Common use of Assignment, Lease and Sale of Facilities Clause in Contracts

Assignment, Lease and Sale of Facilities. The Company shall not sell, lease or otherwise dispose of or encumber the Facilities except as permitted in the Mortgage Indenture and in this Agreement. This Agreement may be assigned in whole or in part and the Facilities may be sold or leased as a whole or in part by the Company, subject, however, to the following conditions:

Appears in 3 contracts

Samples: Construction and Financing Agreement (Philadelphia Suburban Corp), Construction and Financing Agreement (Philadelphia Suburban Corp), Financing Agreement (Philadelphia Suburban Corp)

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Assignment, Lease and Sale of Facilities. The Company shall not sell, lease or otherwise dispose of or encumber the Facilities except as permitted provided in the Mortgage Indenture Section 5.02 and in this AgreementSection 6.01. This Agreement may be assigned in whole or in part and the Facilities may be sold or leased as a whole or in part by the Company, subject, however, to the following conditions:

Appears in 1 contract

Samples: Construction and Financing Agreement (Philadelphia Suburban Corp)

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