Use of Project Facilities Sample Clauses
The 'Use of Project Facilities' clause defines the terms under which parties may access and utilize facilities associated with a specific project. Typically, it outlines who is permitted to use the facilities, the purposes for which they may be used, and any restrictions or obligations, such as maintenance responsibilities or hours of operation. This clause ensures that all parties have a clear understanding of their rights and limitations regarding facility use, thereby preventing disputes and promoting efficient project operations.
Use of Project Facilities. The Issuer agrees that it will not take any action, or cause any action to be taken on its behalf, to interfere with the Company's ownership interest in the Project or to prevent the Company from having possession, custody, use and enjoyment of the Project other than pursuant to Article VII of this Agreement or Article VII of the Indenture.
Use of Project Facilities. The Authority agrees that it will not take any action, or cause any action to be taken on its behalf, to interfere with the Company’s ownership interest in the Project or to prevent the Company from having possession, custody, use and enjoyment of the Project other than pursuant to Article VII of this Agreement or Article VII of the Indenture.
Use of Project Facilities. The Company represents, covenants and agrees that each of the Project Facilities are to be used only as a “manufacturing facility” within the meaning of Section 144(a)(12) of the Code; provided, however, that a portion of the Project Facilities may be used as a facility which is directly related and ancillary to such manufacturing facility, within the meaning of such Section of the Code. The Company further represents that it presently intends to use and operate the Project Facilities in a manner consistent with the Act until the date on which the Bonds have been fully paid and knows of no reason why the Project Facilities will not be, or cannot be, so used and operated.
Use of Project Facilities. The Borrower will use the Project Facilities only in furtherance of its lawful purposes and will use and operate the Project Facilities, to the extent financed by the proceeds of the Note, only as an authorized project under the Act and as permitted under the Code. The Borrower will not knowingly use or knowingly permit any person to use the Project Facilities for any use or purpose in violation of the laws of the United States or the State, and agrees to comply with all material requirements of applicable laws, regulations and statutes of the State or other governmental authority having jurisdiction over the Project Facilities. The Borrower shall have the right to contest by appropriate legal proceedings, without cost or expense to the Issuer, the validity of any law, ordinance, order, rule, regulation or requirement of the nature herein referred to.
Use of Project Facilities. The Borrower will use the Project Facilities only in furtherance of its lawful purposes and will cause the Project Facilities to be used and operated only as a facility eligible to be and defined as a “project” under the Act and in accordance with all pertinent provisions of Sections 103, 145 and 150 of the Internal Revenue Code, to the extent necessary or desirable to maintain the excludability of Bond interest from the gross income of the recipients thereof. The Borrower will not use or permit any person to use the Project Facilities for any use or purpose in violation of the laws of the United States, the State of Minnesota, or any ordinance of the Issuer, and agrees to comply with all the orders, rules, regulations and requirements of the agencies, officers or boards of the City, City or State or other governmental authority having jurisdiction over the Project Facilities. The Borrower shall have the right to contest by appropriate legal proceedings, without cost or expense to the Issuer, the validity of any law, ordinance, order, rule, regulation or requirement of the nature herein referred to.
Use of Project Facilities. The Borrower shall use or cause the Project Facilities to be used as an authorized project for a purpose and use as provided for under the Act until payment of the Bond has been made in full.
Use of Project Facilities. Notwithstanding any provision herein to the contrary, the Company did not use any of the proceeds of the 1989 Bonds, the 1991 Series C Bonds or the Loan (or the income earned through the investment thereof, if any) and did not take or omit any action or permit any action to be taken or omitted with the result that interest on the Bonds is included in the gross income of the owners thereof for federal income tax purposes. The use of the Project Facilities (or facilities replacing the same) is in furtherance of the purpose of air or water pollution control or sewage or solid waste disposal and in compliance with the Act.
Use of Project Facilities. The Borrower will use the Project Facilities only in furtherance of its lawful purposes and will cause the Project Facilities to be used and operated as required by the Act or other applicable law. The Borrower will not use or permit any person to use the Project Facilities for any use or purpose in violation of the laws of the United States, the State of Minnesota, or any ordinance of the Issuer, and agrees to comply with all the orders, rules, regulations and requirements of the State of Minnesota and the Issuer, including the departments and boards of the Issuer, or any other governmental authority having jurisdiction over the Project Facilities. The Borrower shall have the right to contest by appropriate legal proceedings, without cost or expense to the Issuer, the validity of any law, ordinance, order, rule, regulation or requirement of the nature herein referred to.
Use of Project Facilities. The CONTRACTOR will use the Project Facilities to provide Broadband Services in the Service Area, and for other lawful purposes as determined by CONTRACTOR. The CONTRACTOR will not use or permit any Person to use the Project Facilities for any use or purpose in violation of the laws of the United States, the State of Minnesota, or any ordinance of the City, and agrees to comply with all the orders, rules, regulations and requirements of the officers or Councils of the City, the State or any other governmental authority having jurisdiction over the Project Facilities. CONTRACTOR shall have the right to contest by appropriate legal proceedings, without cost or expense to the City, the validity of any law, ordinance, order, rule, regulation or requirement of the nature herein referred to.Nothing in this agreement impacts CONTRACTOR’S legal right to terminate service to any Person consistent with its service agreement and/or applicable law
Use of Project Facilities. The Company will use the Project Facilities only in furtherance of its lawful purposes and will cause the Project Facilities to be used and operated as a facility for providing Broadband Services in the Service Area. As further provided in Section 5.05, the Company may make changes in the Project Facilities at any time; provided that no changes will be made which would delete from the Project Facilities any essential characteristics of the Project Facilities as they currently exist nor which would materially and adversely affect the total operating unity and efficiency or capacity of the Project Facilities to provide Broadband Services within the boundaries of the Service Area. The Company will not use or permit any person to use the Project Facilities for any use or purpose in violation of the laws of the United States, the State of Minnesota, the Franchise Agreement or any ordinance of the Town, and agrees to comply with all the orders, rules, regulations and requirements of the officers or boards of the Town, the State or any other governmental authority having jurisdiction over the Project Facilities. The Company shall have the right to contest by appropriate legal proceedings, without cost or expense to the Town or the Town, the validity of any law, ordinance, order, rule, regulation or requirement of the nature herein referred to.