Examples of Site and Facilities in a sentence
In making such determination, consideration has been given to the estimated fair market value of the Site and Facilities, other obligations of the parties under this Lease, the uses and purposes which may be served by the Site and Facilities and the benefits therefrom which will accrue to the City and the general public.
No consent or approval of any Lender or holder of any indebtedness of the City or of the voters of the City, and no consent, permission, authorization, order or license of, or filing or registration with, any governmental authority is necessary in connection with the execution and delivery of this Lease, the Site and Facilities Lease and the Assignment Agreement, or the consummation of any transaction herein or therein contemplated, except as have been obtained or made and as are in full force and effect.
Notwithstanding the foregoing, the Corporation shall have the right to inspect the Site and Facilities as provided in Section 7.2.
Throughout the Term of this Lease, the Corporation shall provide the City with quiet use and enjoyment of the Site and Facilities and the City shall peaceably and quietly have and hold and enjoy the Site and Facilities, without suit, trouble or hindrance from the Corporation, except as expressly set forth in this Lease.
All Net Proceeds received from the re-lease of the Site and Facilities under this Article VIII, and all other amounts derived by the Corporation or the Lender as a result of the occurrence of an Event of Default, shall be transferred to the Lender promptly upon receipt thereof.
All additions, modifications and improvements to the Site and Facilities shall thereafter comprise part thereof and be subject to the provisions of this Lease.
The parties hereto have agreed and determined that the total Lease Payments and Additional Rental Payments represent the fair rental value of the Site and Facilities.
The Site and Facilities are not located in a 100-year flood zone and has never been subject to material damage from flooding.
No consent or approval of any Lender or holder of any indebtedness of the Corporation, and no consent, permission, authorization, order or license of, or filing or registration with, any governmental authority is necessary in connection with the execution and delivery of this Lease, the Site and Facilities Lease, or the Assignment Agreement, or the consummation of any transaction herein or therein contemplated, except as have been obtained or made and as are in full force and effect.
The Lease Payments and Additional Rental Payments during each Fiscal Year shall constitute the total rental for the Site and Facilities for such Fiscal Year, and shall be paid by the City in each Fiscal Year for and in consideration of the right of the use and occupancy of, and the continued quiet use and enjoyment of the Site and Facilities during each Fiscal Year.