Inducement. The County and the Company acknowledge that pursuant to the Act, upon execution of this Fee Agreement, no part of the Project will be subject to ad valorem property taxation in the State, and that this factor, among others, has induced the Company to enter into this Fee Agreement.
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Samples: Fee in Lieu of Ad Valorem Taxes and Special Source Revenue Credit Agreement, Fee Agreement, Fee Agreement
Inducement. The County and the Company acknowledge that pursuant to the Act, upon execution of this Fee Agreement, Agreement no part of the Project will be subject to ad valorem property taxation in the State, and that this factor, among others, has induced the Company to enter into this Fee Agreement.
Appears in 1 contract
Samples: Fee Agreement
Inducement. The County and the Company acknowledge that pursuant to the Act, upon execution of this Fee Agreement, no part of the Project will be subject to ad valorem property taxation in the State, and that this factor, among others, has induced the Company and any Sponsor Affiliates to enter into or be bound by this Fee Agreement.
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