Common use of Payment of CID Administrative Fee Clause in Contracts

Payment of CID Administrative Fee. As and when there are sufficient CID Sales Tax revenues from the District to pay the CID Administrative Fee, Developer hereby understands and agrees that such CID Administrative Fee shall have first priority to available funds in the CID Sales Tax Fund.

Appears in 5 contracts

Samples: Plaza Redevelopment Agreement, Center Redevelopment Agreement, Plaza Redevelopment Agreement

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Payment of CID Administrative Fee. As and when there are sufficient CID Sales Tax revenues from the CID District to pay the CID Administrative FeeFee (as described in Section 11.2(a)), Developer hereby understands and agrees that such CID Administrative Fee shall have first priority to available funds in the CID Sales Tax Fund.

Appears in 1 contract

Samples: Vue Redevelopment Agreement

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