Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was purchased by the Redeveloper’s Lender.
Appears in 7 contracts
Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Redeveloper Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was purchased by the Redeveloper’s Lenderlender.
Appears in 7 contracts
Samples: Easement Agreement, Streetscape Maintenance Agreement, Nebraska Redevelopment Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the Redeveloper Private Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, Purchaser or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was Bonds were purchased by the Redeveloper’s Lenderlender.
Appears in 4 contracts
Samples: Disbursement Agreement, Disbursement Agreement, Disbursement Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was Bonds were purchased by the Redeveloper’s Lenderlender.
Appears in 2 contracts
Samples: Façade Easement Agreement, Façade Easement Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was purchased by the Redeveloper’s Lenderlender.
Appears in 2 contracts
Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements New Building as provided in A and/or B Section 604.A above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or Redeveloper shall pay to the City the necessary amount of for the City to retire the TIF Indebtedness Bond in full (full, including interest) if the TIF Bond was purchased by the Redeveloper’s Lender.
Appears in 1 contract
Samples: Façade Easement Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, Purchaser or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was Bonds were purchased by the Redeveloper’s Lenderlender.
Appears in 1 contract
Samples: Façade Easement Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the its Private Improvements as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was purchased by the Redeveloper’s LenderLender or an Investor.
Appears in 1 contract
Samples: Redevelopment Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the applicable Private Improvements as provided in Subsection 509. A and/or B above, Redeveloper shall either forgive any applicable remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the applicable TIF Indebtedness in full (including interest) if the TIF Bond was purchased by the Redeveloper’s Lenderlender or an Investor.
Appears in 1 contract
Samples: Redevelopment Agreement
Failure to Restore. In the event Redeveloper fails for any reason to restore the Private Improvements New Building as provided in A and/or B above, Redeveloper shall either forgive any remaining TIF Indebtedness and interest thereon if the Redeveloper was the TIF Bond Purchaser, or pay to the City the necessary amount of to retire the TIF Indebtedness in full (including interest) if the TIF Bond was Bonds were purchased by the Redeveloper’s Lenderlender.
Appears in 1 contract
Samples: Redevelopment Agreement