Transfers of Project; Assignment of Interest in this Agreement by the Company. The County hereby acknowledges that the Company may from time to time and in accordance with applicable law, sell, transfer, lease, convey, or grant the right to occupy and use the Project, in whole or in part, or assign its interest in this Agreement, to others; provided, however, that any transfer by the Company of any of its interest in this Agreement to any other Person shall require the prior written consent or subsequent ratification of the County, which shall not be unreasonably withheld. No such sale, lease, conveyance, grant or assignment shall relieve the County from the County’s obligations to provide Personal Property Special Source Revenue Credits to the Company or any assignee of the same, under this Agreement as long as such assignee is qualified to receive the Personal Property Special Source Revenue Credits under the Infrastructure Credit Act.
Appears in 2 contracts
Samples: Special Source Revenue Credit Agreement, Special Source Revenue Credit Agreement
Transfers of Project; Assignment of Interest in this Agreement by the Company. The Subject to the provisions of Section 7.01 hereof, the County hereby acknowledges that the Company may from time to time and in accordance with applicable law, sell, transfer, lease, convey, or grant the right to occupy and use the Project, in whole or in part, or assign its interest in this Agreement, to others; provided, however, that any transfer by the Company of any of its interest in this Agreement to any other Person shall require the prior written consent or subsequent ratification of the County, which shall not be unreasonably withheld. No such sale, lease, conveyance, grant or assignment shall relieve the County from the County’s obligations to provide Personal Property Special Source Revenue Infrastructure Credits to the Company Company, as the case may be, or any assignee of the same, under this Agreement as long as such assignee is qualified to receive the Personal Property Special Source Revenue Infrastructure Credits under the Infrastructure Credit Act.
Appears in 2 contracts
Samples: Infrastructure Finance Agreement, Infrastructure Finance Agreement
Transfers of Project; Assignment of Interest in this Agreement by the Company. The County hereby acknowledges that the Company may from time to time and in accordance with applicable law, sell, transfer, lease, convey, or grant the right to occupy and use the Project, in whole or in part, or assign its interest in this Agreement, to others; provided, however, that any transfer by the Company of any of its interest in this Agreement to any other Person shall require the prior written consent or subsequent ratification of the County, which shall not be unreasonably withheld. No such sale, lease, conveyance, grant or assignment shall relieve the County from the County’s obligations to provide Personal Property Special Source Revenue Additional Infrastructure Credits to the Company or any assignee of the same, under this Agreement as long as such assignee is qualified to receive the Personal Property Special Source Revenue Additional Infrastructure Credits under the Infrastructure Credit Act.
Appears in 1 contract
Transfers of Project; Assignment of Interest in this Agreement by the Company. The County hereby acknowledges that the Company may from time to time and in accordance with applicable law, sell, transfer, lease, convey, or grant the right to occupy and use the Project, in whole or in part, or assign its interest in this Agreement, to others; provided, however, that any transfer by the Company of any of its interest in this Agreement to any other Person shall require the prior written consent or subsequent ratification of the County, which shall not be unreasonably withheld. No such sale, lease, conveyance, grant or assignment shall relieve the County from the County’s obligations to provide Personal Property Special Source Revenue Credits to the Company Company, or any assignee of the same, under this Agreement as long as such assignee is qualified to receive the Personal Property Special Source Revenue Credits under the Infrastructure Credit Act.
Appears in 1 contract
Samples: Special Source Credit Agreement