Common use of MAINTENANCE AND MANAGEMENT Clause in Contracts

MAINTENANCE AND MANAGEMENT. 1. ADMINISTERING AGENCY will maintain and operate the property acquired, developed, constructed, rehabilitated, or restored by PROJECT for its intended public use until such time as the parties might amend this AGREEMENT to otherwise provide. With the approval of STATE, ADMINISTERING AGENCY or its successors in interest in the PROJECT property may transfer this obligation and responsibility to maintain and operate PROJECT property for that intended public purpose to another public entity.

Appears in 19 contracts

Samples: Master Agreement Administering Agency State Agreement, Master Agreement, Master Agreement Administering Agency State Agreement

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MAINTENANCE AND MANAGEMENT. 1. ADMINISTERING AGENCY will maintain and operate the property acquired, developed, constructed, rehabilitated, or restored by PROJECT for its intended public use until such time as the parties might amend this AGREEMENT to otherwise provide. With the approval of STATE, ADMINISTERING AGENCY or its successors in interest in the PROJECT property may transfer this obligation and responsibility to maintain and operate PROJECT property for that intended public purpose to another public entity.entity.β€Œ

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

MAINTENANCE AND MANAGEMENT. 1. ADMINISTERING AGENCY will maintain and operate the property acquired, developed, constructed, rehabilitated, or restored by PROJECT for its intended public use until such time as the parties might amend this AGREEMENT to otherwise provide. With the approval of STATE, ADMINISTERING AGENCY or its successors in interest in the PROJECT property may transfer this obligation and responsibility to maintain and operate PROJECT property for that intended public purpose to another public entity.. For Reference Only

Appears in 3 contracts

Samples: Master Agreement Administering Agency, Master Agreement Administering Agency, Master Agreement Administering Agency State Agreement

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MAINTENANCE AND MANAGEMENT. 1. ADMINISTERING AGENCY will maintain and operate the property acquired, developed, constructed, rehabilitated, or restored by PROJECT for its intended public use until such time as the parties might amend this AGREEMENT to otherwise provide. With the approval of STATE, ADMINISTERING AGENCY or its successors in interest in the PROJECT property may transfer this obligation and responsibility to maintain and operate PROJECT property for that intended public purpose to another public entity.. DRAFT

Appears in 1 contract

Samples: Master Agreement

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