Common use of Facilities; Property of the Company Clause in Contracts

Facilities; Property of the Company. An undivided interest in the Facilities shall be the property of the Company and the Authority shall have no right, title or interest in the Facilities.

Appears in 6 contracts

Samples: Loan Agreement (UNS Energy Corp), Loan Agreement (Unisource Energy Corp), Loan Agreement (Unisource Energy Corp)

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Facilities; Property of the Company. An undivided interest in the Facilities shall be the property of the Company and the Authority Pollution Control Corporation shall have no right, title or interest in the Facilities.

Appears in 3 contracts

Samples: Loan Agreement (Tucson Electric Power Co), Loan Agreement (Unisource Energy Corp), Loan Agreement (Tucson Electric Power Co)

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