Common use of Limitations on Tax Increment Revenue Clause in Contracts

Limitations on Tax Increment Revenue. Nothing contained in this Agreement shall be construed to establish any liability on the part of the City, DDA, or ELBRA to reimburse the Developer for any costs or expenses for Building A and Building D, except to the extent that such costs and expenses are eligible expenses under one or more tax increment financing plans approved by the City, DDA, or ELBRA, and sufficient taxes are actually captured by the DDA or ELBRA to pay for such costs and expenses. The City, DDA, and ELBRA are responsible for reimbursement of eligible activities under any tax increment financing plans only to the extent that sufficient tax increment revenue is actually generated.

Limitations on Tax Increment Revenue. Nothing contained in this Agreement shall be construed to establish any liability on the part of the City, DDA, DDA or ELBRA to reimburse the Developer for any costs or expenses for Building A and Building Dexpenses, except to the extent that such costs and expenses are eligible expenses under one or more tax increment financing plans approved by the City, DDA, DDA or ELBRA, and sufficient taxes are actually captured by the DDA or ELBRA to pay for such costs and expenses. The City, DDA, DDA and ELBRA are responsible for reimbursement of eligible activities under any tax increment financing plans only to the extent that sufficient tax increment revenue is actually generated.

Limitations on Tax Increment Revenue. Nothing contained in this Agreement shall be construed to establish any liability on the part of the City, DDA, DDA or ELBRA to reimburse the Developer for any costs or expenses for Building A and Building DC, except to the extent that such costs and expenses are eligible expenses under one or more tax increment financing plans approved by the City, DDA, DDA or ELBRA, and sufficient taxes are actually captured by the DDA or ELBRA to pay for such costs and expenses. The City, DDA, DDA and ELBRA are responsible for reimbursement of eligible activities under any tax increment financing plans only to the extent that sufficient tax increment revenue is actually generated.

Limitations on Tax Increment Revenue. Nothing contained in this Agreement shall be construed to establish any liability on the part of the City, DDA, or ELBRA to reimburse the Developer pay tax increment revenues for any costs or expenses for Building A and Building Dexpenses, except to the extent that such costs and expenses are related to eligible expenses activities under one or more tax increment financing plans approved by the City, DDA, DDA or ELBRA, and sufficient taxes tax increment revenues are actually captured by the DDA or ELBRA to pay for such costs and expenses. The City, DDA, DDA and ELBRA are responsible for reimbursement of eligible activities under any tax increment financing plans only to the extent that sufficient tax increment revenue is actually generated.

Limitations on Tax Increment Revenue. Nothing contained in this Agreement shall be construed to establish any liability on the part of the City, DDA, or ELBRA to reimburse the Developer for any costs or expenses for Building A and Building Dthe Building, except to the extent that such costs and expenses are approved eligible expenses under one or more tax increment financing plans Xxxxxxxxxx Plan #27 as approved by the City, DDA, or ELBRA, and sufficient taxes are actually captured by the DDA or ELBRA to pay for such costs and expenses. The City, DDA, and ELBRA are responsible for reimbursement of eligible activities under any tax increment financing plans only to the extent that sufficient tax increment revenue is actually generated. Developer is responsible for any approved eligible expenses in excess of that amount.

Limitations on Tax Increment Revenue. Nothing contained in this Agreement shall be construed to establish any liability on the part of the City, DDA, or ELBRA to reimburse the Developer for any costs or expenses for Building A and Building Dthe Building, except to the extent that such costs and expenses are eligible expenses under one or more tax increment financing plans approved by the City, DDA, or ELBRA, and sufficient taxes are actually captured by the DDA or ELBRA to pay for such costs and expenses. The City, DDA, and ELBRA are responsible for reimbursement of eligible activities under any tax increment financing plans only to the extent that sufficient tax increment revenue is actually generated.