Common use of NO INTEREST OF AUTHORITY IN PROJECT Clause in Contracts

NO INTEREST OF AUTHORITY IN PROJECT. The Authority shall not have any rights to or interest in the Project, which shall be the sole and exclusive property of the Borrower.

Appears in 6 contracts

Samples: Loan Agreement (Maxxam Inc), Loan Agreement (Maxxam Inc), Loan and Guaranty Agreement (Doral Financial Corp)

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NO INTEREST OF AUTHORITY IN PROJECT. The Authority shall not have any ownership rights to or interest in the Project, which shall be the sole and exclusive property of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (El Conquistador Partnership Lp Se)

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