOPMENT CORPORATION ("HDC" or the "Corporation"), a corporate governmental agency constituting a public benefit corporation organized and existing under the laws of the State of New York"
Program Name
Confidence 0.90 out of 1 Conf 0.90
Section 236 Interest Reduction Subsidy Program
"the Mortgagor has entered into a 236(e)(2) Use Agreement (the "HUD Use Agreement") with the Secretary of the United States Department of Housing and Urban Development ("HUD") in connection with HUD's Section 236 Interest Reduction Subsidy Program."
Regulatory Period
Confidence 0.00 out of 1 Not found
Empty — not extracted from this document.
Unlocated