Common use of Necessity of Project Clause in Contracts

Necessity of Project. The completion and operation of the Project under the terms and Conditions provided in this Agreement are necessary, convenient, and in furtherance of the governmental purposes of the Borrower/Grantee and are in the best interest of the Borrower/Grantee and the public it serves.

Necessity of Project. The completion and operation of the Project under the terms and Conditions conditions provided for in this Loan Agreement are is necessary, convenient, convenient and in furtherance of the governmental purposes of the Borrower/Grantee Governmental Unit and are is in the best interest interests of the Borrower/Grantee Governmental Unit and the public it servesits residents.

Necessity of Project. The completion and operation of the Project under the terms and Conditions provided in this Agreement are necessary, convenient, and in furtherance of the governmental purposes of the Borrower/Grantee and are in the best interest of the Borrower/Grantee Grantee, the Colonias and the constituent public it the Borrower/Grantee serves.