Common use of No Warranty Regarding Condition, Suitability or Cost of Project Clause in Contracts

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.

Appears in 5 contracts

Samples: Loan Agreement (Connecticut Water Service Inc / Ct), Loan Agreement (Connecticut Water Service Inc / Ct), Loan Agreement (Connecticut Water Service Inc / Ct)

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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 's purposes or needs, or that the insurance required hereunder under the Mortgage will be adequate to protect the Borrower’s 's business or interest, or that the proceeds of the Bonds will be sufficient to complete pay the costs of the Project.

Appears in 1 contract

Samples: Loan Agreement (Sonics & Materials Inc)

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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 refinance the Project.. 1003988

Appears in 1 contract

Samples: Loan Agreement (Connecticut Light & Power Co)

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