Fiscal Mitigation Payment Sample Clauses

Fiscal Mitigation Payment. 18.1. Owner acknowledges that the EIS fiscal analysis was premised upon, among other things, payment of property taxes assessed against the Property prior to and subsequent to the development provided for by the PCI Plan and this Agreement. Therefore, Owner covenants, agrees and warrants, for itself, it successors and assigns, that it will either: (a) pay real property tax on the Property (or any subdivided portion thereof) at the same rate and in the same amounts that would be assessed against similarly-situated and similarly-developed property within the City of Snoqualmie, or (b) in the event that Owner applies for any exemption from the real property tax that would otherwise be assessed against or lawfully due from the Property (or any subdivided portion thereof), Owner will do so only under the following conditions:
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Fiscal Mitigation Payment 
Sample 1

Related to Fiscal Mitigation Payment

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Termination Payments In the event of termination of the Executive’s employment during the Employment Period, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this Section 8.

  • Compensation & Payment 8.4.1. Should the claim be found proven; settlement is executed only in the form of compensation payment added to the Client trade account.

  • Exception Payments Tax payments and court ordered payments may be scheduled through the Service; however, such payments are discouraged and are scheduled at your own risk. In no event shall this Financial Institution or its Service Provider(s) be liable for any claims or damages resulting from your scheduling of these types of payments. The Bill Payment Service Guarantee as it applies to any late payment related charges is void when these types of payments are scheduled and/or processed by the Service. Research of exception payments shall be limited to proof of payment and/or unauthorized payments only. All other research and resolution for any misapplied, mis-posted or misdirected exception payments will be your sole responsibility.

  • Notice of Payment of Termination Payment As soon as practicable after a liquidation, Notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to the Non-Defaulting Party. The Notice shall include a written statement explaining in reasonable detail the calculation of such amount and the sources for such calculation. The Termination Payment shall be made to the Non-Defaulting Party, as applicable, within ten (10) Business Days after such Notice is effective.

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