Common use of Ownership of Project Lands Clause in Contracts

Ownership of Project Lands. The Contracting Parties acknowledge that, subject to the provisions of the Construction Lien Act (Ontario), neither the Contracting Parties nor Lender shall, under this Project Agreement or any of the Implementing Agreements, acquire any interest in the Project Lands or the Project notwithstanding any provision therein to the contrary. The Contracting Parties and Lender shall have access to the Project Lands and the Project under and subject to the licenses granted under the Construction Contract and the Lender’s Direct Agreement, respectively, and Hospital represents and warrants to Project Co and Contractor that it has the authority to grant such access.

Ownership of Project Lands. The Contracting Parties acknowledge that, subject to the provisions of the Construction Lien Act (Ontario), neither the Contracting Parties nor Lender shall, under this Project Agreement or any of the Implementing Agreements, acquire any interest in the Project Lands or the Project notwithstanding any provision therein to the contrary. The Contracting Parties and Lender Xxxxxx shall have access to the Project Lands and the Project under and subject to the licenses granted under the Construction Contract and the Lender’s Direct Agreement, respectively, and Hospital represents and warrants to Project Co and Contractor that it has the authority to grant such access.

Ownership of Project Lands. The Contracting Parties acknowledge that, subject to the provisions of the Construction Lien Act (Ontario), neither the Contracting Parties Parties, Agent nor Lender shall, under this Project Agreement or any of the Implementing Agreements, acquire any interest in the Project Lands or the Project notwithstanding any provision therein to the contrary. The Contracting Parties Parties, Agent and Lender shall have access to the Project Lands and the Project under and subject to the licenses granted under the Construction Contract and the Lender’s Direct Agreement, respectively, and Hospital represents and warrants to Project Co and Contractor that it has the authority to grant such access.

Ownership of Project Lands. The Contracting Parties acknowledge that, subject to the provisions of the Construction Lien Act (Ontario), neither the Contracting Parties Parties, Agent nor Lender shall, under this Project Agreement or any of the Implementing Agreements, acquire any interest in the Project Lands or the Project notwithstanding any provision therein to the contrary. The Contracting Parties Parties, Agent and Lender Xxxxxx shall have access to the Project Lands and the Project under and subject to the licenses granted under the Construction Contract and the Lender’s Direct Agreement, respectively, and Hospital represents and warrants to Project Co and Contractor that it has the authority to grant such access.

Ownership of Project Lands. The Contracting Parties acknowledge that, subject to the provisions of the Construction Lien Act (Ontario), neither the Contracting Parties nor Lender shall, under this Project Agreement or any of the Implementing Agreements, acquire any interest in the Project Lands or the Project notwithstanding any provision therein to the contrarycontrary and that Hospital shall at all times retain the fee simple interest in and the freehold title to the Project Lands and the Project, unencumbered by any interest of the Contracting Parties or Lender. The Contracting Parties and Lender shall have access to the Project Lands and the Project under and subject to the licenses granted under the Construction Contract and the Lender’s Direct Agreement, respectively, and Hospital represents and warrants to Project Co and Contractor that it has the authority to grant such access.