Subleasing of Project to Authority Sample Clauses

Subleasing of Project to Authority. The Sponsors hereby rent, sublease and relet the Project to the Authority, and the Authority hereby rents, subleases and rehires the Project from the Sponsors upon and subject to the terms and conditions herein contained. The Authority covenants and agrees to plan, construct, operate and maintain the Project as herein provided. The Authority further covenants and agrees to use its best efforts to obtain the maximum use and occupancy of the Project for NFL football and for all types of sports, recreation and other legal uses. The Authority and the Sponsors agree that such use and occupancy of the Project will carry out the public purposes of the Sponsors by promoting sports activity and tourism, increasing and creating jobs, and generating additional taxes for the use and benefit of the Sponsors and their citizens. During the Agreement Term, to further such public purposes, upon the reasonable request of the City the Authority shall permit use of the Project, free of charge, for certain amateur or collegiate sporting events promoted by the City (e.g. select public high school football games or the St. Louis Gateway Classic football game). The Authority covenants and agrees that it will not enter into any binding commitment or agreement, including, but not limited to the NFL Team Lease, with the NFL Team to play NFL Football games in the sports facility constructed as part of the Project unless a minimum of two of the City-appointed Commissioners of the Authority appointed pursuant to Section 67.652 RSMo. have voted in favor of the NFL Team Lease or such other binding commitment or agreement. The Authority further covenants and agrees that that the term of any NFL Team Lease or such other binding commitment or agreement with the NFL Team to play NFL Football games in the sports facility constructed as part of the Project, must not expire prior to the termination of the City’s payment obligations hereunder.
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Subleasing of Project to Authority. The Sponsors hereby rent, sublease and relet the Project to the Authority, and the Authority hereby rents, subleases and rehires the Project from the Sponsors upon and subject to the terms and conditions herein contained. The Authority covenants and agrees to plan, construct, operate and maintain the Project as herein provided. The Authority further covenants and agrees to use its best efforts to obtain the maximum use and occupancy of the Project for NFL football and for all types of sports, recreation and other legal uses. The Authority and the Sponsors agree that such use and occupancy of the Project will carry out the public purposes of the Sponsors by promoting sports activity and tourism, increasing and creating jobs, and generating additional taxes for the use and benefit of the Sponsors and their citizens. During the Agreement Term, to further such public purposes, upon the reasonable request of the City the Authority shall permit use of the Project, free of charge, for certain amateur or collegiate sporting events promoted by the City (e.g. select public high school football games or the St. Louis Gateway Classic football game). The Authority covenants and agrees that it will not enter into any binding commitment or agreement, including, but not limited to the NFL Team Lease, with the NFL Team to play NFL Football games in the sports facility constructed as part of the Project unless (a) a majority of the State- appointed Commissioners and the City-appointed Commissioners vote in favor of the NFL Team Lease or such other binding commitment or agreement, determined without regard to the votes of the County-appointed Commissioners, (b) a minimum of two of the City-appointed Commissioners of the Authority vote in favor of the NFL Team Lease or such other binding commitment or agreement, and (c) at least one of the State-appointed Commissioners, who resides in the City, votes in favor of the NFL Team Lease or such other binding commitment or agreement. The Authority further covenants and agrees that that the term of any NFL Team Lease or such other binding commitment or agreement with the NFL Team to play NFL Football games in the sports facility constructed as part of the Project, must not expire prior to the termination of either Sponsor’s payment obligations hereunder.
Sample 1

Related to Subleasing of Project to Authority

  • Caiso and Participating to Authority 13.5.1 General 13.5.2 Reduction and Disconnection 13.6 Interconnection Customer Authority 13.7 Limited Liability

  • Your Legal Power to Sign and Invest You have the legal power to sign this Investment Agreement and purchase the Note.

  • Program Requirements Provided At No Charge to the Judicial Council A. The Contractor shall provide the following items during the Program at no charge to the Judicial Council:

  • RIGHT TO AUDIT; SUPPORTING DOCUMENTS; AUTHORITY OF STATE AUDITOR By executing this Agreement, implementing the authority of, and accepting the benefits provided by Chapter 313 of the TEXAS TAX CODE, the Parties agree that this Agreement and their performance pursuant to its terms are subject to review and audit by the State Auditor as if they are parties to a State contract and subject to the provisions of Section 2262.154 of the TEXAS GOVERNMENT CODE and Section 313.010(a) of the TEXAS TAX CODE. The Parties further agree to comply with the following requirements:

  • No Restriction on Existing Examination and Investigative Authority That this Agreement shall in no way preclude any State Mortgage Regulator from exercising its examination or investigative authority authorized under the laws of the corresponding Participating State in the instance a determination is made wherein Respondent is found not to be adhering to the requirements of the Agreement, other than inadvertent and isolated errors that are promptly corrected by Respondent, or involving any unrelated matter not subject to the terms of this Agreement. The Parties agree that the failure of Respondent to comply with any term or condition of this Agreement with respect to a particular State shall be treated as a violation of an Order of the State and may be enforced as such. Moreover, Respondent acknowledges and agrees that this Agreement is only binding on the State Mortgage Regulators and not any other Local, State or Federal Agency, Department or Office.

  • GENERAL COMPLIANCE WITH RESPECT TO THE APARTMENT Subject to Clause 12 above, the Allottee shall, after taking possession, be solely responsible to maintain the [Apartment/Plot] at his/her own cost, in good repair and condition and shall not do or suffer to be done anything in or to the Building, or the [Apartment/Plot], or the staircases, lifts, common passages, corridors, circulation areas, atrium or the compound which may be in violation of any laws or rules of any authority or change or alter or make additions to the [Apartment/Plot] and keep the [Apartment/Plot], its walls and partitions, sewers, drains, pipe and appurtenances thereto or belonging thereto, in good and tenantable repair and maintain the same in a fit and proper condition and ensure that the support, shelter etc. of the Building is not in any way damaged or jeopardized. The Allottee further undertakes, assures and guarantees that he/she would not put any sign-board / name-plate, neon light, publicity material or advertisement material etc. on the face / facade of the Building or anywhere on the exterior of the Project, buildings therein or Common Areas. The Allottees shall also not change the colour scheme of the outer walls or painting of the exterior side of the windows or carry out any change in the exterior elevation or design. Further the Allottee shall not store any hazardous or combustible goods in the [Apartment/Plot] or place any heavy material in the common passages or staircase of the Building. The Allottee shall also not remove any wall, including the outer and load bearing wall of the [Apartment/Plot]. The Allottee shall plan and distribute its electrical load in conformity with the electrical systems installed by the Promoter and thereafter the association of allottees and/or maintenance agency appointed by association of allottees. The Allottee shall be responsible for any loss or damages arising out of breach of any of the aforesaid conditions.

  • General Enforcement Authority That the terms of this Agreement shall be enforced in accordance with the provisions, terms and authorities provided in this Agreement and under the respective laws and regulations of each Participating State.

  • COMPLIANCE WITH RESPECT TO THE APARTMENT 15.1 Subject to para 12 above, the Allottee shall, after taking possession, be solely responsible to maintain the Apartment at his/her own cost, in good repair and condition and shall not do or suffer to be done anything in or to the Building, or the Apartment, or the staircases, lifts, common passages, corridors, circulation areas, atrium or the compound which may be in violation of any laws or rules of any authority or change or alter or make additions to the Apartment and keep the Apartment, its walls and partitions, sewers, drains, pipe and appurtenances thereto or belonging thereto, in good and tenantable repair and maintain the same in a fit and proper condition and ensure that the support, shelter etc. of the Building is not in any way damaged or jeopardized.

  • Construction Phase - Administration of the Construction Contract 1.6.1 The Construction Phase shall commence with the acceptance of the Construction Manager’s Guaranteed Maximum Price (or acceptance of a partial Guaranteed Maximum Price for a stage or phase) and issuance of a Notice to Proceed with Construction Services and terminate sixty (60) days after Final Payment to the Contractor is made, or when all of Architect/Engineer’s services have been satisfactorily performed, whichever occurs later.

  • Recourse to Agencies or Courts of Competent Jurisdiction Notwithstanding Section 11.2, nothing in this Agreement shall restrict the rights of a Party to file a complaint with the FERC under relevant provisions of the Federal Power Act or with the PUCO under relevant provisions of the Legal Authorities. The Parties’ agreement under this Section 11.3 is without prejudice to any Party’s right to contest jurisdiction of the FERC or PUCO to which a complaint is brought.

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