Ownership of Project Site Sample Clauses

Ownership of Project Site. The County owns the Project Site, free and clear of any Encumbrances other than: (1) applicable zoning and building bylaws and ordinances, municipal bylaws and regulations existing as of the Technical Proposal Due Date; and (2) recorded covenants, conditions, restrictions and easements, as shown below, based upon a Title Search Report provided by National Title and Abstract Company on behalf of the County, certified as of February 27, 2018:
Sample 1
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Ownership of Project Site. The Town owns approximately 12 acres bordered by Walnut Street to the south, Kildaire Farm Road, Dry Avenue and Academy Streets to the west, South Xxxxxx Street to the east, and Park Street to the North (“Town Property”). The Project will be constructed on the approximately 4.6 acre site located at the southern portion of the Town Property. Exhibit A shows the Project Site. . The Town owns, and shall continue to own, the Project Site. From the execution of this Agreement until final acceptance of the Project, the Town of Xxxx grants Wake County possession of Project Site for the construction of Project, and XXX. The Parties shall execute such other and further documents as may be requested from time to time to effectuate the purposes of this Agreement. The Parties acknowledge and accept that the Town intends to incorporate the Parking Deck into a downtown development project under N.C.G.S. 160A- 458.3, intended to be constructed on the adjacent Town Property. Such project is presently expected to be a mixed-use development consisting of approximately 75,000 SF of commercial office space, 34,500 SF of retail space and 150 residential units (“Mixed -Use Development”). Such Mixed- Use Development, if and when undertaken, shall be the sole responsibility of the Town, without interference with the construction of the Project. County agrees to cooperate with Town reasonably, diligently, and in good faith with the Town’s execution of the Mixed-Use Development without any obligation of County to make any out-of- pocket expenditure or to increase the scope of the Project without executing a written amendment to this Agreement.
Sample 1
Ownership of Project Site. Developer is or will be the contract purchaser of the Controlled Property within the Project Site which is more particularly described in Exhibit “D” to this Agreement.
Sample 1
Ownership of Project Site. The City owns the Project Site, free and clear of any Encumbrances other than: (1) applicable zoning and building bylaws and ordinances, municipal bylaws and regulations existing as of the Proposal Due Date; and (2) recorded covenants, conditions, restrictions and easements, as shown below, based upon a title search report provided by First American Title Insurance Company on behalf of the City.
Sample 1
Ownership of Project Site. The Corporation covenants that fee simple title to the site of the Prior Project, as described in the Mortgage and Security Agreement, is owned, and shall continue to be owned for so long as Bonds are Outstanding by the Corporation. On or before the Closing Date the Corporation shall deliver to the Bond Trustee (a) a title update, acceptable to the Bond Insurer; and (b) the Mortgage and Security Agreement.
Sample 1

Related to Ownership of Project Site

  • Ownership of Property Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Ownership of Improvements All modifications, alterations and improvements made or added to the Leased Premises by Tenant (other than Tenant’s inventory, equipment, movable furniture, wall decorations and trade fixtures) shall be deemed real property and a part of the Leased Premises, but shall remain the property of Tenant during the Lease, and Tenant hereby covenants and agrees not to grant a security interest in any such items to any party other than Landlord. Any such modifications, alterations or improvements, once completed, shall not be altered or removed from the Leased Premises during the Lease Term without Landlord’s written approval first obtained in accordance with the provisions of Paragraph 6.1 above. At the expiration or sooner termination of this Lease, all such modifications, alterations and improvements other than Tenant’s inventory, equipment, movable furniture, wall decorations and trade fixtures, shall automatically become the property of Landlord and shall be surrendered to Landlord as part of the Leased Premises as required pursuant to Article 2, unless Landlord shall require Tenant to remove any of such modifications, alterations or improvements in accordance with the provisions of Article 2, in which case Tenant shall so remove same. Landlord shall have no obligations to reimburse Tenant for all or any portion of the cost or value of any such modifications, alterations or improvements so surrendered to Landlord. All modifications, alterations or improvements which are installed or constructed on or attached to the Leased Premises by Landlord and/or at Landlord’s expense shall be deemed real property and a part of the Leased Premises and shall be property of Landlord. All lighting, plumbing, electrical, heating, ventilating and air conditioning fixtures, partitioning, window coverings, wall coverings and floor coverings installed by Tenant shall be deemed improvements to the Leased Premises and not trade fixtures of Tenant.

  • OWNERSHIP OF PRODUCTS It is understood and agreed that all products provided under this Agreement shall become the property of the County upon acceptance by the County.

  • Ownership of Equipment Any equipment purchased by or furnished to the Grantee by the State under this grant agreement is provided on a loan basis only and remains the property of the State.

  • Ownership of Facilities a) The Member shall own and be solely responsible for all expense, installation, maintenance, and operation of all facilities, including all power generating facilities, at and beyond the point of delivery as defined in the Cooperative’s tariffs.

  • Ownership of Alterations and Improvements In all cases of alterations, improvements, changes, accessories and the like that cannot be removed from the Property without destroying or otherwise deteriorating the Property or any surface thereof shall, upon creation, become the Landlord’s property without need for any further transfer, delivery or assignment thereof.

  • Ownership of Website The content, information and offers on our website are copyrighted by Bank and/or Vendor and the unauthorized use, reproduction, linking or distribution of any portions is strictly prohibited. You agree not to copy, display, distribute, download, license, sub-license, modify, publish, repost, reproduce, reuse, sell, transmit, create a derivative work from or otherwise use for public or commercial purposes, the information and materials on the Sites, except as provided in this Agreement, without our express written permission. Unless otherwise noted, all other trademarks, service marks, and logos used on the Bank’s sites are the trademarks, service marks or logos of Bank, or others as indicated.

  • Ownership of Material Copyright in the pages and in the screens displaying the pages, and in the information and material therein and in their arrangement, is owned by Profinium and/or its Service Providers unless otherwise indicated. All registered and unregistered trademarks used in the Service are the sole property of their respective owners. Unauthorized reproduction in whole or part is prohibited.

  • OWNERSHIP OF THE EQUIPMENT 9.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the Equipment (even if You go into liquidation or become bankrupt during the Hire Period). Your rights to use the Equipment are as a bailee only.

  • Ownership of Materials All reports, documents or other materials developed or received by Consultant or any other person engaged directly by Consultant to perform the services required hereunder shall be and remain the property of City without restriction or limitation upon their use.

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