Common use of Private Use and Private Payments Clause in Contracts

Private Use and Private Payments. None of the Project Funds or the Project are, have been or will be used in the aggregate for any activities that constitute a Private Use (as defined below). None of the principal of or interest with respect to the Installment Payments will be secured by any interest in property (whether or not the Project) used for a Private Use or in payments in respect of property used for a Private Use, or will be derived from payments in respect of property used for a Private Use. "

Appears in 6 contracts

Samples: Project Finance Agreement, Project Finance Agreement, Project Finance Agreement

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Private Use and Private Payments. None No portion of the Project Funds or the Project areis being, have has been or will be used in the aggregate for any activities that constitute a Private Use (as defined below). None No portion of the principal of or interest with respect to the Installment Payments will be secured by any interest in property (whether or not the Project) used for a Private Use or in payments in respect of property used for a Private Use, or will be derived from payments in respect of property used for a Private Use. "

Appears in 4 contracts

Samples: Construction Installment Sale Agreement, Construction Installment Sale Agreement, Construction Installment Sale Agreement

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