Common use of Facility Ownership Clause in Contracts

Facility Ownership. Title to the Buyer Owned Thermal Energy Production Facilities and Emergency Electric Generating Facilities shall remain with Buyer and Seller shall not remove, alter (except as otherwise required or permitted under this Agreement) or permit any lien to exist on such Thermal Energy Production Facilities and Emergency Electric Generating Facilities.

Facility Ownership. Title to the Buyer Owned Thermal Energy Production Facilities and Emergency Electric Generating Facilities shall remain with Buyer and Seller shall not remove, alter (except as otherwise obligated, required or permitted under this Agreement) or permit any lien to exist on such Thermal Energy Production Facilities and Emergency Electric Generating Facilities.