No Warranty Regarding Condition, Suitability or Cost of Project. Neither the Authority, nor the Trustee, nor any Bondholder makes any warranty, either expressed or implied, as to the Project or its condition or that it will be suitable for the Borrower’s purposes or needs, or that the insurance required hereunder will be adequate to protect the Borrower’s business or interest, or that the proceeds of the Bonds will be sufficient to complete the Project.
No Warranty Regarding Condition, Suitability or Cost of Project. The County does not make any warranty, express or implied, as to the Project or its condition or that it will be suitable for the Subrecipient’s purposes or needs, or that the Subaward will be sufficient to pay the costs of the Project. Review or approval of engineering reports, facilities plans, design drawings and specifications or other documents, or any inspection of the Project by the County does not relieve the Subrecipient of its responsibility to plan, design, and build the Project properly, and to operate and maintain the Project effectively, as required by laws, regulations, permits and good management practices. The Subrecipient acknowledges and agrees that the County or their agents or representatives are not responsible for increased costs resulting from defects in the plans, design drawings and specifications or other Project documents. Nothing in this section prohibits a Subrecipient from requiring assurances, guarantees, indemnity, or other contractual requirements from any party performing work on the Project.
No Warranty Regarding Condition, Suitability or Cost of Project. Neither the Bank nor the Technical Consultant makes any warranty, either express or implied, as to the Project or its condition or that it will be suitable for the Company’s purposes or needs, or that the proceeds of the Loan will be sufficient to pay the costs of the Project. Review or approval of engineering reports, facilities plans, design drawings and specifications or other documents or the inspection of Project construction by the Technical Consultant or the Bank does not relieve the Company of its responsibility to properly plan, design, build and effectively operate and maintain the Project as required by laws, regulations, permits and good management practices. The Technical Consultant and the Bank or their representatives are not responsible for increased costs resulting from defects in the plans, design drawings and specifications or other Project documents. Nothing in this section prohibits the Company from requiring more assurances, guarantees, or indemnity or other contractual requirements from any party performing Project work.
No Warranty Regarding Condition, Suitability or Cost of Project. The Authority makes no warranty, either express or implied, as to the Project or its condition or that it is or will be suitable for the School District’s purposes or needs. Nothing in this Financing Agreement shall relieve the School District of its responsibility to properly plan, design, build and effectively operate and maintain the Project as required by laws, regulations, permits and good management practices. The School District acknowledges and agrees that the Authority or its representatives are not responsible for increased costs resulting from defects in the plans, design drawings and specifications or other Project documents. Nothing in this section prohibits the School District from requiring more assurances, guarantees, or indemnity or other contractual requirements from any party performing Project work.
No Warranty Regarding Condition, Suitability or Cost of Project. The Authority makes no warranty, either expressed or implied, as to the Project or the Collateral, or their condition or that any of the same will be suitable for the Borrower’s purposes or needs, or that the hazard and liability insurance required under the Financing Documents will be adequate to protect the Borrower’s Business or interests, or that the proceeds of the Loan will be sufficient to pay the costs of the Project.
No Warranty Regarding Condition, Suitability or Cost of Project. Neither the Authority, nor the Trustee, nor any Bondholder makes any warranty, either expressed or implied, as to the Project or its condition or that the proceeds of the Bonds will be sufficient to refinance the Project. 1003998
No Warranty Regarding Condition, Suitability or Cost of Project. The Corporation makes no warranty, express or implied, as to the work required by the Project or that it will be suitable for the Recipient’s purposes or needs, or that the funding provided under this Agreement will be sufficient to pay the costs of the Project. The Recipient is solely responsible to plan, design, and build the Project properly, and to operate and maintain the Project effectively, as required by laws, regulations, permits and good management practices. The Recipient acknowledges and agrees that the Corporation is not responsible for increased costs resulting from defects in the plans, design drawings and specifications, or other Project documents. Nothing in this section prohibits the Recipient from requiring more assurances, guarantees, or indemnity or other contractual requirements from any party performing Project work.
