Ownership of Facilities. The Grantee shall assume all liabilities arising from the ownership and operation of the Project. Grantee will not sell, transfer, encumber, or dispose of any of its interest in the facilities constructed with this grant funding during the economic life of the project without prior written approval of the Authority.
Appears in 4 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement
Ownership of Facilities. The Grantee shall assume all liabilities arising from the ownership and operation of the Project. Grantee will not sell, transfer, encumber, or dispose of any of its interest in the facilities constructed with this grant funding during the economic life of the project Project without prior written approval of the Authority.
Appears in 3 contracts
Samples: Authority Grant Agreement, Grant Agreement, Grant Agreement
