Common use of Acquisition Payments Clause in Contracts

Acquisition Payments. Under the Facilities Agreement, the County is obligated to pay to the Corporation or its assigns during the term thereof Acquisition Payments for the purchase of the Project Facilities, subject to the occurrence of an Event of Nonappropriation as set forth in Section 4.7 of the Facilities Agreement, and subject to the County’s right to exercise its purchase option as set forth in Section 9.1 of the Facilities Agreement.

Appears in 4 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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