OWNERSHIP OF THE FACILITIES. The stormwater management/BMP facilities required to be constructed and maintained by the Grantor under the Maintenance Agreement shall be and remain the property of the Grantor. This Deed of Dedication and Easement shall not be construed to be an assumption of ownership or control by the Grantee over the stormwater management/ BMP facilities subject to the Maintenance Agreement.
OWNERSHIP OF THE FACILITIES. 9.1 Notwithstanding the payment of any service connection fee by the Customer, RWSL shall have full title to all equipment installed and ownership and responsibility will end at the point of delivery, referred to as the valve curb stop.
OWNERSHIP OF THE FACILITIES. 3.1 Unless otherwise specified in Schedule 3, the Facilities shall be owned jointly by the Participants and subject to any adjustments rendered necessary by the operation of Clauses 16, 17, 18 or 19 such ownership shall be by means of equal Ownership Interests. If necessary a balancing payment shall be made between the Participants to achieve equal ownership of the assets. This payment is set out in the “Sale of Assets Agreement” (Schedule 6). The Participants agree that such payment shall represent and achieve equal ownership of the assets.
OWNERSHIP OF THE FACILITIES. 4.1 The Facilities and all the equipment, accessories, supplies, spare parts and materials forming part thereof, with the exception of Items required and supplied by the Operator in respect of the operation and maintenance of the Facilities shall be owned by APSA and the Operator shall have no rights to offer or place in guarantee any part or all of the Facilities.
OWNERSHIP OF THE FACILITIES. The Facilities subject to the Leases are the property of the respective Lessors in undivided interests, subject to the rights of the Company and/or San Xxxxxx to reacquire the same pursuant to the terms of the respective Leases; and the balance of Facilities are the property of San Xxxxxx. The Authority shall have no right, title or interest in the Facilities.
OWNERSHIP OF THE FACILITIES. The facilities are the property of San Xxxxxx. The Authority shall have no right, title or interest in the Facilities.
OWNERSHIP OF THE FACILITIES. Title to, and ownership of, the Facilities shall remain vested in Owner. Title to any new Facilities or improvement or replacement to any existing Facilities which is obtained pursuant to this Agreement shall vest automatically in Owner without any other action necessary hereunder.
