Common use of Acquisition of Land and Improvements Clause in Contracts

Acquisition of Land and Improvements. The Company shall prior to or concurrently with the issuance of the Bonds deliver to the Issuer title to the Land described in Schedule I and such of the Improvements as are then completed, installed or in progress. The Company shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it or others in connection with the construction, installation or development of the Improvements other than Permitted Encumbrances.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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Acquisition of Land and Improvements. The Company shall prior to or concurrently with the issuance of the Bonds deliver convey to the Issuer title to the Land described in Schedule I and such of the Improvements as are then completed, installed or in progress. The Company shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it or others in connection with the construction, installation installation, furnishing or development equipping of the Improvements other than Permitted Encumbrances.

Appears in 1 contract

Samples: Lease

Acquisition of Land and Improvements. The Company shall prior to or concurrently with the issuance of the Series 2021 Bonds deliver to the Issuer title to the Land described in Schedule I and such of the Improvements as are then completed, installed or in progress. The Company shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it or others in connection with the construction, installation or development equipping of the Improvements other than Permitted Encumbrances.

Appears in 1 contract

Samples: Lease

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Acquisition of Land and Improvements. The Company shall prior to or concurrently with the issuance of the Bonds deliver lease to the Issuer title to the Land described in Schedule I and such of the Improvements as are then completed, installed or in progressprogress pursuant to the Base Lease. The Company shall also concurrently with such conveyance make provisions for the discharge of any liens or encumbrances incurred by it or others in connection with the construction, installation furnishing or development equipping of the Improvements other than Permitted Encumbrances.

Appears in 1 contract

Samples: Lease

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