Owner of Project Assets Sample Clauses

Owner of Project Assets. Subject to Section 7.3 and except as provided in Section8.2, the PSA Entities shall be the only legal and beneficial owners of the Project Assets, and Banro and the Seller shall ensure that no person other than the PSA Entities hold or acquire any ownership right, as applicable, or title in or to the Project Assets. Subject to the last paragraph of Section 7.3, Banro and the Seller shall maintain, or cause to be maintained, the Properties in good standing and, in all material respects, all Approvals related thereto, including without limitation taking all actions necessary, and making such expenditures and investments as are required, to keep its mineral claims, mineral leases, mineral and exploration licenses and other mining rights in good standing. Without limiting the generality of the foregoing, Banro and the Seller shall apply for and obtain any and all available renewals and extensions of the its mineral claims, mineral leases, mineral and exploration licenses and other mining rights and Approvals in respect of the Properties. Notwithstanding the foregoing, this Section 7.1 shall not restrict any leased personal property (provided that the lessee is the Seller) or personal property that is equipment that is obsolete or no longer in use under the Operating Plan.
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Owner of Project Assets. Subject to Section 7.3, 7.7, and except as provided in Section 7.8, Parent Company and the Supplier shall cause the Owner to be the only legal and beneficial owner of the Project Assets, and Parent Company and the Supplier shall ensure that no person other than the Owner holds or acquires any ownership right, title or interest in or to the Project Assets. Subject to the last paragraph of Section 7.7 , Parent Company and the Supplier shall cause the Owner to maintain the Mining Properties in good standing and, in all material respects, all Approvals related thereto. Notwithstanding the foregoing, this Section 7.5 shall not restrict any leased personal property (provided that the lessee is the Owner) or personal property that is equipment that is obsolete or no longer in use under the mine plan.
Sample 1
Owner of Project Assets. Subject to Sections 7.2 and 8.3, Seller shall not Transfer, or grant, permit to exist or assume an Encumbrance in, its JV Interest or any right, interest or obligation under this Agreement, any other Transaction Document or any Material Agreement (collectively, the “Seller Material Assets”).
Sample 1
Owner of Project Assets. Subject to Sections 6.2, 6.3 and 7.3 and except as provided in Section 8.2, Teranga and its subsidiaries shall be the only legal and beneficial owners of the Project Assets, and Teranga and the Supplier shall ensure that no person other than Teranga and its subsidiaries (other than SGML (Capital) Limited which may only hold Project Assets as set out in Section 6.4) hold or acquire any ownership right, as applicable, or title in or to the Project Assets. Subject to the last paragraph of Section 7.3, Teranga shall maintain, or cause to be maintained, the Properties in good standing and, in all material respects, all Approvals related thereto, including without limitation taking all actions necessary, and making such expenditures and investments as are required, to keep its mineral claims, mineral leases, mineral and exploration licenses and other mining rights in good standing. More specifically, Teranga and its subsidiaries shall use all commercially reasonable efforts to fulfill the exploration expenditure commitments, or alternatively receive consents from the applicable Governmental Authorities, required to maintain the maximum validity periods for the Heremakono, Sounkounkou and Branson exploration permits, as described in Schedule B to this Agreement. Notwithstanding the foregoing, this Section 7.1 shall not restrict any leased personal property (provided that the lessee is the Supplier) or personal property that is equipment that is obsolete or no longer in use under the Operating Plan.
Sample 1
Owner of Project Assets. (a) Subject to Sections 6.3 and 6.7 and except as provided in Sections 6.5(b) and 6.8, the Supplier and its subsidiaries that are Hudbay PMPA Entities shall be the only legal and beneficial owners of the Project Assets, and Parent Company and the Supplier shall ensure that no person other than the Supplier and its subsidiaries hold or acquire any ownership right, as applicable, or title in or to the Project Assets. Subject to the last paragraph of Section 6.7, the Supplier shall maintain, or cause to be maintained, the Mining Properties in good standing and, in all material respects, all Approvals related thereto. Notwithstanding the foregoing, this Section 6.5 shall not restrict any leased personal property (provided that the lessee is the Supplier or any of its subsidiaries) or personal property that is equipment that is obsolete or no longer in use under the mine plan.
Sample 1

Related to Owner of Project Assets

  • CONSTRUCTION AND IMPROVEMENTS Concessionaire shall not affix, alter, or erect any permanent or temporary equipment, structures, buildings, or additions to the Concession Premises without first obtaining the prior written approval of Department.

  • Property Inspections The Servicer shall conduct property inspections in accordance with the milestones of the repair and rehabilitation plan for such Mortgaged Property and prepare Property Inspection Reports on any Mortgaged Property involving property damage over $15,000. The Servicer shall furnish a copy of the repair and rehabilitation plan for such Mortgaged Property to the Master Servicer upon request.

  • Title to Properties; Possession Under Leases (a) Such Borrower and each of its Subsidiaries have good and marketable title to, or valid leasehold interests in, all its material properties and assets, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes.

  • ACCESS TO PLANTS AND PROPERTIES Seller shall comply with all the rules and regulations established by Buyer for access to and activities in and around premises controlled by Buyer or Buyer’s customer.

  • Access to Project Site Redeveloper shall permit the representatives of the City to enter Project Site at any and all reasonable times, as the City may deem necessary for the purposes of this Redevelopment Agreement, including but not limited to work and inspection of all work being performed in connection with the construction of the Redeveloper Improvements. Similarly, the City shall permit Redeveloper such entry upon the public rights of way for such purposes. No compensation shall be payable nor shall any charges be made in any form by any party for the access or inspection provided for in this Section. The City’s right of access granted under this Section shall terminate upon issuance by the City of the Redeveloper’s Certificate of Completion of Redeveloper Improvements. Notwithstanding the above, Redeveloper shall not be relieved of the provisions contained in Chapter 14.29 of the Lincoln Municipal Code regarding the use of streets for private construction purposes.

  • Project Site The “Project Site” is the place where the Work is being carried on.

  • Title to Properties; Leases Except as indicated on Schedule 7.3 hereto, the Borrower and its Subsidiaries own all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business since that date), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

  • Access to Property Borrower shall permit agents, representatives and employees of Lender to inspect the Property or any part thereof at reasonable hours upon reasonable advance notice.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • The Property The Landlord agrees to lease the described property below to the Tenant: (enter the property information)

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