SEQRA. The School District certifies with respect to the Project that it has complied, and agrees to continue to comply, with all requirements of the State Environmental Quality Review Act. No Warranty Regarding Condition, Suitability or Cost of Project. The Authority makes no warranty, either express or implied, as to the Project or its condition or that it will be suitable for the School District’s purposes or needs, or that the proceeds of the Loan will be sufficient to pay the costs of the Project. Nothing in this Financing Agreement shall relieve the School District of its responsibility to properly plan, design, build and effectively operate and maintain the Project as required by laws, regulations, permits and good management practices. The School District acknowledges and agrees that the Authority or its representatives are not responsible for increased costs resulting from defects in the plans, design drawings and specifications or other Project documents. Nothing in this section prohibits the School District from requiring more assurances, guarantees, or indemnity or other contractual requirements from any party performing Project work.
Appears in 6 contracts
Samples: Financing Agreement, Financing Agreement, Financing Agreement
