Long-Term Obligations. For this development project, the Sponsor’s long-term obligations for the project area shall be in perpetuity, beginning at project completion, unless otherwise identified in the Agreement or as approved by the funding board or RCO.
Appears in 2 contracts
Samples: Grant Agreement, Grant Agreement
Long-Term Obligations. For this development acquisition project, the Sponsor’s long-term obligations for the project area shall be in perpetuity, beginning at project completion, unless otherwise identified in the Agreement or as approved by the funding board or RCO.
Appears in 2 contracts
Samples: Grant Agreement, Grant Agreement
Long-Term Obligations. For the acquisition portion of this development project, the Sponsor’s long-term obligations for the project area shall be in perpetuity, perpetuity beginning at project completion, unless otherwise identified in the Agreement or as approved by the funding board or RCO. For the restoration portion of this project, the Sponsor’s long-term obligations for the project area shall be for a term of 10 years beginning at project completion, or more as specified in the Landowner Agreement, or as otherwise identified in the Agreement or as approved by the funding board or RCO.
Appears in 1 contract
Samples: Grant Agreement
