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 Properties Inc)
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.
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