SOCCER COMPLEX Sample Clauses

SOCCER COMPLEX. The parties understand that because the Complex was financed with proceeds of governmental tax-exempt bonds of the City, the City is unable to enter into long-term agreements with any private party for the use of the soccer fields, and that the City cannot make any binding commitments concerning Tenant’s use of the soccer fields.
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SOCCER COMPLEX. The parties understand that because the Complex was financed with proceeds of governmental tax-exempt bonds of the City, the City is unable to enter into long-term agreements with any private party for the use of the soccer fields, and that the City cannot make any binding commitments concerning Tenant’s use of the soccer fields. The City does, however, acknowledge that it is expected that the youths served by Tenant will be public users of the soccer fields, pursuant to short-term use agreements meeting the restrictions of the Code applicable to the bonds, and that Tenant will be a significant part of the future operation and success of the Complex.
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