Common use of Asset Contribution Clause in Contracts

Asset Contribution. The Company will invest the sum of $2,200,000 in assets. This sum will be reflected in the new real property tax assessment value for Multnomah County. The PDC and the Company agree that the Net Tax Effect of the project is estimated at $121,294.

Appears in 1 contract

Samples: Tax Abatement Contract

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Asset Contribution. The Company will invest the sum of $2,200,000 7,809,000 in assets. This sum will be reflected in the new real property tax assessment value for Multnomah County. The PDC and the Company agree that the Net Tax Effect of the project is estimated at $121,294445,333.

Appears in 1 contract

Samples: Tax Abatement Contract

Asset Contribution. The Company will invest the sum of $2,200,000 770,000 in assets. This sum will be reflected in the new real property tax assessment value for Multnomah County. The PDC and the Company agree that the Net Tax Effect of the project is estimated at $121,29435,715.

Appears in 1 contract

Samples: Enterprise Zone Tax Abatement Contract

Asset Contribution. The Company will invest the sum of $2,200,000 4,000,000 in assets. This sum will be reflected in the new real property tax assessment value for Multnomah County. The PDC and the Company agree that the Net Tax Effect of the project is estimated at $121,294206,158.

Appears in 1 contract

Samples: Tax Abatement Contract

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Asset Contribution. The Company will invest the sum of $2,200,000 1,833,906 in assets. This sum will be reflected in the new real property tax assessment value for Multnomah County. The PDC and the Company agree that the Net Tax Effect of the project is estimated at $121,29489,107.

Appears in 1 contract

Samples: Tax Abatement Contract

Asset Contribution. The Company will invest the sum of $2,200,000 1,090,000 in assets. This sum will be reflected in the new real property tax assessment value for Multnomah County. The PDC and the Company agree that the Net Tax Effect of the project is estimated at $121,29460,871.

Appears in 1 contract

Samples: Tax Abatement Contract

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