Ownership of the Project Site Sample Clauses

The 'Ownership of the Project Site' clause establishes who holds legal title or rights to the land or property where the project is being developed. Typically, this clause clarifies whether the owner, developer, or another party possesses the site during the project's duration, and may outline any restrictions or obligations related to site access, use, or transfer. By clearly defining site ownership, the clause helps prevent disputes over property rights and ensures all parties understand their responsibilities and entitlements regarding the project location.
Ownership of the Project Site. The Developer represents that either it and/or a Related Party has acquired or has a contractual right to acquire all of the real property included in the Project Site and required for construction of the Project, except for the property interests contemplated in the Price Road Access Agreement and the Public Access to North Price Road.
View SourceView Similar (4)
Ownership of the Project Site. The Developer represents that it owns all of the real property included in the Project Site and required for construction of the Project.
View Source

Related to Ownership of the Project Site

  • Ownership of Improvements All modifications, alterations and improvements made or added to the Leased Premises by Tenant (other than Tenant’s inventory, equipment, movable furniture, wall decorations and trade fixtures) shall be deemed real property and a part of the Leased Premises, but shall remain the property of Tenant during the Lease, and Tenant hereby covenants and agrees not to grant a security interest in any such items to any party other than Landlord. Any such modifications, alterations or improvements, once completed, shall not be altered or removed from the Leased Premises during the Lease Term without Landlord’s written approval first obtained in accordance with the provisions of Paragraph 6.1 above. At the expiration or sooner termination of this Lease, all such modifications, alterations and improvements other than Tenant’s inventory, equipment, movable furniture, wall decorations and trade fixtures, shall automatically become the property of Landlord and shall be surrendered to Landlord as part of the Leased Premises as required pursuant to Article 2, unless Landlord shall require Tenant to remove any of such modifications, alterations or improvements in accordance with the provisions of Article 2, in which case Tenant shall so remove same. Landlord shall have no obligations to reimburse Tenant for all or any portion of the cost or value of any such modifications, alterations or improvements so surrendered to Landlord. All modifications, alterations or improvements which are installed or constructed on or attached to the Leased Premises by Landlord and/or at Landlord’s expense shall be deemed real property and a part of the Leased Premises and shall be property of Landlord. All lighting, plumbing, electrical, heating, ventilating and air conditioning fixtures, partitioning, window coverings, wall coverings and floor coverings installed by Tenant shall be deemed improvements to the Leased Premises and not trade fixtures of Tenant.

  • Ownership of Equipment Any equipment purchased by or furnished to the Grantee by the State under this grant agreement is provided on a loan basis only and remains the property of the State.