Common use of City Covenant Clause in Contracts

City Covenant. The City covenants to take all actions necessary to allocate to the Agency, to the extent legally permissible, all Net Available Increment and Housing Increment, based on the Agency’s Statement of Indebtedness.

Appears in 4 contracts

Samples: Attachment H 1, Attachment H 1, Tax Increment Allocation Pledge Agreement

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City Covenant. The City covenants to take all actions necessary to allocate to the Agency, to the extent legally permissible, all Net Available Increment and Housing Increment, based on the Agency’s Statement of IndebtednessIndebtednessROPS.

Appears in 2 contracts

Samples: Tax Increment Allocation Pledge Agreement, Tax Increment Allocation Pledge Agreement

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City Covenant. The City covenants to take all actions necessary to allocate to the Agency, to the extent legally permissible, all Net Available Increment and Housing Increment, based on the Agency’s Statement of IndebtednessROPS.

Appears in 1 contract

Samples: Pledge Agreement

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