2630
LAWS OF MARYLAND
Ch. 498
TITLE, OR INTEREST OF A THE A PROJECT AND THE AMOUNT TO BE
PAID TO DISCHARGE ALL OBLIGATIONS NECESSARY OR DESIRABLE TO VEST
TITLE TO THE PROJECT OR ANY PART OF IT IN THE CORPORATION OR
OTHER OWNER; THE COST OF ANY RECONSTRUCTION, EXTENSION,
ENLARGEMENT, ALTERATION, REPAIR, OR IMPROVEMENT; THE COST OF ALL
LANDS, PROPERTIES, RIGHTS, EASEMENTS, FRANCHISES, AND PERMITS;
THE COST OF ALL LABOR, MACHINERY, AND EQUIPMENT; FINANCING
CHARGES; INTEREST BEFORE AND DURING CONSTRUCTION AND, IF DEEMED
DESIRABLE BY THE CORPORATION, FOR A LIMITED PERIOD AFTER THE
COMPLETION OF CONSTRUCTION; RESERVES FOR PRINCIPAL AND INTEREST
AND FOR EXTENSIONS, ENLARGEMENTS, ADDITIONS, AND IMPROVEMENTS;
THE COST OF REVENUE ESTIMATES, ENGINEERING, AND LEGAL SERVICES,
PLANS, DESIGNS, SPECIFICATIONS, SURVEYS, INVESTIGATIONS,
DEMONSTRATIONS, STUDIES, ESTIMATES OF COST, OTHER EXPENSES
NECESSARY OR INCIDENT TO DETERMINING THE FEASIBILITY OR
PRACTICABILITY OF ANY SUCH ACQUISITION, IMPROVEMENT, REPAIR, OR
CONSTRUCTION; ADMINISTRATIVE EXPENSES, AND OTHER EXPENSES AS
NECESSARY OR INCIDENT TO PROJECT FINANCINGS, AND TO THE
ACQUISITION, OPERATION, MAINTENANCE, IMPROVEMENT, AND
CONSTRUCTION OF A THE A PROJECT AND THE PLACING OF THE SAME
IN OPERATION BY THE CORPORATION OR OTHER OWNER, INCLUDING
REASONABLE PROVISION FOR WORKING CAPITAL.
(E) "INCLUDES OR INCLUDING" MEANS INCLUDES OR INCLUDING BY
WAY OF ILLUSTRATION AND NOT BY WAY OF LIMITATION.
(F) "PERSON" MEANS ANY NATURAL PERSON, CORPORATION, FIRM,
PARTNERSHIP, COOPERATIVE, POLITICAL SUBDIVISION, OR OTHER ENTITY.
(G) "POLITICAL SUBDIVISION" MEANS ANY COUNTY, MUNICIPAL
CORPORATION, STATE OR LOCAL AGENCY, OR OTHER PUBLIC BODY OR
AGENCY CREATED OR ESTABLISHED UNDER STATE OR LOCAL LAW.
(H) "PROJECT" MEANS THE FACILITIES AND PROPERTIES USED OR
USEFUL IN CONNECTION WITH MANUFACTURING, RETAIL TRADE, SERVICE
INDUSTRIES, SUPPLY WHOLESALING, WAREHOUSING, OR ANY OTHER
INDUSTRIAL, COMMERCIAL, OR BUSINESS PURPOSES, INCLUDING ANY
COMBINATION OF THESE ACTIVITIES, WHETHER FOR PROFIT OR NOT FOR
PROFIT, AND WHETHER OR NOT ANY FACILITIES ARE LOCATED ON A SINGLE
SITE ESTABLISHMENT OF ECONOMIC ACTIVITY ON CERTAIN REAL PROPERTY
KNOWN AS THE "FAIRCHILD INDUSTRIES" CONVEYED TO THE CORPORATION
UNDER SECTION 563 OF THIS SUBTITLE PROPERTIES CONVEYED TO THE
CORPORATION UNDER SECTION 563 OF THIS SUBTITLE AND INCLUDES THOSE
FACILITIES AND PROPERTIES USED OR USEFUL IN CONNECTION WITH
MANUFACTURING, RETAIL, TRADE, SERVICE INDUSTRIES, SUPPLY,
WHOLESALING, WAREHOUSING, OR ANY OTHER INDUSTRIAL, COMMERCIAL, OR
BUSINESS PURPOSES, INCLUDING ANY COMBINATION OF THESE ACTIVITIES,
WHETHER FOR PROFIT OR NOT FOR PROFIT, AND WHETHER OR NOT ANY
FACILITIES ARE LOCATED ON A SINGLE SITE. THE TERM "PROJECT"
INCLUDES LAND, BUILDINGS, STRUCTURES, MACHINERY, EQUIPMENT,
FURNISHINGS, RAIL OR MOTOR VEHICLES, BARGES, BOATS, AND ALL REAL
OR PERSONAL PROPERTIES AND RIGHTS THEREIN AND APPURTENANCES,
RIGHTS-OF-WAY, FRANCHISES, EASEMENTS, AND OTHER INTERESTS IN
LAND, ALL LAND AND FACILITIES WHICH ARE FUNCTIONALLY RELATED AND
SUBORDINATE TO THE PROJECT AND ALL PATENTS, LICENSES, AND OTHER
|
![clear space](../../../images/clear.gif) |