Common use of ESTABLISHMENT OF THE PROJECT Clause in Contracts

ESTABLISHMENT OF THE PROJECT. a. The Project shall be established in accordance with the provisions of this Agreement and: (i) the Project description, budgets and other documents set forth in Appendix B; (ii) the documents comprising the Internal Review Package; (iii) any applicable federal, State or local law, regulation or ordinance governing the establishment of the Project. b. The Sponsor warrants that all materials furnished and work performed in connection with the establishment of the Project shall be of good quality, free from faults and defects, and in conformance with this Agreement, and shall be guaranteed for a period of one year from the date of the Corporation's acceptance of the work constituting the Project Establishment Phase. Should any problem develop during this one year period due to defective material or faulty workmanship, the Sponsor agrees to furnish all necessary material and labor to correct the problem without any cost to the Corporation. c. No contract of sale or general contract for construction relating to the establishment of the Project, or any part thereof, nor any modification thereof shall be executed without the written consent of the Corporation. All such contracts shall include the provisions required by Section 20. herein, including provisions making the contract subject to the acceptance of the Corporation and permitting its assignment by the Sponsor to the Corporation or its agent.

ESTABLISHMENT OF THE PROJECT. a. The Project shall be established in accordance with the provisions of this Agreement AGREEMENT and: (i) the Project description, budgets and other documents set forth in Appendix B; (ii) the documents comprising the Internal Review Package; (iii) any applicable federal, State or local law, regulation or ordinance governing the establishment of the Project. b. The Sponsor warrants that all materials furnished and work performed in connection with the establishment of the Project shall be of good quality, free from faults and defects, and in conformance with this AgreementAGREEMENT, and shall be guaranteed for a period of one year from the date of the Corporation's acceptance of the work constituting the Project Establishment Phase. Should any problem develop during this one year period due to defective material or faulty workmanship, the Sponsor agrees to furnish all necessary material and labor to correct the problem without any cost to the Corporation. c. No contract of sale or general contract for construction relating to the establishment of the Project, or any part thereof, nor any modification thereof shall be executed without the written consent of the Corporation. All such contracts shall include the provisions required by Section 20. herein, including provisions making the contract subject to the acceptance of the Corporation and permitting its assignment by the Sponsor to the Corporation or its agent.

ESTABLISHMENT OF THE PROJECT. a. The Project shall be established in accordance with the provisions of this Agreement and: (i) the Project description, budgets and other documents set forth in Appendix B; (ii) the documents comprising the Internal Review Package; (iii) any applicable federal, State or local law, regulation or ordinance governing the establishment of the Project. b. The Sponsor warrants that all materials furnished and work performed in connection with the establishment of the Project shall be of good quality, free from faults and defects, and in conformance with this Agreement, and shall be guaranteed for a period of one year from the date of the Corporation's acceptance of the work constituting the Project Establishment Phase. Should any problem develop during this one one-year period due to defective material or faulty workmanship, the Sponsor agrees to furnish all necessary material and labor to correct the problem without any cost to the Corporation. c. No contract of sale or general contract for construction relating to the establishment of the Project, or any part thereof, nor any modification thereof shall be executed without the written consent of the Corporation. All such contracts shall include the provisions required by Section 20. herein, including provisions making the contract subject to the acceptance of the Corporation and permitting its assignment by the Sponsor to the Corporation or its agent.

ESTABLISHMENT OF THE PROJECT. a. The Project shall be established in accordance with the provisions of this Agreement and: (i) the Project description, budgets and other documents set forth in Appendix B; (ii) the documents comprising the Internal Review Package; (iii) any applicable federal, State or local law, regulation or ordinance governing the establishment of the Project. b. The Sponsor warrants that all materials furnished and work performed in connection with the establishment of the Project shall be of good quality, free from faults and defects, and in conformance with this Agreement, and shall be guaranteed for a period of one year from the date of the Corporation's acceptance of the work constituting the Project Establishment Phase. Should any problem develop during this one one-year period due to defective material or faulty workmanship, the Sponsor agrees to furnish all necessary material and labor to correct the problem without any cost to the Corporation. c. No contract of sale or general contract for construction relating to the establishment of the Project, or any part thereof, nor any modification thereof shall be executed without the written consent of the Corporation. All such contracts shall include the provisions required by Section 20. herein, including provisions making the contract subject to the acceptance of the Corporation and permitting its assignment by the Sponsor to the Corporation or its agent.Section