Examples of Capital Provider in a sentence
In the event of the commencement of any such proceeding or litigation, the Property Owner shall be entitled to participate in such proceeding or litigation with counsel of its choice at its own expense; provided that such counsel shall be reasonably satisfactory to the District and the Capital Provider.
Any disbursement authorized by the Capital Provider without the Capital Provider having received each of the items to which it is entitled under this Agreement or any such disbursement agreement shall not constitute breach or modification of this Agreement or any such disbursement agreement, nor shall any written amendment to this Agreement or any such disbursement agreement be required as a result thereof.
Neither the District nor the Capital Provider assumes any obligation of the Property Owner concerning the contractor, the quality of construction of the Project or the absence therefrom of defects.
In any investigation, proceeding or litigation, or the preparation therefor, the District and the Capital Provider shall each select its own counsel and, in addition to the foregoing indemnity, the Property Owner agrees to pay promptly the reasonable fees and expenses of such counsel.
Neither the Capital Provider nor the District shall have any liability to the Property Owner or any other person on account of (i) the Property Owner engaging a contractor from the list of contractors submitted by the District or the Capital Provider to the Property Owner, (ii) the services performed by the contractor, or (iii) any neglect or failure on the part of the contractor to perform or properly perform its services.