Common use of No Warranty Regarding Condition 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.

Appears in 4 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 PROJECTSuitability 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 finance the Project.

Appears in 2 contracts

Samples: Loan Agreement (National Grid Usa), Loan Agreement (North Atlantic Energy Corp /Nh)

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No Warranty Regarding Condition. SUITABILITY OR COST OF PROJECTSuitability 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 is 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 1 contract

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

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