Common use of Construction of the Project Clause in Contracts

Construction of the Project. The Corporation hereby represents that it has caused the Project to be completed and acknowledges that it shall not be entitled to any reimbursement for the cost of construction of the Project from the Authority, the Trustee or the Holders of the Bonds, nor shall it be entitled to any diminution or postponement of the payments required to be paid by the Corporation pursuant to this Participation Agreement or the Corporation Obligations. Section 3.04.

Appears in 6 contracts

Samples: Supplemental Participation Agreement (Niagara Mohawk Power Corp /Ny/), Supplemental Participation Agreement (Niagara Mohawk Power Corp /Ny/), Supplemental Participation Agreement (Niagara Mohawk Power Corp /Ny/)

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Construction of the Project. The Corporation hereby represents that it has caused the Project to be completed and acknowledges that it shall not be entitled to any reimbursement for the cost of construction of the Project from the Authority, the Trustee or the Holders of the Bonds, nor shall it be entitled to any diminution or postponement of the payments required to be paid by the Corporation pursuant to this Participation Agreement or the Corporation Obligations. Section 3.04Obligation.

Appears in 1 contract

Samples: Supplemental Participation Agreement (Niagara Mohawk Power Corp /Ny/)

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Construction of the Project. The Corporation Company hereby represents that it has caused the Project to be completed and acknowledges that it shall not be entitled to any reimbursement for the cost of construction of the Project from the Authority, the Trustee or the Holders of the Bonds, nor shall it be entitled to any diminution or postponement of the payments required to be paid by the Corporation Company pursuant to this Participation Agreement or the Corporation Obligations. Section 3.04Company Obligation.

Appears in 1 contract

Samples: Participation Agreement (Keyspan Corp)

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