Acquisition of the Project Clause Samples
The 'Acquisition of the Project' clause defines the terms and conditions under which one party obtains ownership or control of a specific project from another party. Typically, this clause outlines the process for transferring assets, intellectual property, or contractual rights related to the project, and may specify requirements such as due diligence, payment terms, and the timing of the transfer. Its core practical function is to ensure a clear and legally binding framework for the transfer, minimizing disputes and clarifying each party’s rights and obligations during the acquisition process.
Acquisition of the Project. The Borrower shall complete the Acquisition of the Project with all reasonable dispatch, delays incident to strikes, riots, acts of God or the public enemy or any delay beyond its reasonable control only excepted, in accordance with the Plans and Specifications; provided, however, that if completion of such Acquisition is delayed for any reason, there shall be no diminution in or postponement of the payments to be made by the Borrower pursuant to the Note or Section 5.1 hereof.
Acquisition of the Project. 8 SECTION 4.01. Application of Proceeds of Bonds................ 8 -------------------------------- SECTION 4.
Acquisition of the Project. Agreement to Undertake and Complete the Project....................................................9 Section 3.2. Disbursements from the Initial Fund........................9 Section 3.3. Establishment of Completion Date and Certificate as to Completion............................
Acquisition of the Project. Section 3.1. Acquisition of the Project.................................................
Acquisition of the Project. Section 3.1. Sale and Purchase of Project 9 Section 3.2. Purchase and Sale of Project 9 Section 3.3. Title 9
Acquisition of the Project. Agreement to Acquire 9 SECTION 4.02 No Warranty of Suitability of Issuer 10 SECTION 4.03 Pursuit of Remedies Against Vendors, Contractors and Subcontractors and Their Sureties 10 SECTION 4.04 Completion of the Project 10
Acquisition of the Project. Section 3.1. Sale of the Refunding Project to Authority 10 Section 3.2. Purchase and Sale of the 2020 Project and the Refunding Project 10 Section 3.3. Title 10 Section 3.4. Acquisition and Construction of the 2020 Project 10 Section 3.5. Changes to the 2020 Project 10 Section 3.6. Acquisition Fund 11
Section 4.1. Purchase Price 11 Section 4.2. 2020 Installment Payments 11 Section 5.1. Pledge of Revenues 12 Section 5.2. Allocation of Revenues 12 Section 5.3. Additional Contracts and Bonds 13 Section 5.4. Investments 15 Section 5.5. Rate Stabilization Fund 15
Acquisition of the Project. Agreement to Undertake and Complete the Project......
Acquisition of the Project. Assumption of Bank Loan, Issuance of Series A Note, and Issuance of Series B Note Section 4.2 Costs of the Project Section 4.3 Company Required to Pay Project Costs in Event Loan Insufficient Section 4.4. Payment of Expenses of Loan Section 4.5. Other Amounts Payable by the Company Section 4.6. Bank Priority RENTAL PROVISIONS: PREPAYMENT
Acquisition of the Project. Section 2.1 Agreement to Acquire ...............................................