No CID Bonds Sample Clauses

No CID Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go CID Financing, and nothing in this Agreement shall in any way obligate the City to issue bonds or other obligations to reimburse Developer for the Eligible Expenses or any other costs of the Project.
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No CID Bonds. Developer hereby understands and agrees that nothing in this Agreement shall in any way obligate the UG to issue bonds or other obligations to reimburse Developer for any Project Costs.
Sample 1
No CID Bonds. Developer understands and agrees that all reimbursements of CID Proceeds to Developer shall be in the form of Pay-Go CID Financing, unless otherwise specifically agreed to by the parties in writing in their respective sole discretion. Nothing in this Agreement shall in any way obligate the UG to issue bonds or other obligations to reimburse Developer for CID Project Costs or any other Project Costs.
Sample 1

Related to No CID Bonds

  • Contract Bonds Contract bonds shall conform to the requirements of Section 103.05.

  • Construction Bonds In accordance with 153.54, et. seq. of the Ohio Revised Code, the recipient shall require that each of its Contractors furnish a performance and payment bond in an amount at least equal to 100 percent (100%) of its contract price as security for the faithful performance of its contract;

  • Bonds The Contractor shall furnish both a performance bond and a payment bond and shall pay the premiums thereon as a Cost of the Work. The Performance Bond shall guarantee the full performance of the Contract.

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