Common use of Without cost to Developer Clause in Contracts

Without cost to Developer. or the Department and subject to the Lender’s rights under the Direct Agreement, expressly permit assignment to the Department of all Developer’s rights under the Key Contract, contingent only upon delivery of written request from the Department pursuant to Section 19.6.3.1, allowing the Department to assume the benefit of Developer’s rights with liability only for those remaining obligations of Developer accruing after the date of assumption, such assignment to include the benefit of all Key Contractor warranties, indemnities, guarantees and professional responsibility;

Appears in 3 contracts

Samples: Public Private Partnership Agreement, Public Private Partnership Agreement, Public Private Partnership Agreement

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Without cost to Developer. or the Department and subject to the Lender’s rights under the Direct Agreement, expressly permit assignment to the Department of all Developer’s rights under the Key Contract, contingent only upon delivery of written request from the Department pursuant to Section 19.6.3.119.5.3.1, allowing the Department to assume the benefit of Developer’s rights with liability only for those remaining obligations of Developer accruing after the date of assumption, such assignment to include the benefit of all Key Contractor warranties, indemnities, guarantees and professional responsibility;

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

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