ENJOYMENT OF PROJECT Sample Clauses

ENJOYMENT OF PROJECT. The Trustee will provide the City during the Lease Term with quiet use and enjoyment of the Project, and the City will, during the Lease Term, peaceably and quietly have, hold and enjoy the Project, without suit, trouble or hindrance from the Trustee, except as expressly set forth in this Lease. The City will have the right to use the Project for any essential governmental or proprietary purpose of the City, subject to the limitations contained in this Lease. Notwithstanding any other provision in this Lease, the Trustee will have no responsibility to cause the Improvements to be constructed or to maintain, repair or insure the Project. The City will comply with all statutes, laws, ordinances, orders, judgments, decrees, regulations, directions and requirements of all federal, state, local and other governments or governmental authorities, now or hereafter applicable to the Project, as to the manner and use or the condition of the Project. The City will also comply with the mandatory requirements, rules and regulations of all insurers under the policies required to be carried by the provisions of Article VII. The City will pay all costs, expenses, claims, fines, penalties and damages that may in any manner arise out of, or be imposed as a result of, the failure of the City to comply with the provisions of this Section. Notwithstanding any provision contained in this Section, however, the City will have the right, at its own cost and expense, to contest or review by legal or other appropriate procedures the validity or legality of any such governmental statute, law, ordinance, order, judgment, decree, regulation, direction or requirement, or any such requirement, rule or regulation of an insurer and during such contest or review, the City may refrain from complying therewith, if the City furnishes, on request, to the Trustee, at the City’s expense, indemnity satisfactory to the Trustee.
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ENJOYMENT OF PROJECT. Subject to the provisions of the Lease, the Authority hereby covenants to provide the County during the Lease Term with quiet use and enjoyment of the Project, and the County shall during the Lease Term peaceably and quietly have and hold and enjoy the Project, without suit, trouble or hindrance from the Authority or the Bondholders, except as expressly set forth herein and in the Master Resolution and the Security Documents. Neither the Authority nor any Bondholder shall interfere with such quiet use and enjoyment during the Lease Term so long as no Event of Default or Event of Nonappropriation shall have occurred. The Authority shall, at the request of the County and at the cost of the County, join in any legal action in which the County asserts its right to such possession and enjoyment, to the extent that the Authority may lawfully do so. In addition, the County may at its own expense join in any legal action affecting its possession and enjoyment of the Project and shall be joined as a party in any action affecting its liabilities hereunder. The Authority shall have the right at all reasonable times during business hours (and in emergencies at all times) to enter into and upon the Project for the purpose of inspecting the same. PAYMENTS BY THE COUNTY
ENJOYMENT OF PROJECT. The Sublessor hereby covenants to provide the Sublessee during the Sublease Term with quiet use and enjoyment of the Property and the Project, and the Sublessee shall during the Sublease Term peaceably and quietly have and hold and enjoy the Project, without suit, trouble or hindrance from the Sublessor, the Authority or the Bondholders, except as expressly set forth herein and in the Master Resolution, the Master Lease, and the Security Documents. Neither the Authority, the Sublessor, nor any Bondholder shall interfere with such quiet use and enjoyment during the Sublease Term so long as no Event of Default or Event of Nonappropriation shall have occurred hereunder. The Authority and Sublessor shall, at the request of the Sublessee and at the cost of the Sublessee, join in any legal action in which the Sublessee asserts its fight to such possession and enjoyment, to the extent that the Sublessor may lawfully do so. In addition, the Sublessee and the Authority may at its own expense join in any legal action affecting its possession and enjoyment of the Project and shall be joined in any action affecting its liabilities hereunder. The Sublessor and the County shall have the right at all reasonable times during business hours (and in emergencies at all times) to enter into and upon the Project for the purpose of inspecting the same.
ENJOYMENT OF PROJECT. Section 5.1. Enjoyment of Project 11

Related to ENJOYMENT OF PROJECT

  • CONDITION OF PROPERTY Seller or the originator of the Mortgage Loan inspected or caused to be inspected each related Mortgaged Property within six months of origination of the Mortgage Loan and within twelve months of the Cut-off Date. An engineering report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more than twelve months prior to the Cut-off Date. To Seller’s knowledge, based solely upon due diligence customarily performed in connection with the origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free and clear of any material damage (other than (i) deferred maintenance for which escrows were established at origination and (ii) any damage fully covered by insurance) that would affect materially and adversely the use or value of such Mortgaged Property as security for the Mortgage Loan.

  • DESCRIPTION OF PROJECT For the Company to be eligible to earn the Maximum Credit Amount, the Company will satisfy its obligations as reflected in the following representations, which the IEDC has relied upon:

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