Effects of non-compliance. Owner acknowledges that the Director and the Nevada Department of Taxation have the right and authority to investigate and audit Owner’s compliance with the terms of this Agreement. Owner further acknowledges that pursuant to applicable laws and regulations if the Director determines that the terms and conditions of this Agreement have been violated, the Director may provide Owner notice of the determination and allow Owner an opportunity to be heard regarding the determination. After providing Owner with notice and an opportunity to be heard, if the Director concludes that the terms and conditions of this Agreement have not been complied with, the Director may enter an order suspending the tax abatements and requiring Owner to remediate the failure of compliance, and if Owner does not do so, the Director may revoke the tax abatements and/or further require that the Owner repay taxes abated, fees, costs, and attorney’s fees as are just, appropriate, and necessary under the circumstances.
Appears in 11 contracts
Samples: Abatement Agreement, Abatement Agreement, Abatement Agreement
