Common use of Maintenance of Title Clause in Contracts

Maintenance of Title. The Borrower shall at all times after the Closing Date maintain title in fee simple to, or a valid leasehold interest in, or a valid right of way or easement or license over, all real property at the time necessary for the construction, operation and maintenance of the Project.

Appears in 2 contracts

Sources: Loan and Reimbursement Agreement (Cogentrix Energy Inc), Loan and Reimbursement Agreement (Cogentrix Energy Inc)