USE OF PROJECT FACILITY. Subsequent to the Closing Date, the Company shall be entitled to use the Project Facility in any manner, provided such use causes the Project Facility to qualify or continue to qualify as a "project" under the Act and does not tend, in the reasonable judgment of the Agency, to bring the Project Facility into disrepute as a public project.
USE OF PROJECT FACILITY. Subsequent to the Closing Date, the Lessee shall be entitled to use the Project Facility in any manner not otherwise prohibited by the Leasing Documents, provided that such use (1) causes the Project Facility to qualify or continue to qualify as a "project" under the Act and (2) does not tend, in the reasonable judgment of the Lessor, to bring the Project Facility into disrepute as a public project.
USE OF PROJECT FACILITY. 14 ARTICLE IV ACQUISITION, RECONSTRUCTION, CONSTRUCTION AND INSTALLATION OF PROJECT FACILITY; ISSUANCE OF BONDS; USE OR PROCEEDS SECTION 4.1. ACQUISITION, CONSTRUCTION AND INSTALLATION OF PROJECT FACILITY.........................15 SECTION 4.2. ISSUANCE OF BONDS......................................................................16 SECTION 4.3. APPLICATION OF PROCEEDS OF BONDS.......................................................16 SECTION 4.4. COMPLETION OF PROJECT FACILITY.........................................................18 SECTION 4.5. COMPLETION BY COMPANY..................................................................18 SECTION 4.6. REMEDIES TO BE PURSUED AGAINST CONTRACTORS, SUBCONTRACTORS, MATERIALMEN AND THEIR SURETIES.................................................................................18 ARTICLE V AGREEMENT TO CONVEY PROJECT FACILITY; INSTALLMENT PURCHASE PAYMENTS AND OTHER AMOUNTS PAYABLE SECTION 5.1. AGREEMENT TO CONVEY PROJECT FACILITY...................................................20 SECTION 5.2. CONVEYANCE; INSTRUMENTS................................................................20 SECTION 5.3. INSTALLMENT PURCHASE PAYMENTS AND OTHER AMOUNTS PAYABLE................................20 SECTION 5.4. NATURE OF OBLIGATIONS OF COMPANY HEREUNDER.............................................21 SECTION 5.5. PREPAYMENT OF INSTALLMENT PURCHASE PAYMENTS............................................22 SECTION 5.6. RIGHTS AND OBLIGATIONS OF COMPANY UPON DISCHARGE OF LIEN OF MORTGAGE...................22 SECTION 5.7. GRANT OF SECURITY INTEREST.............................................................22
