Common use of Limited Reimbursement Clause in Contracts

Limited Reimbursement. Developer, City, and Authority acknowledge that: (i) Developer is agreeing to pay for the Project Costs with the expectation that Developer will be reimbursed to the extent and in the manner set forth in this Financing Plan and the Acquisition and Reimbursement Agreement, subject to applicable laws and any financing instruments; (ii) Developer may be required to begin paying Project Costs before Funding Sources to reimburse Developer are available; (iii) Developer will be reimbursed for Qualified Project Costs and paid Authorized Payments in any number of installments as Funding Sources become available in accordance with this Financing Plan and the Acquisition and Reimbursement Agreement, with any unpaid balance deferred as long as necessary (subject to limitations on Funding Sources under applicable laws and financing instruments), until Funding Sources become available; (iv) Developer’s payment of Project Costs before the availability of Funding Sources to reimburse Qualified Project Costs is not a dedication or gift, or a waiver of Developer’s right to reimbursement for Qualified Project Costs under this Financing Plan; and (v) Funding Sources may not be sufficient to pay all of Developer’s Qualified Project Costs and Authorized Payments.

Limited Reimbursement. Developer, City, Developer and Authority the Agency acknowledge that: (i) Developer is agreeing to pay for the Project Costs with the expectation that Developer will be reimbursed to the extent and in the manner set forth in this Financing Plan and the Acquisition and Reimbursement Agreement, subject to applicable laws and any financing instruments; (ii) Developer may be required to begin paying Project Costs before Funding Sources to reimburse Developer are available; (iii) Developer will be reimbursed for Qualified Project Costs and paid Authorized Payments in any number of installments as Funding Sources become available in accordance with this Financing Plan and the Acquisition and Reimbursement Agreement, with any unpaid balance deferred as long as necessary (subject to applicable Major Phase Increment Allocation Amounts, Increment Termination Dates, and other limitations on Funding Sources under applicable laws and financing instruments), until Funding Sources become available; (iv) Developer’s payment of Project Costs before the availability of Funding Sources to reimburse Qualified Project Costs is not a dedication or gift, gift or a waiver of Developer’s right to reimbursement for Qualified Project Costs under this Financing Plan; and (v) Funding Sources may not be sufficient to pay all of Developer’s Qualified Project Costs and Authorized Payments.

Limited Reimbursement. Developer, City, Developer and Authority the Agency acknowledge that: (i) Developer is agreeing to pay for the Project Costs with the expectation that Developer will be reimbursed to the extent and in the manner set forth in this Financing Plan and the Acquisition and Reimbursement Agreement, subject to applicable laws and any financing instruments; (ii) Developer may be required to begin paying Project Costs before Funding Sources to reimburse Developer are available; (iii) Developer will be reimbursed for Qualified Project Costs and paid Authorized Payments in any number of installments as Funding Sources become available in accordance with this Financing Plan and the Acquisition and Reimbursement Agreement, with any unpaid balance deferred as long as necessary (subject to toapplicable Major Phase Increment Allocation Amounts, Increment Termination Dates, and other limitations on Funding Sources under applicable laws and financing instruments), until Funding Sources become available; (iv) Developer’s payment of Project Costs before the availability of Funding Sources to reimburse Qualified Project Costs is not a dedication or gift, gift or a waiver of Developer’s right to reimbursement for Qualified Project Costs under this Financing Plan; and (v) Funding Sources may not be sufficient to pay all of Developer’s Qualified Project Costs and Authorized Payments.

Limited Reimbursement. Developer, City, Developer and Authority acknowledge that: (i) Developer is agreeing to pay for the Project Costs with the expectation that Developer will be reimbursed to the extent and in the manner set forth in this Financing Plan and the Acquisition and Reimbursement Agreement, subject to applicable laws and any financing instruments; (ii) Developer may be required to begin paying Project Costs before Funding Sources to reimburse Developer are available; (iii) Developer will be reimbursed for Qualified Project Costs and paid Authorized Payments in any number of installments as Funding Sources become available in accordance with this Financing Plan and the Acquisition and Reimbursement Agreement, with any unpaid balance deferred as long as necessary (subject to applicable Increment Termination Dates and other limitations on Funding Sources under applicable laws and financing instruments), until Funding Sources become available; (iv) Developer’s payment of Project Costs before the availability of Funding Sources to reimburse Qualified Project Costs is not a dedication or gift, or a waiver of Developer’s right to reimbursement for Qualified Project Costs under this Financing Plan; and (v) Funding Sources may not be sufficient to pay all of Developer’s Qualified Project Costs and Authorized Payments.