Common use of Transfer of Project Property Clause in Contracts

Transfer of Project Property. In addition to 49 U.S.C. § 5334(h), which authorizes the transfer of Project property financed with FTA assistance, 49 U.S.C. § 5310(h) also authorizes the Recipient to transfer Project property acquired with Federal assistance authorized under 49 U.S.C. § 5310 to any entity eligible to receive assistance under 49 U.S.C. chapter 53, provided that the subrecipient currently possessing the Project property consents to the transfer, and the transferred Project property will continue to be used in accordance with the requirements of 49 U.S.C. § 5310.

Transfer of Project Property. In addition to 49 U.S.C. § 5334(h), which authorizes the Recipient to transfer of Project property financed with FTA assistancefacilities and equipment, 49 U.S.C. § 5310(h5311(h) also authorizes the Recipient to transfer Project property acquired with Federal assistance authorized under 49 U.S.C. § 5310 5311 to any entity eligible to receive Federal assistance authorized under 49 U.S.C. chapter 53, provided that the subrecipient currently possessing in possession of the Project property consents to the transfer, and the transferred Project property will continue to be used in accordance with the requirements of 49 U.S.C. § 53105311.

Transfer of Project Property. In addition to 49 U.S.C. § 5334(h), which authorizes the transfer of Project property financed with FTA assistancefacilities and equipment, 49 U.S.C. § 5310(h5311(h) also authorizes the Recipient to transfer of Project property acquired with Federal assistance authorized under 49 U.S.C. § 5310 5311 to any entity eligible to receive Federal assistance authorized under 49 U.S.C. chapter 53, provided that the subrecipient currently possessing the Project property consents to the that transfer, and the transferred Project property will continue to be used for purposes in accordance with the requirements of 49 U.S.C. § 53105311.

Transfer of Project Property. In addition to 49 U.S.C. § 5334(h), which authorizes the transfer of Project property financed with FTA assistanceproperty, 49 U.S.C. § 5310(h) also authorizes the Recipient to transfer Project property acquired with Federal assistance authorized under 49 U.S.C. § 5310 to any entity eligible to receive assistance under 49 U.S.C. chapter 53, provided that the subrecipient currently possessing the Project property consents to the transfer, and the transferred Project property will continue to be used in accordance with the requirements of 49 U.S.C. § 5310.

Transfer of Project Property. In addition to 49 U.S.C. § 5334(h), which authorizes the transfer of Project property financed with FTA assistancefacilities and equipment, 49 U.S.C. § 5310(h5311(h) also authorizes the Recipient to transfer of Project property acquired with Federal assistance authorized under 49 U.S.C. § 5310 5311 to any entity eligible to receive Federal assistance authorized under 49 U.S.C. chapter 53, provided that the subrecipient currently possessing the Project property consents to the that transfer, and the transferred Project property will continue to be used for purposes in accordance with the requirements of 49 U.S.C. § 53105311.