Imposition of Assess ment Sample Clauses

Imposition of Assess ment. In consideration for the financing advanced or to be advanced to Property Owner by Lender for the Pr oject under the PACE Xx xxxxx pursuant to the PACE Lender Contract, Property Owner hereby requests and agrees to the im position by Brazos County of t he Assessment on the Prope rty in the total amount of $ , together with all contractual interest provide d in the contract between Property Owner and Lender according to the Financin g Documents attached hereto as Exhibit B, whic h set out the amount financed, repayment installments, and amortization schedule for such Assessm ent. Property Owner promises and agrees to pay such amount and in terest to the order of Brazos County, in care of Lender, in sa tisfaction of the Assessm ent imposed pursuant to this Contract and the PACE Act. Accordingly, Brazos County hereby imposes the Assessment on the Property to secure the paym ent of such amount, in accordance with th e requirements of the PACE Program and the provisions of the PACE Act.
AutoNDA by SimpleDocs

Related to Imposition of Assess ment

  • Review of assessment The assessment of the applicable percentage should be subject to annual review or earlier on the basis of a reasonable request for such a review. The process of review shall be in accordance with the procedures for assessing capacity under the Supported Wage System.

  • REVERSION OF ASSETS (a) Upon expiration of the term of this Agreement, or upon any prior termination, Subrecipient shall transfer to City any funds provided hereunder which are on hand at the time of expiration or termination.

  • Liquidation of Assets We have the right to liquidate assets in your Xxxx XXX if necessary to make distributions or to pay fees, expenses, taxes, penalties, or surrender charges properly chargeable against your Xxxx XXX. If you fail to direct us as to which assets to liquidate, we will decide, in our complete and sole discretion, and you agree to not hold us liable for any adverse consequences that result from our decision.

  • Distribution of Assets In case the Company shall declare or make any distribution of its assets (including cash) to holders of Common Stock as a partial liquidating dividend, by way of return of capital or otherwise, then, after the date of record for determining shareholders entitled to such distribution, but prior to the date of distribution, the holder of this Warrant shall be entitled upon exercise of this Warrant for the purchase of any or all of the shares of Common Stock subject hereto, to receive the amount of such assets which would have been payable to the holder had such holder been the holder of such shares of Common Stock on the record date for the determination of shareholders entitled to such distribution.

  • Use and Reversion of Assets The use and disposition of real property and equipment under this Agreement shall be in compliance with the requirements of 24 CFR Part 84 and 24 CFR 570.502, 570.503, and 570.504, as applicable, which include but are not limited to the following:

  • Disposition of Assets To sell, exchange, lend, pledge, mortgage, hypothecate, write options on and lease any or all of the assets of the Trust;

  • Duration of Assistance Program funds will be distributed as a one-time payment to the servicer.

  • Self-Assessment (a) Subject to clause 4.4(b), for Services that are Self-Assessable:

  • Disposal of Assets 88) Where the Academy Trust acquires assets for a nil consideration or at an under value it shall be treated for the purpose of this Agreement as having incurred expenditure equal to the market value of those assets at the time that they were acquired. This provision shall not apply to assets transferred to the Academy Trust at nil or nominal consideration and which were previously used for the purposes of an Academy and/or were transferred from an LA, the value of which assets shall be disregarded.

  • Recognition of Association 16 X. Xxxxxxxx to and in accordance with all the applicable provisions of Act 176 of the Public Acts of 1939 and Act 336 of the Public Acts of 1947, as amended, EMU does hereby recognize the Association as the certified exclusive collective bargaining representative for all teaching Faculty employed by Eastern Michigan University, including professors, associate professors, assistant professors, instructors, media service managers*, coach/teachers* and librarians with Faculty rank; and excluding Deans, Directors, Department Heads and other supervisory employees, lecturers, visiting professors, adjunct professors, non-tenure track academic employees, career army personnel in the Department of Military Science, and all other employees. *In accordance with MERC cases #R75J-427 and R76A-1.

Time is Money Join Law Insider Premium to draft better contracts faster.