Common use of CID Reimbursement Clause in Contracts

CID Reimbursement. Subject to Article III of this Agreement, CID Sales Tax shall be used to reimburse the Developer for the Eligible Expenses, as described in Exhibit F, by Pay-As-You-Go CID Financing, and in all events in accordance with the terms of this Agreement. In no event will the reimbursement described hereunder exceed the CID Cap.

Appears in 3 contracts

Samples: Plaza Redevelopment Agreement, Center Redevelopment Agreement, Plaza Redevelopment Agreement

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CID Reimbursement. Subject to Article III of this Agreement, CID Sales Tax shall be used to reimburse the Developer for the Eligible Expensescost of the CID Improvements, as described in Exhibit FA, whether by Pay-the issuance of CID Bonds in accordance with this Agreement or by Pay- As-You-Go CID Financing, and in all events in accordance with the terms of this Agreement. In no event will the reimbursement described hereunder exceed the maximum authority set out in the definition of “Eligible Expenses” and as approved by the CID CapOrdinance and any changes must be approved by City.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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CID Reimbursement. Subject to Article III of this Agreement, CID Sales Tax shall be used to reimburse the Developer for the Eligible Expenses, as described in Exhibit FG, by Pay-As-You-Go CID Financing, and in all events in accordance with the terms of this Agreement. In no event will the reimbursement described hereunder exceed the CID Cap.

Appears in 1 contract

Samples: Commons Redevelopment Agreement

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