Encumbrance of Project Property. Absent the express consent of the Federal Government in writing, the Recipient agrees to preserve the federal interest in its Project property, and to maintain satisfactory continuing control of its Project property as follows:
Encumbrance of Project Property. Unless expressly authorized in writing by FRA, the Grantee agrees to refrain from:
Encumbrance of Project Property. Unless FTA approves otherwise in writing, the Recipient agrees to maintain satisfactory continuing control of its Project property as follows:
Encumbrance of Project Property. The State Recipient agrees to maintain satisfactory continuing control of Project property in accordance with State law and procedures. The State Recipient understands that an encumbrance of project property may not interfere with the purpose for which the equipment was purchased. The Non-State Recipient agrees to maintain satisfactory continuing control of Project property as follows:
Encumbrance of Project Property. The Recipient agrees to maintain satisfactory continuing control of Project property as follows:
Encumbrance of Project Property. The Grantee agrees to maintain satisfactory continuing control of Project property as follows:
Encumbrance of Project Property. (a) Unless expressly authorized in writing by the IDOT, the Provider agrees to refrain from:
Encumbrance of Project Property. The Commission will pass title to the (City/County/Grantee) and will be a lien holder. The (City/County/Grantee) may not execute any transfer of title, lease, lien, pledge, mortgage, encumbrance, contract, grant anticipation note, alienation, or other obligation that in any way affects the federal interest in any project equipment, nor may the (City/County/Grantee) obligate itself, in any other manner, to any third party with respect to project equipment, unless such transfer of title, lease, lien, pledge, mortgage, encumbrance, contract, grant anticipation note, alienation, or other obligation is expressly authorized in writing by the Commission; nor may the Commission, by any act or omission, adversely affect the federal interest or impair the (City’s/County’s/Grantee’s) continuing control over the use of project equipment. The (City/County/Grantee) agrees that upon purchase with funds provided under this Agreement of any equipment for which a title certificate may be obtained or is required under the laws of Missouri that it will execute such documents as may be necessary to protect and secure a lien upon such equipment in favor of the Commission, if so requested by the Commission. Any and all fees required to be paid to secure and maintain said lien shall be paid by the (City/County/Grantee).
Encumbrance of Project Property. The Transit Provider agrees to maintain satisfactory continuing control of Project real property or equipment. Thus, absent written authorization by FTA permitting otherwise:
