Employment of Undocumented Workers. During the term of this Agreement Owner agrees not to knowingly employ any undocumented workers and if convicted of a violation under 8 U.S.C. Section 1324a (f), such Owner shall repay the amount of the abated taxes pursuant to this Agreement as of the date of such violation within one hundred twenty (120) days after the date such Owner is notified by City of such violation, plus interest at the rate of four percent (4%) compounded annually from the date of violation until paid. Owner is not liable for a violation of this section by a subsidiary, affiliate, tenant or franchisee of the Owner or by a person with whom such Owner contracts.
Appears in 3 contracts
Samples: Tax Abatement Agreement, Tax Abatement Agreement, Tax Abatement Agreement
Employment of Undocumented Workers. During the term of this Agreement Agreement, Owner agrees not to knowingly employ any undocumented workers and if convicted of a violation under 8 U.S.C. Section 1324a (f), such Owner shall repay the amount of any Reimbursement Payment or other funds received by Owner from City from the abated taxes pursuant to date of this Agreement as of to the date of such violation within one hundred twenty (120) 120 days after the date such Owner Developer is notified by City of such violation, plus interest at the rate of four percent (4%) % compounded annually from the date of violation until paid. Owner is not liable for a violation of this section by a subsidiary, affiliate, tenant or franchisee of the Owner or by a person with whom such Owner contracts.
Appears in 1 contract
Samples: Construction Agreement
Employment of Undocumented Workers. During the term of this Agreement Agreement, the Owner agrees not to knowingly employ any undocumented workers and and, if convicted of a violation under 8 U.S.C. Section 1324a (f), such the Owner shall repay the amount of taxes abated herein, and any other funds received by the abated taxes pursuant to this Agreement Owner from the County as of the date of such violation within one hundred twenty (120) 120 days after the date such the Owner is notified by City the County of such violation, plus interest at the rate of four percent (4%) compounded annually from the date of violation until paid. Owner is not liable for a violation of this section by a subsidiary, affiliate, tenant or franchisee of the Owner or by a person with whom such Owner contracts.
Appears in 1 contract
Samples: Tax Abatement Agreement