Conveyance and Use of Project Facility. SECTION 3.1. Conveyance to the Agency 17 SECTION 3.2. Use of Project Facility 17 SECTION 3.3. Hazardous Materials 17 SECTION 3.4. Non-Merger 18 SECTION 3.5. Compliance with Underlying Lease 19 SECTION 3.6. Public Authorities Law Representations 19 SECTION 3.7. Subordination of Lease Agreement 19 ARTICLE IV UNDERTAKING AND COMPLETION OF THE PROJECT SECTION 4.1. Acquisition, Construction, Installation and Completion of the Project Facility 20 SECTION 4.2. Completion of the Project Facility 22 SECTION 4.3. Remedies to be Pursued Against Contractors, Subcontractors, Materialmen and their Sureties 22 ARTICLE V DEMISE OF PROJECT FACILITY; RENTAL PAYMENTS AND OTHER AMOUNTS PAYABLE SECTION 5.1. Lease of the Project Facility 23 SECTION 5.2. Duration of the Lease Term; Quiet Enjoyment 23 SECTION 5.3. Rental Payments and Other Amounts Payable 23 SECTION 5.4. Nature of Obligations of the Company Hereunder 24 ARTICLE VI MAINTENANCE, MODIFICATIONS, TAXES AND INSURANCE SECTION 6.1. Maintenance and Modifications of the Project Facility 26 SECTION 6.2. Taxes, Assessments and Utility Charges 26 SECTION 6.3. Insurance Required 27 SECTION 6.4. Additional Provisions Respecting Insurance 28 SECTION 6.5. Application of Net Proceeds of Insurance 29 SECTION 6.6. Payments in Lieu of Real Estate Taxes. 29
Conveyance and Use of Project Facility
