Election to Remove. In the event the Sponsor elects not to terminate this Fee Agreement pursuant to subsection (a) and elect not to rebuild pursuant to subsection (b), the damaged portions of the Project shall be treated as Removed Components.
Appears in 5 contracts
Samples: Valorem Taxes Agreement, Valorem Taxes Agreement, Valorem Taxes Agreement
Election to Remove. In the event the Sponsor elects not to terminate this Fee Agreement pursuant to subsection (a) and elect elects not to rebuild pursuant to subsection (b), the damaged portions of the Project shall be treated as Removed Components.
Appears in 3 contracts
Samples: Incentive Agreement, Taxes and Incentive Agreement, Taxes and Incentive Agreement
Election to Remove. In the event the Sponsor elects and the Sponsor Affiliate elect not to terminate this Fee Agreement pursuant to subsection (a) and elect not to rebuild pursuant to subsection (b), the damaged portions of the Project shall be treated as Removed Components.
Appears in 1 contract
Samples: Valorem Taxes Agreement