Common use of No Independent Duty Clause in Contracts

No Independent Duty. The School District shall have no independent duty to pay any amount to the Agency other than to direct and cause the County to pay to the Agency the School District’s Tax Increment Share on an annual basis from and including Year One through and including Year Twenty.

No Independent Duty. The School District shall be responsible to remit to the Agency only Tax Increment actually received by the County acting as the tax collecting agency for the School District. The School District shall have no independent duty to pay any amount to the Agency other than to direct and cause the County to pay to Tax Increment actually received by the Agency County, on behalf of the School District’s Tax Increment Share District on an annual basis from and including Year One through and including Year Twentyduring each Increment Period for each Phase.

No Independent Duty. The School District shall be responsible to remit to the Agency only Tax Increment received by the County. The School District shall have no independent duty to pay any amount to the Agency other than to direct and cause the County to pay to the Agency Tax Increment received by the School District’s Tax Increment Share District on an annual basis from and including Year One through and including Year Twenty.