Common use of Minimum Annual Service Charge Clause in Contracts

Minimum Annual Service Charge. The amount of the total taxes levied against the Land and existing improvements in the last full tax year in which the Land and existing improvements were subject to taxation.

Appears in 4 contracts

Samples: Financial Agreement, Financial Agreement, Financial Agreement

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Minimum Annual Service Charge. The greater of: (i) the amount of the total taxes levied against all real property in the Land and existing improvements area covered by the Project in the last full tax year in which the Land and existing improvements were area was subject to taxation.taxation pursuant

Appears in 1 contract

Samples: Financial Agreement

Minimum Annual Service Charge. The amount of the total taxes levied against the Land and existing improvements in the last full tax year in which the Land and existing improvements were subject to taxation, which is $258,683.

Appears in 1 contract

Samples: Financial Agreement

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Minimum Annual Service Charge. The amount of the total taxes levied against all real property in the Land and existing improvements area covered by the Project in the last full tax year in which the Land and existing improvements were Property was subject to taxation.. The Parties acknowledge and agree that the tax assessment on the land and improvements in year 2020 total

Appears in 1 contract

Samples: Financial Agreement

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