Ownership/Maintenance. At Closing Principal LIBE Shareholder will own 11% of the total outstanding common shares of LIBE. If at any time within six months after the Closing Date, LIBE issues additional shares of common stock other than Permitted Issuances, Principal LIBE Shareholder will be issued additional shares of common stock in order to maintain his ownership at 11% of the total outstanding shares of common stock of LIBE as such percentage is reduced by Permitted Issuances or by sales of stock by the Principal LIBE Shareholder. "Permitted Issuances" means (1) any shares issued in connection with capital formation in an arm's length transaction, (2) employee stock options or warrants issued to service providers, or (3) shares of LIBE common stock or LIBE Convertible Notes issued in exchange for convertible notes of EPCLLC outstanding as of the Closing Date.
Ownership/Maintenance. Upon completion of construction, the CITY shall own all portions and components of the Storm Sewer, as extended, which shall become part of the CITY’S municipal storm sewer system and be maintained by the CITY as such without further contribution from CASEY’S.
Ownership/Maintenance. Seller is the owner, and where registered, the owner of record in all patent, trademark, any copyright offices, of all right, title and interest to the Intellectual Property free and clear of all liens, security interests, encumbrances and other claims, and all such rights are fully assignable to Purchaser. All necessary registration, maintenance and renewal fees have been paid and all necessary documents have been filed for the purposes of maintaining the registered Intellectual Property.
Ownership/Maintenance. The County shall own the Trail and shall, at its own expense, maintain the Trail in good condition and repair throughout the term of this Agreement. In addition, as partial consideration for the rights granted to the County pursuant to the terms of this Agreement, the County shall, at its own expense, be responsible throughout the term of this Agreement (i) for trash pickup for all dumpsters serving the Trail, (ii) for maintenance of the grounds along the Trail and the mowing of any grass necessary for health and safety within the Trail route, and (iii) for the maintenance of the following shared facilities ("Shared Facilities") serving the Project: the detention and water quality ponds, the parking lots, the internal drives, the lighting for the parking lots and driveways, and the Trail corridor (to the extent such facilities are constructed).
Ownership/Maintenance. Improvements on the Missouri side shall be owned and maintained by Kansas City. Improvements on the Kansas side shall be owned and maintained by Overland Park. A separate Maintenance Agreement will be entered into by Kansas City and Overland Park to address specific maintenance responsibilities of each party.
Ownership/Maintenance. Except as set forth in Schedule 4.14(b), Seller is the owner, and where registered, the owner of record in all patent, trademark and copyright offices, of all right, title and interest to the registered Intellectual Property free and clear of all Liens, other than Permitted Liens, and all such rights are fully assignable to Purchaser.
Ownership/Maintenance. Lessee shall have the right to and shall be solely responsible for the cost of installing its equipment in, on, and upon the premises. Lessee will indemnify, defend and hold HC harmlessCOUNTY harmless from any such costs. Notwithstanding the foregoing, Lessee hereby covenants and agrees that any contractor utilized for the installation of its antenna, transmission line, and associated equipment in, on, or upon the premises must be prior approved by HCCOUNTY , and show evidence of the appropriate licensing and insurance and Lessee shall be solely responsible for the costs incident thereto. Lessee shall be solely responsible for, at its sole cost and expense, the operation, maintenance and repair of its antenna(s), transmission line(s), transceiver(s), and associated equipment as hereinafter further set forth. Except as otherwise provided in this Agreement, or the attachments and exhibits hereto, Lessee shall install only the antenna(s), transmission line(s), and associated equipment on the premises that appear in Attachment A. Lessee shall promptly pay for any and all work which it might contract in, on, upon, or about the premises and will not permit or suffer any construction liens to attach to the premises as a result thereof, and shall promptly cause any claim for any such lien to be released, or to secure HC toCOUNTY to its satisfaction in the event it desires to contest any such lien. Upon failure of Lessee to remove such lien or charge within 30 days of written notice thereof by HCCOUNTY , HCCOUNTY may satisfy the same and thereupon charge Lessee the sum, together with all reasonable costs and expenses incurred in connection therewith, said amounts to be payable upon written demand by HCCOUNTY . HC shallCOUNTY shall have the right to grant to other parties such access to the premises for installation and operation of other communications equipment as may be technically compatible with the primary rights granted to Lessee. Lessee shall give HC promptCOUNTY prompt notice of any claim made or suit instituted which in any way affects or might affect HC andCOUNTY and HC shallCOUNTY shall have the right to compromise and defend same to the extent of its own interest.
Ownership/Maintenance. All utility lines, equipment, facilities and other property now or hereafter located on Lot 15W and/or Lot 15E that are used solely to supply a utility service to one Lot or the Improvements thereon, shall, to the extent not owned by the utility supplier, be owned by the Owner of the Lot to which the utility service is provided, and shall be kept in a condition of good order and repair by such Owner. The Owner of Lot 15W shall be responsible for all costs and expenses of inspection, maintenance, repair, restoration or replacement of the utilities servicing only Lot 15W, and the Owner of Lot 15E shall be responsible for all costs and expenses of inspection, maintenance, repair, restoration or replacement of the utilities servicing only Lot 15E. After any such inspection, maintenance, repair, restoration or replacement, the Owner causing such work to be done shall be responsible for restoring the surface of the land to its condition immediately prior to the performance of such work
Ownership/Maintenance. Unless otherwise noted on Exhibit A, and after substantial completion of the Work, the Work shall become property of the City and all associated warranties and guarantees provided by the Council’s contractor(s) performing work on the Work shall become the property of the City. Upon the City becoming the owner of the Work, the City will be responsible for operation and maintenance of the Work.
Ownership/Maintenance. 1. The bonds and warranties obtained in the bid process and in any resulting contract shall be issued in the name of the Council and thereafter assigned to the City as set forth in this paragraph, except that if a surety prohibits such assignment then said bonds and warranties shall be issued in the name of both the Council and the City. Upon final completion of the construction of the City Project and acceptance of the City Project by City pursuant to this Agreement, the City Project shall become property of the City and all associated warranties and guarantees provided by the construction contractors and subcontractors associated with the City Project shall become the property of the City.
2. Upon City becoming the owner of the City Project, the City shall be responsible for the operation and maintenance of the City Project.
3. If the City chooses not to have the Council incorporate the City Project into a combined project construction contract with the Council Project, the City shall own the Preliminary Design Document and City Project Construction Documents.
