CONSTRUCTION AND LEASE OF PROJECT Sample Clauses

CONSTRUCTION AND LEASE OF PROJECT. 11 Section 4.01 Construction Authorization and Permits 11 Section 4.02 Facility Lease 11 Section 4.03 Lease of the Leased Property 12 ARTICLE V ADDITIONAL COVENANTS AND AGREEMENTS OF CORPORATION 12 Section 5.01 Inspection of Books 12 Section 5.02 Reports and Information 12 Section 5.03 Notice 12 Section 5.04 Reliance 12 Section 5.05 Tax Covenants 13 Section 5.06 Warranty of Truth 14 Section 5.07 Sufficiency of Gross Revenues 14 Section 5.08 Indenture Provisions 14 Section 5.09 Compliance with Laws 14 Section 5.10 Qualification in California 14 ARTICLE VI DEFAULTS AND REMEDIES 15 Section 6.01 Events of Default 15 Section 6.02 Remedies 16 Section 6.03 Additional Remedies 16 Section 6.04 No Remedy Exclusive 16 Section 6.05 No Additional Waiver Implied by One Waiver 16 Section 6.06 Agreement to Pay Fees and Expenses Upon Default 16 ARTICLE VII PREPAYMENT 17 Section 7.01 Prepayment of the Loan 17 Section 7.02 Redemption of Bonds Upon Prepayment 17 Section 7.03 Amount of Prepayment 18 ARTICLE VIII MISCELLANEOUS 18 Section 8.01 Notice 18 Section 8.02 Concerning Successors and Assigns 18 Section 8.03 Governing Law; Venue 18 Section 8.04 Amendments; Modifications in Writing 19 Section 8.05 Captions 19 Section 8.06 Severability 19 Section 8.07 Counterparts 19 Section 8.08 Effective Date and Term 19 Section 8.09 Non-Liability of Authority; Liability of Corporation Limited to Gross Revenues 19 Section 8.10 Waiver of Personal Liability 20 Section 8.11 No Prevailing Party Provision 20 Section 8.12 Binding Effect 20 EXHIBIT A THE PROJECT ............................................................................................ A-1 EXHIBIT B FORM OF CERTIFICATE OF SUBSTANTIAL COMPLETION ............ B-1 THIS LOAN AGREEMENT (this “Loan Agreement”), dated as of [DATED DATE], is by and between the CALIFORNIA MUNICIPAL FINANCE AUTHORITY (the “Authority”), a public entity organized under the laws of the State of California, and CAPITAL FACILITIES DEVELOPMENT CORPORATION, a nonprofit public benefit corporation duly organized and existing under the laws of the State of California (the “Corporation”).
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Related to CONSTRUCTION AND LEASE OF PROJECT

  • Construction of Project 11.1.1 Developer agrees to cause the Project to be developed, constructed, and installed in accordance with the terms hereof and the Construction Provisions set forth in Exhibit D, including those things reasonably inferred from the Contract Documents as being within the scope of the Project and necessary to produce the stated result even though no mention is made in the Contract Documents.

  • CONSTRUCTION AND RENOVATION Construction of academic or residential buildings on the UC Berkeley campus may be scheduled for the term of this Lease in the vicinity of the apartments. Capital improvement and other major housing construction or repair projects will necessarily cause increased noise and dust in affected and nearby residences at certain times. There is the possibility of both planned and unplanned utility shutdowns and access to certain facilities, streets, parking lots, walking, and bike pathways may be limited, rerouted, or completely restricted. The University will work with building contractors to make every effort to minimize construction inconveniences. By agreeing to this Lease Agreement, the Resident acknowledges notice of the possibility of scheduled construction and access limitations, and acknowledges that there will be disturbances, disruptions, and inconveniences resulting from such constructions and has agreed to such. The Resident also acknowledges that increased noise, dust, potential reassignment, or loss of parking spaces related to construction or renovation are not grounds for cancellation or termination of this Lease.

  • Lease of Property Landlord, for and in consideration of the covenants and agreements herein contained on the part of Tenant to be paid, kept, observed, and performed, hereby leases to Tenant, and Tenant hereby leases from Landlord for the Term (as hereinafter defined), the Property. Tenant’s use of the Property shall be in compliance with the terms of this Lease.

  • Lease of Premises Subject to and upon the terms and conditions set forth herein, Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord.

  • Construction of Agreement The parties mutually acknowledge that they and their attorneys have participated in the preparation and negotiation of this Agreement. In cases of uncertainty this Agreement shall be construed without regard to which of the parties caused the uncertainty to exist.

  • MAINTENANCE OF CONCESSION PREMISES A. Concessionaire shall preserve and maintain the Concession Premises in good and clean condition, reasonable wear and tear excepted. Concessionaire is solely responsible for the maintenance and cleanliness of the Concession Premises.

  • Maintenance of Premises LESSOR will be responsible for all structural and roof maintenance of the leased premises but specifically excluding damage caused by the careless, malicious, willful, or negligent acts of LESSEE or others, chemical, water or corrosion damage from any source, and maintenance of the space heating, ventilating, and cooling units exclusively serving the leased premises (collectively, the "HVAC Unit") and of any non "building standard" leasehold improvements. LESSOR shall not be deemed to have breached its obligation to make the repairs required to be made by LESSOR unless LESSOR fails to make the same within a reasonable period (taking into consideration the type of repair involved) after receiving written notice from LESSEE of the need therefor. LESSEE agrees to maintain at its expense the HVAC Unit and all other aspects of the leased premises in the same condition as they are at the commencement of the term or as they may be put in during the term of this lease, normal wear and tear and damage by fire or other casualty only excepted, and whenever necessary, to replace light bulbs, plate glass and other glass therein, acknowledging that the leased premises are now in good order and the light bulbs and glass whole. If LESSOR so directs, LESSEE shall enter into a preventive maintenance/service contract acceptable to LESSOR with a maintenance contractor acceptable to LESSOR at LESSEE's sole cost and expense for servicing all air conditioning, heating, ventilating, and other equipment or other equipment located within or serving the leased premises. LESSEE will properly control or vent all solvents, degreasers, smoke, odors, etc. and shall not cause the area surrounding the leased premises to be in anything other than a neat and clean condition, depositing all waste in appropriate receptacles. LESSEE shall be solely responsible for any damage to plumbing equipment, sanitary lines, or any other portion of the building which results from the discharge or use of any acid or corrosive substance by LESSEE. LESSEE shall not permit the leased premises to be overloaded, damaged, stripped or defaced, nor suffer any waste, and will not keep animals within the leased premises. LESSEE will protect any carpet with plastic or masonite chair pads under any rolling chairs. Unless heat is provided at LESSOR's expense, LESSEE shall maintain sufficient heat to prevent freezing of pipes or other damage. Any increase in air conditioning equipment or electrical capacity, or any installation and/or maintenance of equipment which is necessitated by some specific aspect of LESSEE's use of the leased premises shall be at LESSEE's expense. All maintenance provided by LESSOR shall be during LESSOR's normal business hours.

  • CONSTRUCTION AND IMPROVEMENTS Concessionaire shall not affix, alter, or erect any permanent or temporary equipment, structures, buildings, or additions to the Concession Premises without first obtaining the prior written approval of Department.

  • Routine Maintenance, Construction, and Repair The NYISO or Connecting Transmission Owner may interrupt interconnection service or curtail the output of the Small Generating Facility and temporarily disconnect the Small Generating Facility from the New York State Transmission System or Distribution System when necessary for routine maintenance, construction, and repairs on the New York State Transmission System or Distribution System. The NYISO or the Connecting Transmission Owner shall provide the Interconnection Customer with five Business Days notice prior to such interruption. The NYISO and Connecting Transmission Owner shall use Reasonable Efforts to coordinate such reduction or temporary disconnection with the Interconnection Customer.

  • Use of Project Issuer does hereby covenant and agree that it will not take any action during the term of this Agreement, other than pursuant to Article IX of this Agreement or Article IX of the Indenture, to interfere with Company's ownership of the Project or to prevent Company from having possession, custody, use and enjoyment of the Project.

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