Right of Access to the Project Clause Samples
The Right of Access to the Project clause grants designated parties, such as the owner, contractor, or authorized representatives, the legal ability to enter the project site as needed. This access typically allows for activities like inspections, progress monitoring, or performing necessary work, and may be subject to reasonable notice or safety requirements. The core function of this clause is to ensure that stakeholders can oversee the project's development, verify compliance with contractual obligations, and address issues promptly, thereby promoting transparency and effective project management.
POPULAR SAMPLE Copied 1 times
Right of Access to the Project. The Borrower agrees that the Governmental Lender, the Funding Lender, the Servicer and the Construction Consultant, and their duly authorized agents, attorneys, experts, engineers, accountants and representatives shall have the right, but no obligation, at all reasonable times during business hours and upon reasonable notice, to enter onto the Land (a) to examine, test and inspect the Project without material interference or prejudice to the Borrower’s operations and (b) to perform such work in and about the Project made necessary by reason of the Borrower’s default under any of the provisions of this Borrower Loan Agreement. The Governmental Lender, the Funding Lender, the Servicer, and their duly authorized agents, attorneys, accountants and representatives shall also be permitted, without any obligation to do so, at all reasonable times and upon reasonable notice during business hours, to examine the books and records of the Borrower with respect to the Project.
Right of Access to the Project. The Company agrees that during the term of this Agreement the Authority, the Trustee, and the duly authorized agents of either of them shall have the right at all reasonable times during normal business hours to enter upon each site where any part of the Project is located and to examine and inspect the Project or, in the case of the Authority, to carry out its powers hereunder; provided that reasonable notice shall be given to the Company at least five (5) Business Days prior to such examination or inspection, and such inspection shall not disturb the Company’s normal business operations.
Right of Access to the Project. The Company agrees that the Issuer, the Trustee and their respective duly authorized agents shall have the right, for so long as the Company has an ownership interest in the Project and subject to such limitations, restrictions and requirements as the Company may reasonably prescribe for plant security and safety reasons and in order to preserve secret processes and formulae, at all reasonable times to enter upon and to examine and inspect the Project; provided, however, nothing contained herein shall entitle the Issuer or the Trustee to any information or inspection involving confidential material of the Company. Information and data contained in the books and records of the Company shall be considered proprietary and shall not be voluntarily disclosed by the Issuer or the Trustee except as required by law. In the event that the Company sells or otherwise transfers its interest in the Project, the Company shall require the purchaser or transferee of the Company’s interest in the Project to agree that the Issuer, the Trustee and their respective duly authorized agents shall have the same rights, and be subject to the same limitations, as are provided in this Section with respect to the Project.
Right of Access to the Project. The Company agrees that the Director and any of the Director’s duly authorized agents shall have the right at all reasonable times to enter upon the Project Site and the facilities thereon and to examine and inspect the Project during normal business hours and upon three days’ prior written notice to the Company. The Company further agrees that the Director and the Director’s duly authorized agents shall have such rights of access to the Project Site and facilities thereon as may be reasonably necessary to provide for the proper maintenance of the Project in the event of failure by the Company to perform its obligations under Sections 3.1 or 5.1 of the Security Agreement.
Right of Access to the Project. The Borrower agrees that during the term of this Agreement the Authority, the Trustee, the Bank and the duly authorized agents of any of them shall have the right at all reasonable times during normal business hours to enter upon the site of the Project to examine and inspect the Project; provided, however, that reasonable notice shall be given to the Borrower prior to such examination or inspection. The rights of access hereby reserved to the Authority, the Trustee and the Bank may be exercised only after such agent shall have executed release of liability and secrecy agreements if requested by the Borrower in the form then currently used by the Borrower, and nothing contained in this Section or in any other provision of this Agreement shall be construed to entitle the Authority, the Trustee or the Bank to any information or inspection involving the confidential knowledge, expertise or know-how of the Borrower.
Right of Access to the Project. The City may conduct such periodic inspections of the Project as may be generally provided in the City’s municipal code. In addition, the Developer agrees that the City and the Trustee and their duly authorized agents may, at reasonable times during normal business hours and, except in the event of emergencies, upon not less than two Business Days’ prior notice, subject to the Developer’s usual business, proprietary, safety, confidentiality and security requirements, enter upon the Project Site (a) to examine and inspect the Project without interference or prejudice to the Developer’s operations, (b) to monitor the acquisition, construction and installation of the Project pursuant to Section 4.2 as may be reasonably necessary, (c) to examine all files, records, books and other materials in the Developer’s possession pertaining to the acquisition, installation or maintenance of the Project, or (d) upon either (i) the occurrence and continuance of an Event of Default or (ii) the Developer’s failure to purchase the Project at the end of the Lease Term, to exhibit the Project to prospective purchasers, lessees or trustees.
Right of Access to the Project. 16 Section 10.4. Granting of Easements; Leasehold Mortgages and Financing Arrangements 16 Section 10.5. Indemnification of City and Trustee 19 Section 10.6. Depreciation, Investment Tax Credit and Other Tax Benefits 20 Section 10.7. Developer to Maintain its Existence 20 Section 10.8. Security Interests 20 Section 10.9. Environmental Matters, Warranties, Covenants and Indemnities Regarding Environmental Matters 21
Right of Access to the Project. The City may conduct such periodic inspections of the Project as may be generally provided in the City’s municipal code. In addition, the Developer agrees that the City and the Trustee and their duly authorized agents may, at reasonable times during normal business hours and, except in the event of emergencies, upon not less than two Business Days’ prior notice, subject to the Developer’s usual business, proprietary, safety, confidentiality and security requirements, enter upon the Project Site (a) to examine and inspect the Project without interference or prejudice to the Developer’s operations, (b) to monitor the acquisition, construction and installation of the Project pursuant to Section 4.2 as may be reasonably necessary, (c) to examine all files, records, books and other materials in the Developer’s possession pertaining to the acquisition, installation or maintenance of the Project, or
Right of Access to the Project. Subject to the reasonable security and safety requirements of the Borrower, the Borrower agrees that the Issuer, the Bank and the Trustee, and their respective duly authorized agents, shall have the right at all reasonable times upon reasonable notice to enter upon the Project to examine and inspect the same, and shall have the right at all reasonable times to inspect all books and records of the Borrower relating to the Project and make copies thereof.
Right of Access to the Project. 8 SECTION 5.2. THE BORROWER'S MAINTENANCE OF ITS EXISTENCE; ASSIGNMENTS 8 SECTION 5.3. RECORDS AND FINANCIAL STATEMENTS OF BORROWER 9 SECTION 5.4. MAINTENANCE AND REPAIR 9 SECTION 5.5. QUALIFICATION IN CALIFORNIA 9 SECTION 5.6. TAX EXEMPT STATUS OF BONDS 9 SECTION 5.7. NOTICE OF RATE PERIODS 10 SECTION 5.8. REMARKETING OF THE BONDS 11 SECTION 5.9. NOTICES TO TRUSTEE AND CITY 12 SECTION 5.10. CONTINUING DISCLOSURE 12 ARTICLE VI EVENTS OF DEFAULT AND REMEDIES
SECTION 6.1. EVENTS OF DEFAULT 12 SECTION 6.2. REMEDIES ON DEFAULT 13 SECTION 6.3. AGREEMENT TO PAY ATTORNEYS' FEES AND EXPENSES 15 SECTION 6.4. NO REMEDY EXCLUSIVE 15 SECTION 6.5. NO ADDITIONAL WAIVER IMPLIED BY ONE WAIVER 15 ARTICLE VII PREPAYMENT SECTION 7.1. REDEMPTION OF BONDS WITH PREPAYMENT MONEYS 15 SECTION 7.2. OPTIONS TO PREPAY INSTALLMENTS 16 SECTION 7.3. MANDATORY PREPAYMENT 16 SECTION 7.4. AMOUNT OF PREPAYMENT 16 SECTION 7.5. NOTICE OF PREPAYMENT 16 ARTICLE VIII NON-LIABILITY OF CITY; EXPENSES; INDEMNIFICATION SECTION 8.1. NON-LIABILITY OF CITY 17 SECTION 8.2. EXPENSES 17 SECTION 8.3. INDEMNIFICATION 18 ARTICLE IX MISCELLANEOUS SECTION 9.1. NOTICES 18 SECTION 9.2. SEVERABILITY 18 SECTION 9.3. EXECUTION OF COUNTERPARTS 19 SECTION 9.4. AMENDMENTS, CHANGES AND MODIFICATIONS 19 SECTION 9.5. GOVERNING LAW 19 SECTION 9.6. AUTHORIZED BORROWER REPRESENTATIVE 19 SECTION 9.7. TERM OF THE AGREEMENT 19 SECTION 9.8. BINDING EFFECT 19 TESTIMONIUM 20 SIGNATURES AND SEALS 20 EXHIBIT A Description of the Project A-1 LOAN AGREEMENT THIS LOAN AGREEMENT, dated as of November 1, 1996, by and between the CITY OF CHULA VISTA, a municipal corporation and charter city duly organized and existing under the laws and Constitution of the State of California (the "City"), and SAN DIEGO GAS & ELECTRIC COMPANY, a corporation organized and existing under the laws of the State of California (the "Borrower"),