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<br /> } are covenants nir�nin�wi�thne land for the terna stated herein and biriding upan all subsequent •.
<br /> � owners of the Pcaject far,s�et�term a�d�ure not merely personal covenants of the Owner.
<br /> �
<br /> NOW.'fk�RIIF(��E� in consideration of the muhaal promises and covenants hereinafter
<br /> � ��� set forth,and of ot�Zer valuable consideratioa tlie Owner and the Authority agree as follows:
<br /> '�.� Sesd�m l. D�flnitlons. Unless othecwise expressly provided her�in or unless the context
<br /> ,� clearly requizes o�erwis�,ttee terms defined above ahall have the meanings set forth above and
<br /> �' � � the followin�g term�s}ral� b�ave the respective nieanings set forth belaw for the purposes hereof.
<br /> n t � aad aU words end pbrases defnned in Se�tion 42 of the Code shall have the same meauings in this
<br /> A. Ageernent:
<br />.=:�;-�.,�. �� '��. "�Q��diQaBd�d�acorr�e Percentage" me�ina 4hg percentage stated in the Surnmary Page
<br /> . , � :;t<:i�:
<br /> � :..�<, :,�.: , hereof.as r�is�peacanta�e off area median$noss�ncom��which may not be axcaeded by individuals
<br />;,,,�s.�:i;�r���3�;:;;:., n
<br /> �' • or families quraLi�ing as Qualified Tenants.
<br />."tF.
<br /> - "Applicable Set Aside Percentage"means tho ptncentage stated "ut the Surnraary Page -
<br /> • hereof a�the percentage of units in the Project to be leased to QualiSed Teaanta. -
<br /> ��, :.::..Y:• "Dwelltng Units" means the units of rnultifamily restdential rentul housing comprising
<br /> th�Pco�ect.
<br />:.�;:�: -
<br /> � �' ' "Functtonatly Related and Subord�nate"mouns and inaludes facilities for uso by tenanta�
<br />�, �. .�.
<br /> =,,�:�,_� ..
<br /> for exe�ple, laundry facyl�ties.ptuking areas aad recreational fuailittea.provlded that the eame
<br />'__�;,,�,;',.,. are of a cbaracter and aiza comaaensurate with the character and sizc of the Project.
<br /> .;�_«',�
<br />-._'".:�� '�A:':".! _
<br /> "_�`��i�_,,, , •`�?a��rpa��-�l3at�"�esns tiis first da�ost whicb th�Pmj$ct io gts�iu�nri�. se�xt
<br /> .�'.�-••�•,- i� forth an tha Summary Page hereof. -
<br />_-_.�;..
<br /> -_.-:�
<br /> _`s�.x�,-F,:� •`Frttjiect" means the Project Site and all buildings, stcuctures, tixtures� equipment and
<br /> _--:':'�:,_,�
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