Common use of Purpose of Site Lease Clause in Contracts

Purpose of Site Lease. The parties acknowledge and agree that this Site Lease is executed and delivered concurrently with the execution and delivery of the Project Lease and the other documents and agreements executed in connection therewith and as a condition precedent thereto, and that the Bank and the owners of the Bonds shall be deemed to be third party beneficiaries.

Appears in 4 contracts

Sources: Site Lease Agreement, Site Lease Agreement, Site Lease

Purpose of Site Lease. The parties acknowledge and agree that this Site Lease is executed and delivered concurrently with the execution and delivery of the Project Lease and the other documents and agreements executed in connection therewith and as a condition precedent thereto, and that the Bank and the owners of the Bonds shall be deemed to be third party beneficiaries.other

Appears in 1 contract

Sources: Site Lease

Purpose of Site Lease. The parties acknowledge and agree that this Site Lease is executed and delivered concurrently with the execution and delivery of the Project Lease and the other documents and agreements executed in connection therewith and as a condition precedent thereto, and that the Bank Trustee and the owners of the Bonds shall be deemed to be third party beneficiaries.

Appears in 1 contract

Sources: Site Lease