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change the Term hereof or adversely affect in any material respect any material rights of Lessor under this Lease, which rights specifically include, at Lessor's sole option, the use of the Project as rental housing at affordable rents for Elderly Households. 22. HDG Third Party Contract Provisions. Pursuant to Article VI, Third Party Contracts, of the Housing Development Grant Agreement between Lessor (as the "Grantee" therein) and the Department of Housing and Urban Development, Lessor and Lessee agree to the representations, warranties and covenants contained in this Section 22. All capitalized terms used in this Section 22 shall have the meanings set forth in the Housing Development Grant Agreement. The representations, warranties and covenants contained in this Section 22 shall automatically become void and of no further force and effect at such time as the Housing Development Grant term expires. (a) Labor Standards. All laborers and mechanics (except laborers and mechanics employed by a State and local government acting as the principal contractor on the Project) employed in the development of a Project assisted under the HDG program shall be paid wages at rates not less than those prevailing on similar construction in the locality, as determined by the Secretary of Labor in accordance with the Davis -Bacon Act, as amended, 40 U.S.C. 276a- 276a -5, and contracts involving their employment shall be subject to the provisions, as applicable, of the Contract Work Hours and Safety Standards Act, as amended, 40 U.S.C. 327 -333. Grantee, Owner, contractors and subcontractors shall comply with regulations issued under the Act and with other Federal laws and regulations pertaining to labor standards. (b) Assurance of Governmental Approvals. The Grantee and the Owner warrant that they have obtained, or have reasonable assurance that they will obtain, all Federal, State and local governmental approvals and reviews required by law to be obtained C:GDLEASE.EHI -34-