Common use of INTENT OF PARTIES WITH RESPECT TO SUPPLEMENTAL PAYMENTS Clause in Contracts

INTENT OF PARTIES WITH RESPECT TO SUPPLEMENTAL PAYMENTS. (a) Amounts Exclusive of Indemnity Amounts In addition to undertaking the responsibility for the payment of all of the amounts set forth under Articles IV and V, and as further consideration for the execution of this Agreement by the District, the Applicant shall also be responsible for the supplemental payments set forth in this Article VI, (the “Supplemental Payments”). The Applicant shall not be responsible to the District or to any other person or persons in any form for the payment or transfer of money or any other thing of value in recognition of, anticipation of, or consideration for this Agreement for limitation on appraised value made pursuant to Chapter 313, Texas Tax Code, unless it is explicitly set forth in this Agreement. It is the express intent of the Parties that the Applicant’s obligation to make Supplemental Payments under this Article VI is separate and independent of the obligation of the Applicant to pay the amounts described in Articles IV and V; provided, however, that all payments under Articles IV and V and this Article VI are subject to the limitations contained in Sections 7.1 and 4.10, and that all payments under this Article VI are subject to the separate limitations contained in Sections 6.2 and 6.3.

INTENT OF PARTIES WITH RESPECT TO SUPPLEMENTAL PAYMENTS. (a) Amounts Exclusive In interpreting the provisions of Indemnity Amounts In this Article VI, the Parties agree that, in addition to undertaking the responsibility for the payment of all of the amounts set forth under Articles IV and V, and as further consideration for the execution of this Agreement by the District, the Applicant shall also be responsible for paying Supplemental Payments i n the supplemental payments set forth amount of $ 85 , 000 per year, starting in this Article VI, (the “Supplemental Payments”)first year of the Qualifying Time Period and ending December 31 of the ninth year of the Tax Limitation Period. The Applicant shall not be responsible to the District or to any other person or persons in any form for the payment or transfer of money or any other thing of value in recognition of, anticipation of, or consideration for this Agreement for limitation on appraised value made pursuant to Chapter 313, 313 of the Texas Tax Code, unless it is explicitly set forth in this Agreement. It is the express intent of the Parties that the Applicant’s obligation to make for Supplemental Payments under this Article VI is are separate and independent of the obligation of the Applicant to pay the amounts described in Articles IV and V; provided, however, that all payments under Articles IV IV, V, and V and this Article VI are subject to the such limitations as are contained in Sections 7.1 and 4.10Section 7.1, and that all payments under this Article VI are subject to the separate limitations contained in Sections 6.2 and 6.3.Section 6.2

INTENT OF PARTIES WITH RESPECT TO SUPPLEMENTAL PAYMENTS. (a) Amounts Exclusive of Indemnity Amounts In addition to undertaking the responsibility for the payment of all of the amounts set forth under Articles IV and V, and as further consideration for the execution of this Agreement by the District, the Applicant shall also be responsible for the supplemental payments set forth in this Article VI, (the “Supplemental Payments”). The Applicant shall not be responsible to the District or to any other person or persons in any form for the payment or transfer of money or any other thing of value in recognition of, anticipation of, or consideration for this Agreement for limitation on appraised value made pursuant to Chapter 313, Texas Tax Code, unless it is explicitly set forth in this Agreement. It is the express intent of the Parties that the Applicant’s obligation to make Supplemental Payments under this Article VI is separate and independent of the obligation of the Applicant to pay the amounts described in Articles IV and V; provided, however, that all payments under Articles IV and V and this Article VI are subject to the limitations contained in Sections 7.1 and 4.10Section 7.1, and that all payments under this Article VI IV are subject to the separate limitations contained in Sections 6.2 and 6.3Section 6.2.

INTENT OF PARTIES WITH RESPECT TO SUPPLEMENTAL PAYMENTS. (a) Amounts Exclusive of Indemnity Amounts In addition to undertaking the responsibility for the payment of all of the amounts set forth under Articles IV and VArticle III, and as further consideration for the execution of this Agreement by the District, the Applicant shall also be responsible for the supplemental payments set forth in this Article VIIV, (the “Supplemental Payments”). The Applicant shall not be responsible to the District or to any other person or persons in any form for the payment or transfer of money or any other thing of value in recognition of, anticipation of, or consideration for this Agreement for limitation on appraised value made pursuant to Chapter 313, Texas Tax Code, unless it is explicitly set forth in this Agreement. It is the express intent of the Parties that the Applicant’s obligation to make Supplemental Payments under this Article VI IV is separate and independent of the obligation of the Applicant to pay the amounts described in Articles IV and VArticle III; provided, however, that all payments under Articles III and IV and V and this Article VI are subject to the limitations contained in Sections 7.1 and 4.10Section 5.1, and that all payments under this Article VI IV are subject to the separate limitations contained in Sections 6.2 and 6.3Section 4.2(b).

INTENT OF PARTIES WITH RESPECT TO SUPPLEMENTAL PAYMENTS. (a) Amounts Exclusive of Indemnity Amounts In addition to undertaking the responsibility for the payment of all of the amounts set forth under Articles IV and V, and as further consideration for the execution of this Agreement by the District, the Applicant shall also be responsible for the supplemental payments set forth in this Article VI, VI (the “Supplemental Payments”). The Applicant shall not be responsible to the District or to any other person or persons in any form for the payment or transfer of money or any other thing of value in recognition of, anticipation of, or consideration for this Agreement for limitation on appraised value made pursuant to Chapter 313, Texas Tax Code, unless it is explicitly set forth in this Agreement. It is the express intent of the Parties that the Applicant’s obligation to make Supplemental Payments under this Article VI is separate and independent of the obligation of the Applicant to pay the amounts described in Articles IV and V; provided, however, that all payments under Articles IV and V and this Article VI are subject to the limitations contained in Sections 7.1 and Section 4.10, and that all payments under this Article VI are subject to the separate limitations contained in Sections 6.2 and 6.3.