Industrial Development Revenue Bonds Sample Clauses

Industrial Development Revenue Bonds. Prior to the Effective Time, Landmark shall cause the redemption in full of the Industrial Development Revenue Bonds by First
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Industrial Development Revenue Bonds. (Xxxxx X. and Xxxxxx Xxxxxxxx Issue - Series 1997) (the "Bonds") and which are permitted under the terms of the Bond Documents or are consented to by MIFA. If Tenant shall use the Premises in violation of this Section 6.1, Landlord may give Tenant written notice demanding that Tenant terminate such improper use within 30 days thereafter. A failure to timely cease such violation shall be deemed a default in the performance of a provision of this Lease, within the meaning of Section 16.1.2 hereof.
Industrial Development Revenue Bonds. As of the date of this ------------------------------------- Agreement, the outstanding balance including any future payments due under the $2.5 million Arkansas Development Finance Authority Industrial Development Bonds (Standard Motor Products, Inc. Project) Series 1989, is $655,000 plus interest accrued to the Closing Date and the outstanding balance including any future payments due under the $1.8 million Industrial Development Revenue Bonds (Standard Motor Products, Inc. Project) Series 1990, is $685,000 plus accrued interest. SMP is not, and to SMP's Knowledge, no other party thereto is in breach or default under: (i) such $2.5 million bonds or any related agreements including the Promissory Note, Loan Agreement and Mortgage and Security Agreement between SMP and the Arkansas Development Finance Authority or (ii) such $1.8 million bonds or any related agreements including the Lease Agreement dated June 1, 1990 between SMP and the City of Manila. The tax exempt status of the bonds referred to in clauses (i) and (ii) above will not in any way be adversely affected by the Closing.

Related to Industrial Development Revenue Bonds

  • Initial Development Plan Not later than the Effective Date, Licensee shall have provided Merck with an initial Development plan for the Licensed Product in the Field in the Territory, which shall be incorporated as part of this Agreement as Attachment 3.02(a) (as may be amended in accordance with this Agreement, the “Development Plan”). **CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND WILL BE FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST.

  • Clinical Development (a) Stellartech shall design, develop and construct a Clinical Unit for each of the Thermage Disposable Device and the Thermage Generator, and any required component or subassembly thereof and shall deliver such Clinical Units to Thermage in accordance with the Development Program; (b) Stellartech shall deliver to Thermage such other Deliverables as are contemplated by the Development Program in accordance with the Development Program; and (c) as requested by Thermage and automatically at the conclusion of the Development Program, Stellartech, so long as Thermage is not in breach of its material obligation hereunder, shall deliver in writing to Thermage any and all data and information held by or in the control of Stellartech which is necessary or useful to obtain regulatory approval of the Products in the United States or any foreign country.

  • Business Development Company Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Creation and Development Fee If the Prospectus related to a Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust.

  • Status as Business Development Company The Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.

  • Development Agreement That certain Development Agreement dated of even date herewith by and between the Company and Developer providing for the development of the Project on the Property, a copy of which is attached hereto as Exhibit C and incorporated herein by reference. Development Fee. As described in Section 6.8.

  • Joint Development All inventions, know-how, trade secrets, data or information which result from joint development by the Parties hereto shall be jointly owned by the Parties. The Parties hereby agree to cooperate in good faith in the filing of any and all patent applications in all jurisdictions.

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