Common use of NO COMPOSITE PROJECT Clause in Contracts

NO COMPOSITE PROJECT. The Borrower hereby represents and warrants for the benefit of the Issuer, the Trustee and the registered owners of the Bonds that the Facilities are a stand-alone Manufacturing Facility unconnected to any other facility and do not share any portion of substantial common facilities with any other building (other than the Facilities), (b) an enclosed shopping mall or (c) a strip of offices, stores or warehouses.

Appears in 3 contracts

Sources: Tax Regulatory Agreement (RBC Bearings INC), Tax Regulatory Agreement (Advanced Aerodynamics & Structures Inc/), Tax Regulatory Agreement (Roller Bearing Co of America Inc)