7.3. Compliance Requirement: Notwithstanding the conditions set forth in previous
sections, CDFA shall not make any disbursement of grant funds unless, at the time of such
disbursement, Grantee is in full compliance with all terms and conditions of this agreement,
and the making of such disbursement of Grant funds {i} will not violate any provision of law,
regulation, or administrative ruling to which CDFA is subject; (ii) will not subject CDFA to any
tax, penalty, or fine; and (iii) will further the purposes of CDFA. Failure to meet the terms of
this Contract may result in suspension and/or reallocation of tax credits for the Project.
If you agree to the terms of this Contract, please indicate by signing below.
Agreed,
By: City of Nashua
Date
James W. Donchess, Mayor
By: Community Development Finance Authority
Date
Katherine Easterly Martey, Executive Director
