Examples of Lease Agreements in a sentence
Each of the Lease Agreements described in Section 1.1(d) has not been modified, altered, terminated or revoked, and is in full force and effect.
Upon the recordation of the Utility Conveyance and assignment of lease or sublease of the Wastewater Plant, as applicable, the City agrees that it will operate and maintain the Facilities at its sole cost and expense; provided, however, MUD 53 will continue to make all payments due under the Lease Agreements, including making all lease payments until MUD 53 exercises the purchase options.
The Lessee, and its Governing Body, designate its obligations under the Lease Agreements as “qualified tax exempt obligations” as defined RESOLUTION 2024-01 in and for the purposes of Section 265(b)(3) of the Internal Revenue Code of 1986, as amended.
The Lessee, and its Governing Body, designate its obligations under the Lease Agreements as “qualified tax exempt obligations” as defined in and for the purposes of Section 265(b)(3) of the Internal Revenue Code of 1986, as amended.
The City will assess the Capacity Charge in the amount of $4,000 on behalf of MUD 53 and retain and separately account for $3,850 of such charge towards the purchase of the Wastewater Plant under the Lease Agreements, to be remitted to MUD 53 upon written request at the time MUD 53 exercises the purchase options.