Release of Certain Land Sample Clauses

Release of Certain Land. Notwithstanding any other provision hereof, the parties hereto reserve the right to amend this Agreement at any time and from time to time by mutual agreement for the purpose of effecting the release of and removal of (i) any unimproved part of the Project Land (on which no component of the Project Facilities is located but on which parking, transportation or utility facilities may be located) on which the Board proposes to construct improvements for lease or sale to another person or persons under another and different agreement, or (ii) any part of the Project Land with respect to which the Board proposes to grant an easement or convey a fee interest or other title to a railroad or other public or private carrier or to any public utility or public body in order that transportation facilities or services by rail, water, road or other means or utility services for the Project may be provided, increased or improved; provided, that if at the time any such amendment is made any of the Bonds are outstanding, there shall be deposited with the Trustee the following:
AutoNDA by SimpleDocs
Release of Certain Land. Notwithstanding any other ----------------------- provision hereof, the parties hereto reserve the right to amend this Agreement at any time and from time to time by mutual agreement for the purpose of effecting the release of and removal of:
Release of Certain Land. Notwithstanding any other provision of this Loan Agreement, the parties hereto, with the prior written consent of Trustee, which consent shall not be unreasonably withheld, reserve the right at any time and from time to time to amend the Deed of Trust for the purpose of effecting the release of and removal from this Loan Agreement, the Deed of Trust, and the Indenture (i) of any unimproved part of the Land (on which neither the Buildings nor any Mortgaged Equipment is located but on which transportation or utility facilities may be located) on which Company proposes to construct improvements under another and different loan agreement or (ii) any part of the Land with respect to which Company proposes to grant an easement or convey a fee or other title to a railroad or other public or private carrier or to any public utility or public body in order that transportation facilities or services by rail, water, road, or other means or utility services for the Mortgaged Property may be provided, increased, or improved; provided, that if at the time any such amendment is made any of the Bonds are Outstanding and unpaid there shall be deposited with Trustee the following:
Release of Certain Land. Notwithstanding any other provisions of this Agreement, the parties hereto reserve the right, at any time and from time to time, to amend this Agreement for the purpose of effecting the release of and removal from this Agreement of (i) any unimproved part of the real estate comprising part of the Project (on which no Facilities building or other building or equipment owned by Issuer and essential to the continued operation of the Project is situated) or (ii) any part of the Land with respect to which Issuer and City would propose to convey fee title to a railroad, public utility or public body in order that railroad service, utility services or roads may be provided for the Project.
Release of Certain Land. Provided no event of default shall have occurred and be continuing, the Company shall have the right to have the Issuer release from this Deed of Trust a part or parts of the real property constituting the Land upon compliance with Section 9.4 of the Loan Agreement.
Release of Certain Land. Notwithstanding any other provisions of this Lease, the parties hereto reserve the right, at any time and from time to time, to amend this Lease for the purpose of effecting the release of or removal from this Lease and the leasehold estate created hereby of (i) any unimproved part of the Land (on which no part of the Building or other building or equipment owned by the Company and essential to the continued operation of the Project is situated), or (ii) any part of the Land with respect to which the Company proposes to convey fee title or an easement to a railroad, public utility or public body in order that railroad service, utility services or roads may be provided for the Project; provided that if at the time any such amendment is made any of the Loan is outstanding and unpaid such amendment shall not be effective until and unless the Lender has consented thereto in writing. (END OF ARTICLE VIII)
Release of Certain Land. (a) Notwithstanding any other provision of this Sublease, and provided that the provisions of Section 7.4(d) hereof are met, the Sublessee reserves the right, at any time and from time to time, to amend this Sublease, and the Sublessor agrees to cause the Lease to be correspondingly amended in accordance with the provisions of Section 8.5 hereof, for the purpose of releasing from this Sublease and the leasehold estate created hereby and from the Lease and the leasehold estate created thereby one or more of the following portions of the Leased Land:
AutoNDA by SimpleDocs
Release of Certain Land. Reference is made to, the provisions of the Agreement, including, without limitation, Section 11.3 thereof, wherein the County and the Company have reserved the right to withdraw certain portions of the Project Land from the Agreement and this Indenture upon compliance with the terms and conditions of the Agreement. The Trustee shall release from the Agreement and the lien of this Indenture any such land and from this Indenture all rights to and liens on the purchase price payments, other payments and revenues derived from such released land upon compliance with the provisions of the Agreement. The Trustee is hereby authorized and directed to execute and record, or cause to be executed and to be properly recorded. any and all instruments reasonably requested by the Company to effectuate a release from the Agreement and this Indenture of the Project Land and to terminate any security interest or other lien with respect thereto.
Release of Certain Land. Notwithstanding any other provision of this Agreement, the parties hereto reserve the right at any time, and from time to time, but only with the prior written consent of the Bank, to amend this Agreement for the purpose of effecting the release of and removal from this Agreement and the leasehold estate created hereby of any part of the Leased Land with respect to which the Lessor proposes to grant an easement or convey fee title to a railroad, public utility or public body in order that railroad, utility services or roads may be provided for the Project, provided that, if at the time any such amendment is made, any of the Bonds are outstanding and unpaid there shall be deposited with the Trustee the following:
Release of Certain Land. Notwithstanding any other provisions of this Agreement, the parties hereto reserve the right, at any time and from time to time, to amend this Agreement and the Indenture for the purpose of effecting the release of and removal from this Agreement, the leasehold estate created hereby and the lien of the Indenture of (a) any unimproved part of the Project Site (on which no Project building or other building or equipment owned by the Company and essential to the continued operation of the Project is situated) or (b) any part of the Project Site with respect to which the owner of the Project Site proposes to convey fee title to a railroad, public utility or public body in order that railroad service, utility services or roads may be provided for the Facility, provided, that if at the time any such amendment is made any of the Bonds are outstanding and unpaid, such amendment shall not be effective until and unless there are deposited with the Trustee the following:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!