Common use of LIMITATION ON APPRAISED VALUE Clause in Contracts

LIMITATION ON APPRAISED VALUE. So long as Applicant makes a Qualified Investment in the amount Thirty Million Dollars ($30,000,000.00), or greater, during the Qualifying Time Period; and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as Applicant makes a Qualified Investment in the amount Thirty Million Dollars ($30,000,000.00), or greater, during the Qualifying Time Period; and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 2021 and 20232022, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as the Applicant makes a Qualified Investment in the amount Thirty Million Dollars ($30,000,000.00), or greater, during the Qualifying Time Period; and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2016, 2017, 2018, 2019, 2020, 2021, 2022 2022, 2023 and 20232024, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as the Applicant makes a Qualified Investment in the amount of Thirty Million million Dollars ($30,000,000.00), or greater, during the Qualifying Time Period; , and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2016, 2017, 2018, 2019, 2020, 2021, 2022 2022, and 2023, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as the Applicant makes a Qualified Investment in the amount Thirty of Twenty Million Dollars ($30,000,000.0020,000,000.00), or greater, during the Qualifying Time Period; and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2016, 2017, 2018, 2019, 2020, 2021, 2022 2022, and 2023, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as the Applicant makes a Qualified Investment in the amount of Thirty Million Dollars ($30,000,000.00), or greater, during the Qualifying Time Period; , and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2016, 2017, Years: 2018, 2019, 2020, 2021, 2022 2022, 2023, 2024, and 20232025, the Appraised Value of the Applicant’s Qualified Investment Property for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as the Applicant makes a Qualified Investment in the amount Thirty of Eighty Million Dollars ($30,000,000.0080,000,000.00), or greater, during the Qualifying Time Period; and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 20232022, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as the Applicant makes a Qualified Investment in the amount Thirty of Eighty Million Dollars ($30,000,000.0080,000,000.00), or greater, during the Qualifying Time Period; and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2016, 2017, 2018, 2019, 2020, 2021, 2022 2022, 2023, and 20232024, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of:

LIMITATION ON APPRAISED VALUE. So long as the Applicant makes a Qualified Investment in the amount Thirty of Eighty Million Dollars ($30,000,000.0080,000,000.00), or greater, during the Qualifying Time Period; , and unless this Agreement has been terminated as provided herein before such Tax Year, for each of the eight (8) Tax Years 2016, 2017, 2018, 2019, 2020, 2021, 2022 2022, and 2023, the Appraised Value of the Applicant’s Qualified Investment for the District’s maintenance and operations ad valorem tax purposes shall not exceed the lesser of: