Common use of Compliance Report Clause in Contracts

Compliance Report. The Developer agrees to file a written Annual Report (“Annual Report”) with the FDC for each of the fiscal years ending during the term of this Agreement (the “Reporting Year”). 7.1. The written Annual Report shall include the following: 7.1.1. The amount the Developer has expended to date on the Project. 7.1.2. The assessed value increase generated by the Project. 7.1.3. The real property taxes and assessments paid and attributable to the Property in the Reporting Year, along with a copy of the tax bill. 7.1.4. A list of the Tenants occupying the Property, the total rentable square footage within the Property, and the percentage of the rentable square footage that was leased during the Reporting Year. 7.1.5. To the extent reasonably obtainable, the number of full-time equivalent employees employed on the Property on the Effective Date of this Agreement, the number of full-time equivalent employees employed on the Property at the end of the Reporting Year, and the difference between those numbers. 7.1.6. To the extent reasonably obtainable, the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property on the Effective Date of this Agreement and the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property at the end of the Reporting Year. 7.1.7. Whether any portion of the business operations has closed or been transferred to a location outside of Franklin, Indiana. 7.1.8. The general status of and future expectations for the Project. 7.1.9. A certification of the accuracy of the information provided, to be signed by the highest executive officer of the Developer as follows: “I hereby certify, subject to the penalties for perjury, that, after due inquiry, I have personal knowledge of the subject matter covered by this Annual Report and that the representations in this Annual Report are to my knowledge true in all material respects.”

Compliance Report. The Developer agrees to file a written Annual Report (“Annual Report”) with the FDC for each of the fiscal years ending during the term of this Agreement (the “Reporting Year”). 7.1. The written Annual Report shall include the following: 7.1.1. The amount the Developer has expended to date on the Project. 7.1.2. The assessed value increase generated by the Project. 7.1.3. The real property taxes and assessments paid and attributable to the Property in the Reporting Year, along with a copy of the tax bill▇▇▇▇. 7.1.4. A list of the Tenants occupying the Property, the total rentable square footage within the Property, and the percentage of the rentable square footage that was leased during the Reporting Year. 7.1.5. To the extent reasonably obtainable, the number of full-time equivalent employees employed on the Property on the Effective Date of this Agreement, the number of full-time equivalent employees employed on the Property at the end of the Reporting Year, and the difference between those numbers. 7.1.6. To the extent reasonably obtainable, the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property on the Effective Date of this Agreement and the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property at the end of the Reporting Year. 7.1.7. Whether any portion of the business operations has closed or been transferred to a location outside of Franklin, Indiana. 7.1.8. The general status of and future expectations for the Project. 7.1.9. A certification of the accuracy of the information provided, to be signed by the highest executive officer of the Developer as follows: “I hereby certify, subject to the penalties for perjury, that, after due inquiry, I have personal knowledge of the subject matter covered by this Annual Report and that the representations in this Annual Report are to my knowledge true in all material respects.”

Compliance Report. The Developer agrees to file a written Annual Report (“Annual Report”) with the FDC RDC for each of the fiscal years ending during the term of this Agreement (the “Reporting Year”). 7.15.1. The written Annual Report shall include the following: 7.1.15.1.1. The amount the Developer has expended to date on the Project. 7.1.25.1.2. The estimated assessed value increase generated by the Project. 7.1.35.1.3. The real property taxes and assessments paid and attributable to the Property in the Reporting Year, along with a copy of the tax bill▇▇▇▇. 7.1.45.1.4. A list of the Tenants tenants occupying the Property, the total rentable square footage within the Property, and the percentage of the rentable square footage that was leased during the Reporting Year. 7.1.55.1.5. To the extent reasonably obtainable, the number of full-time equivalent employees employed on the Property on the Effective Date of this Agreement, the number of full-time equivalent employees employed on the Property at the end of the Reporting Year, and the difference between those numbers. 7.1.65.1.6. To the extent reasonably obtainable, the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property on the Effective Date of this Agreement and the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property at the end of the Reporting Year. 7.1.75.1.7. Whether any portion of the business operations has closed or been transferred to a location outside of Franklin, Indiana. 7.1.85.1.8. The general status of and future expectations for the Project. 7.1.95.1.9. A certification of the accuracy of the information provided, to be signed by the highest executive officer of the Developer as follows: “I hereby certify, subject to the penalties for perjury, that, after due inquiry, I have personal knowledge of the subject matter covered by this Annual Report and that the representations in this Annual Report are to my actual knowledge true in all material respects.”

Compliance Report. The Developer agrees to file a written Annual Report (“Annual Report”) with the FDC for each of the fiscal years ending during the term of this Agreement (the “Reporting Year”). 7.1. The written Annual Report shall include the following: 7.1.1. The amount the Developer has expended to date on the Project. 7.1.2. The assessed value increase generated by the Project. 7.1.3. The real property taxes and assessments paid and attributable to the Property in the Reporting Year, along with a copy of the tax bill▇▇▇▇. 7.1.4. A list of the Tenants occupying the Property, the total rentable square footage within the Property, and the percentage of the rentable square footage that was leased during the Reporting Year. 7.1.5. To the extent reasonably obtainable, the number of full-time equivalent employees employed on the Property on the Effective Date of this Agreement, the number of full-time equivalent employees employed on the Property at the end of the Reporting Year, and the difference between those numbers. 7.1.6. To the extent reasonably obtainable, the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property on the Effective Date of this Agreement and the average hourly wage (with salaried positions converted to hourly wage) of the employees employed on the Property at the end of the Reporting Year. 7.1.7. Whether any portion of the restaurant business operations has closed or been transferred to a location outside of Franklin, Indiana. 7.1.8. The general status of and future expectations for the Project. 7.1.9. A certification of the accuracy of the information provided, to be signed by the highest executive officer of the Developer as follows: “I hereby certify, subject to the penalties for perjury, that, after due inquiry, I have personal knowledge of the subject matter covered by this Annual Report and that the representations in this Annual Report are to my knowledge true in all material respects.”