Obligations Related to Mortgage Sample Clauses

Obligations Related to Mortgage. The Concessionaire will be provided with the leasehold rights of the project site as per the terms and conditions of the Concession Agreement. For raising finances through debt/equity, the Concessionaire will have the rights to avail project financing and also shall have right to mortgage the built-up area/ constructed area of the project along with movable assets, if any. Maha-Metro upon written request made by the Concessionaire shall provide NOC for availing project financing. However, under no circumstances the Maha-Metro’s land parcel or part thereof shall not be mortgaged by the Concessionaire in any manner whatsoever.
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Obligations Related to Mortgage. The Successful Bidder will be provided with the leasehold rights of the project site as per the terms and conditions of the Concession Agreement. However, it is clarified that the MAHA METRO’s land parcel or part thereof shall not be mortgaged by the Successful Bidder in any manner whatsoever. For raising finances through debt/equity, the Successful Bidder will have the rights to avail project financing and also shall have right to mortgage the built-up area/ constructed area of the project. Maha-Metro upon written request made by the Successful Bidder shall provide NOC for availing project financing.
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Related to Obligations Related to Mortgage

  • Obligations relating to Project Agreements 5.2.1 It is expressly agreed that the Concessionaire shall, at all times, be responsible and liable for all its obligations under this Agreement notwithstanding anything contained in the Project Agreements or any other agreement, and no default under any Project Agreement or agreement shall excuse the Concessionaire from its obligations or liability hereunder.

  • Obligations relating to Change in Ownership 5.3.1 The Concessionaire shall not undertake or permit any Change in Ownership, except with the prior approval of the Authority.

  • Exception to Obligations Neither Party's obligations under this Section shall apply to the extent the infringement is caused by: (i) modification of the facilities or equipment (including software) by the indemnitee; (ii) use by the indemnitee of the facilities or equipment (including software) in combination with equipment or facilities (including software) not provided or authorized by the indemnitor, provided the facilities or equipment (including software) would not be infringing if used alone; (iii) conformance to specifications of the indemnitee which would necessarily result in infringement; or (iv) continued use by the indemnitee of the affected facilities or equipment (including software) after being placed on notice to discontinue use as set forth herein.

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