Obligations Related to Mortgage Sample Clauses

Obligations Related to Mortgage. The Concessionaire will be provided with the leasehold rights of the project site as per the terms and conditions of the Concession Agreement. For raising finances through debt/equity, the Concessionaire will have the rights to avail project financing and also shall have right to mortgage the built-up area/ constructed area of the project along with movable assets, if any. Maha-Metro upon written request made by the Concessionaire shall provide NOC for availing project financing. However, under no circumstances the Maha-Metro’s land parcel or part thereof shall not be mortgaged by the Concessionaire in any manner whatsoever.
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Obligations Related to Mortgage. The Successful Bidder will be provided with the leasehold rights of the project site as per the terms and conditions of the Concession Agreement. However, it is clarified that the MAHA METRO’s land parcel or part thereof shall not be mortgaged by the Successful Bidder in any manner whatsoever. For raising finances through debt/equity, the Successful Bidder will have the rights to avail project financing and also shall have right to mortgage the built-up area/ constructed area of the project. Maha-Metro upon written request made by the Successful Bidder shall provide NOC for availing project financing.
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Obligations Related to Mortgage. The Concessionaire will be provided with the development rights of airspace above the Zero Mile Metro Station as per the terms and conditions of the Concession Agreement. For raising finances through debt/equity, the Concessionaire will have the rights to avail project financing and also shall have right to mortgage the built-up area/ constructed area of the project (only limited to the area developed by the Concessionaire, but not including Total Area Offered to Maha-Metro). Maha-Metro upon written request made by the Concessionaire shall provide NOC for availing project financing. For clarification purposes, the Total Area Offered to Maha-Metro/Area Sharing shall be excluded from the mortgaging rights. It is clarified that the said airspace rights of Zero Mile Metro Station or part thereof shall not be mortgaged by the Concessionaire in any manner whatsoever.
Sample 1
Obligations Related to Mortgage. The Concessionaire will be provided with the leasehold rights of the Project Site as per the terms and conditions of this Agreement. For raising finances through debt/equity, the Concessionaire will have the rights to avail project financing and also shall have right to mortgage the built-up area/ constructed area of the Project along with movable assets, if any. Maha-Metro upon written request made by the Concessionaire shall provide NOC for availing project financing. However, under no circumstances the Project Site land parcel or part thereof shall be mortgaged by the Concessionaire in any manner whatsoever. For clarification purposes, the Total Area Offered to Maha-Metro shall be excluded from the mortgaging rights as provided herein.
Sample 1

Related to Obligations Related to Mortgage

  • Obligations relating to Project Agreements 5.2.1 It is expressly agreed that the Concessionaire shall, at all times, be responsible and liable for all its obligations under this Agreement notwithstanding anything contained in the Project Agreements or any other agreement, and no default under any Project Agreement or agreement shall excuse the Concessionaire from its obligations or liability hereunder.

  • RIGHT TO MORTGAGE Landlord reserves the right to mortgage or otherwise place a lien on the Property and Tenant agrees to accept the Property subject and subordinate to any such mortgage or lien. Tenant hereby grants power of attorney to Landlord for the sole and limited purpose of executing and delivering any document required in the name of Tenant for any such mortgage or lien.

  • Obligations relating to Change in Ownership 5.3.1 The Concessionaire shall not undertake or permit any Change in Ownership, except with the prior approval of the Authority.

  • Certain Agreements Related to Deposits Subject to Section 2.2, the Assuming Institution agrees to honor the terms and conditions of any written escrow or mortgage servicing agreement or other similar agreement relating to a Deposit liability assumed by the Assuming Institution pursuant to this Agreement.

  • Exception to Obligations Neither Party's obligations under this Section shall apply to the extent the infringement is caused by: (i) modification of the facilities or equipment (including software) by the indemnitee; (ii) use by the indemnitee of the facilities or equipment (including software) in combination with equipment or facilities (including software) not provided or authorized by the indemnitor, provided the facilities or equipment (including software) would not be infringing if used alone; (iii) conformance to specifications of the indemnitee which would necessarily result in infringement; or (iv) continued use by the indemnitee of the affected facilities or equipment (including software) after being placed on notice to discontinue use as set forth herein.

  • Obligations Regarding Importations 1. Except as otherwise provided in this Chapter, each Party shall require an importer in its territory that claims preferential tariff treatment for a good imported into its territory from the territory of the other Party to:

  • SECTION 907 - VEHICLE CONFIGURATIONS AND RESTRICTIONS The SADT on the section shall be understood to be 1,500.

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