Project Equipment. (A) The Borrower shall have the right to install, operate, use, remove and dispose of the Project Equipment in the normal and ordinary course of its business operations, and shall not be required to replace any item of Project Equipment which is discarded or sold for scrap. The Borrower shall not, however, either in one transaction or a series of transactions sell, convey, transfer, remove or otherwise dispose of more than 20% by value of the Project Equipment without prior notice to and the consent of the Authority, unless such Project Equipment is replaced by property of similar value and utility, provided that such dispositions may be made as permitted by the Mortgage while the Mortgage is in effect.
Project Equipment. (A) The Borrower shall have the right to install, operate, remove and dispose of the Project Equipment in the normal and ordinary course of its business operations, and shall not be required to replace any item of Project Equipment which is discarded or sold for scrap. Except as provided in the immediately preceding sentence, the Borrower’s ability to dispose of the Project Equipment shall be governed by the provisions of Section 6.1 hereof.
Project Equipment. The Project Equipment consists of the following, to the extent paid for in whole with Bond proceeds: All items of machinery, equipment and parts or other personal property installed in or acquired and located in the Project Improvements or elsewhere on the Project Site, and replacements thereof and additions thereto as provided in the Lease. EXHIBIT C FORM OF REQUISITION CERTIFICATE Requisition No. Date: REQUISITION CERTIFICATE TO: U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE UNDER A TRUST INDENTURE DATED AS OF MAY 1, 0000, XXXXXXX XXXX XX XXXXXXX, XXXXXXXX, AND THE TRUSTEE, AND THE LEASE AGREEMENT DATED AS OF MAY 1, 0000, XXXXXXX XXXX XX XXXXXXX, XXXXXXXX AND NUCOR STEEL SEDALIA LLC, A DELAWARE LIMITED LIABILITY COMPANY. The undersigned Authorized Company Representative hereby states and certifies that:
Project Equipment. All items of machinery, equipment and parts or other personal property installed or acquired or to be acquired for installation in the Project Improvements or elsewhere on the Project Site, or for use in connection with the Tenant’s business, pursuant to Article IV hereof and paid for in whole or in part from the proceeds of Bonds and all replacements thereof and substitutions therefor made pursuant to this Lease. EXHIBIT D [FORM OF REQUISITION CERTIFICATE] Requisition No. Date: REQUISITION CERTIFICATE TO: BOKF, NA, AS TRUSTEE UNDER A TRUST INDENTURE DATED AS OF OCTOBER 1, 0000, XXXXXXX XXX XXXX XX XXXXXXXX, XXXXXX, AND THE TRUSTEE, AND LEASE AGREEMENT DATED AS OF OCTOBER 1, 2013, BETWEEN THE CITY OF LAWRENCE, KANSAS, KANSAS, AND RCP, LLC The undersigned hereby requests that a total of $ be paid for Project Costs (as defined in said Lease) in such amounts, to such payees and for such purposes as set forth on Schedule 1 attached hereto. I hereby state and certify that: (i) the amounts requested are or were necessary and appropriate in connection with the acquisition, purchase, construction, improving, equipping or remodeling of the Project, have been properly incurred and are a proper charge against the Project Fund, and have been paid by or are justly due to the persons whose names and addresses are stated above, and have not been the basis of any previous requisition from the Project Fund; (ii) as of this date, except for the amounts referred to above, there are no, to the best of my knowledge, outstanding statements which are due and payable for labor, wages, materials, supplies or services in connection with the acquisition, purchase, construction, improving, equipping or remodeling of said buildings and improvements which, if unpaid, might become the basis of a vendors’, mechanics’, laborers’ or materialmen’s statutory or similar lien upon the Project or any part thereof; and (iii) no part of the several amounts paid or due as stated above has been or is being made the basis for the withdrawal of any moneys from the Project Fund in any previous or pending application for payment made pursuant to said Lease. For any payee which is the Tenant the undersigned hereby instructs the Trustee to make such payment by electronic transfer to the following account: , ABA No. , Credit Account No. (Bliss Sports, LC). BLISS SPORTS, LC, a Kansas limited liability company By: Xxxxxx X. Xxxxxxx, Manager [ADD APPROVAL SIGNATURES FOR TENANT AND PERMITTED LENDER] SCHEDULE ...
Project Equipment. All equipment necessary to perform the Project and deliver the finished Product. Project Equipment that is specified in the Scope of Work as to be supplied by SPONSOR or that SPONSOR requires MOLECULAR MEDICINE to obtain for the Project is referred to as “Sponsor Equipment.”
Project Equipment. (a) identify the equipment and its project function, (b) certify the percent utilized by the project and the time period required by the project, (c) note whether equipment is previously leased, newly leased or purchased, and (d) explain circumstances where purchase resulted in cost saving over leasing. In the case of purchased equipment, the final reimbursement request should certify the “per unit fair market value” including the source or method for determining the value and make appropriate deductions if necessary. In the case of leased equipment, the final reimbursement should certify that the lease has been terminated and/or lease costs transferred to another funding source.
Project Equipment. The Project Equipment consists of the following, to the extent paid for in whole with Bond proceeds: All items of machinery, equipment and parts or other personal property installed in or acquired and located in the Project Improvements or elsewhere on the Project Site, and replacements thereof and additions thereto as provided in the Lease. EXHIBIT B PROJECT DEVELOPMENT SCHEDULE
Project Equipment. The Project Equipment consist of the following, to the extent paid for in whole with Xxxx proceeds: All items of machinery, equipment and parts or other personal property installed or acquired or to be acquired for installation in the Project Improvements or elsewhere on the Project Site. EXHIBIT C FORM OF REQUISITION CERTIFICATE Requisition No. Date: REQUISITION CERTIFICATE TO: UMB BANK, N.A., AS TRUSTEE UNDER A TRUST INDENTURE DATED AS OF AUGUST 1, 2016, BETWEEN CITY OF JOPLIN, MISSOURI, AND THE TRUSTEE, AND THE LEASE AGREEMENT DATED AS OF AUGUST 1, 2016, BETWEEN CITY OF JOPLIN, MISSOURI AND HEARTLAND PET FOODS MANUFACTURING, INC.. The undersigned Authorized Company Representative xxxxxx states and certifies that:
Project Equipment. 17 ARTICLE V CONDEMNATION DAMAGE AND DESTRUCTION Section 5.1. No Abatement of Payments Hereunder................................................ 18 Section 5.2. Project Disposition Upon Condemnation, Damage or Destruction...................... 18 Section 5.3. Application of Net Proceeds of Insurance or Condemnation..........................
Project Equipment. As long as Customer’s Short-Term or Long-Term Repayment Obligation, as applicable, remains outstanding, (i) Customer will keep all Project- related equipment free from any and all liens, claims, encumbrances, and the like; (ii) Customer will not grant a security interest in such equipment to any party without the prior written consent of Authority; (iii) the equipment will remain at the Facility site as designated in a CPC; (iv) Customer will not sell, offer for sale, transfer, or dispose of such equipment without notice to Authority; (v) Customer will not use or permit any person to use the equipment in a manner prohibited by law or in a manner which would void any manufacturer’s warranty; (vi) Customer agrees to maintain the equipment in good order and repair at all times, and will not waste or destroy the equipment or any part of it; and (vii) Customer will keep the equipment insured in accordance with the requirements set forth in Section 6.3 hereof.
