Essential Use. The Facilities are essential to the proper, efficient and economic operation of the County and serve an essential governmental function of the County.
Essential Use. 1. The Property will be used by Purchaser for the following governmental or proprietary purpose:
2. The Property is essential for the functioning of Purchaser and is immediately needed by Purchaser. Such need is neither temporary nor expected to diminish during the Purchase Term. The Property is expected to be used by Purchaser for a period in excess of the Purchase Term.
Essential Use. Lessee further represents and warrants that the Equipment is essential to the function of the Lessee or to the service Lessee provides to its citizens. Further, Lessee has an immediate need for, and expects to make immediate use of, substantially all such Equipment which need is not temporary or expected to diminish in the foreseeable future. Such Equipment will be used by us only for the purpose of performing one or more of our governmental or proprietary functions consistent with the permissible scope of our authority.
Essential Use. Lessee further represents and warrants that the Equipment is essential to the function of the Lessee or to the service Lessee provides to its citizens. Further, Lessee has an immediate need for, and expects to make immediate use of, substantially all such Equipment which need is not temporary or expected to diminish in the foreseeable future. Such Equipment will be used by us only for the purpose of performing one or more of our governmental or proprietary functions consistent with the permissible scope of our authority. LESSEE: ____________________________________ By: Printed Name: Title: Date of Acceptance: , 20__ AGENCY NAME: ADDRESS: AGENCY CONTACT: TITLE: CONTACT PHONE #: FAX #: CONTACT SIGNATURE: DATE: [THE MAXIMUM AMOUNT OF FINANCING REQUESTED IS $_______________.] AMOUNT OF FINANCING: Equipment Cost $ FINANCING TERM REQUESTED (36, 48 or 60 Months) ____ PAYMENT INTERVAL (annual in advance or monthly in arrears) XXXXXX ACKNOWLEDGES that it is responsible for removing all non-public data and information from any Equipment returned to Lessor at the end of the Lease Term. ______________________________________________________________________________ FROM: _______________________ (the “Lessee”) THIS NO LITIGATION CERTIFICATE (this "Certificate") is given as of ______________ ___, 201_, by ___________________________________ (the "Lessee"), as an inducement for Master Lessor to enter into Lease No. ____ under that certain Master Equipment Lease Agreement executed between Master Xxxxxx and Master Lessor dated as of _______ (the “Master Agreement”). Any capitalized term herein but not defined shall have the meaning ascribed to such term in the Master Agreement between Master Lessee and Master Lessor. The undersigned, represents, warrants, states and agrees as follows: Lessee is not contemplating bankruptcy (nor is there any prospect of such); and there are no outstanding liens, suits, court actions or litigation which could render Lessee not solvent. EXECUTED AND DELIVERED as of the day and year first above written. LESSEE: _______________________________________ I, ____________________________ do hereby certify that I am the duly elected or appointed and acting Secretary/Clerk of _________________________, an Agency duly organized and existing under the laws of the State of South Carolina (the "Lessee"), that I have custody of the records of such entity, and that, as of the date hereof, the individuals named below are the duly elected or appointed Authoriz...
Essential Use. It is the intent of the current governing body of Lessee to make Rental Payments for the full Lease Term but this statement of intent shall not be construed as contractually obligating or otherwise binding Lessee. In this regard Lessee represents that: (a) the use of the Equipment is essential to Lessee’s proper, efficient and economic functioning or to the services that Lessee provides to its citizens, (b) Lessee has an immediate need for and expects to make immediate use of substantially all the Equipment, which need is not temporary or expected to diminish in the foreseeable future, and (c) the Equipment will be used by Lessee only for the purpose of performing one or more of its governmental or proprietary functions consistent with the permissible scope of its authority.
Essential Use. Purchaser represents that the Buses will be essential for the operations of the Purchaser.
Essential Use. The parties recognize and agree that Seller’s ability to continually furnish support services as described per the Special Conditions is an essential element of this Agreement, and that UTMB’s decision to lease the Equipment under this Agreement, in part, is based on Seller’s representation of its ability to support the Equipment and furnish services during the full lease term. Further, the parties agree that in the event Seller is unable to support the Equipment and/or furnish services under this Agreement for a period of greater than thirty (30) days then Seller, upon UTMB’s request, shall terminate UTMB’s obligations under the Equipment Lease Agreement, or in the event Seller assigns, sells, or otherwise transfers interest in the Equipment to a third party, Seller shall reimburse UTMB for any lease rental payments made by UTMB for the period of time UTMB was unable to use the Equipment.
Essential Use. The Facilities and the financing contemplated by this Sublease, the Loan Agreement and the Trust Agreement are essential to the proper, efficient and economic operation of the County, serve an essential governmental function of the County and are in the best interests of the County
Essential Use. The County represents that the Project will serve the needs of the citizens of Xxxxxx County, Maryland, and the County will use the Project so that it can close a recreational center that does not provide all the recreational facilities and amenities as the Project. The County further covenants and agrees that the County will use the Project only for the purpose of performing one or more essential functions of the County consistent with the permissible scope of the County’s authority and within the scope of authorized public purposes.
Essential Use. 1. The Equipment will be used by the Lessee for the following governmental purpose of:
2. The Equipment is essential for the functioning of the Lessee and is immediately needed by the Lessee. Such need is neither temporary nor expected to diminish during the Lease Term. The Equipment is expected to be used by the Lessee for a period in excess of the Lease Term.
