Common use of Leasing Project Property to Another Party Clause in Contracts

Leasing Project Property to Another Party. Unless FTA has determined or determines otherwise in writing, if the Recipient leases any Project property to another party, the Recipient agrees to retain ownership of the leased Project property, and assures that the lessee will use the Project property appropriately, either through a written lease between the Recipient and the lessee, or another similar document. Upon request by FTA, the Recipient agrees to provide a copy of any relevant documents.

Leasing Project Property to Another Party. Unless FTA has determined or determines otherwise in writing, if If the Recipient leases any Project property to another party, the Recipient agrees to retain ownership of the leased Project property, and assures assure that the lessee will use the Project property appropriately, either through a written lease between the Recipient and the lessee, or another similar document. Upon request by FTA, the Recipient agrees to provide a copy of any relevant documents.

Leasing Project Property to Another Party. Unless FTA has determined or determines otherwise in writing, if the Recipient leases any Project property to another party, the Recipient agrees to retain ownership of the leased Project property, and assures that the lessee will use the Project property appropriately, either through a written lease between the Recipient and the lessee, or another similar document. Upon request by FTA, the Recipient agrees to provide a copy of any relevant documents.