Common use of Maximum Indebtedness Clause in Contracts

Maximum Indebtedness. The maximum indebtedness of the City for all fees, grants, loans, reimbursable items or other costs pursuant to this Agreement shall not exceed the sum of TWO HUNDRED THIRTY-THREE MILLION THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($233,300,000.00); provided, however, this limitation does not apply to any liability of the City for an Event of Default by the City hereunder.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Maximum Indebtedness. The maximum indebtedness of the City for all fees, grants, loans, reimbursable items or other costs cost pursuant to this Agreement shall not exceed the sum of TWO HUNDRED THIRTY-THREE MILLION THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($233,300,000.003,000,000.00); provided, however, this limitation does not apply to any liability of the City for an Event of Default by the City hereunder.

Appears in 1 contract

Samples: Economic Development Agreement

Maximum Indebtedness. The maximum indebtedness of the City for all fees, grants, loans, reimbursable items or other costs pursuant to this Agreement shall not exceed the sum of TWO HUNDRED THIRTY-THREE TWELVE MILLION THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($233,300,000.0012,000,000.00); , provided, however, this limitation does not apply that the aforementioned sum specifically excludes any and all costs related to any liability of City’s obligations relative to the City for an Event of Default by the City hereunderProjects.

Appears in 1 contract

Samples: Redevelopment Agreement

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Maximum Indebtedness. The maximum indebtedness of the City for all fees, grants, loans, reimbursable items or other costs cost pursuant to this Agreement shall not exceed the sum of TWO HUNDRED THIRTY-THREE MILLION THREE HUNDRED FOURTEEN THOUSAND AND NO/100 DOLLARS ($233,300,000.00214,000.00); provided, however, this limitation does not apply to any liability of the City for an Event of Default by the City hereunder.

Appears in 1 contract

Samples: Economic Development Agreement

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