Common use of PAYMENTS TO THE TOWN Clause in Contracts

PAYMENTS TO THE TOWN. The Owners agree to pay to the Town the amounts set out in Schedule ‘D’ hereto. The Owners further acknowledge the Town’s right and requirement to assess levies on all lots and blocks of this development. The Owners agree that in the event the proceeds received by the Town pursuant to Schedule ‘E’ are not required, or likely to be required wholly, or in part, by reason of the Owners undertaking this development, such proceeds may then be expended for such other general or specific purposes that the Town shall, at its absolute discretion, determine.

PAYMENTS TO THE TOWN. The Owners agree Owner covenants and agrees to pay to the Town the amounts set out in Schedule ‘D’ “E” hereto. The Owners Owner further acknowledge acknowledges the Town’s right and requirement to assess levies on all lots and blocks within the plan of this developmentsubdivision. The Owners agree Owner agrees that in the event the proceeds payments received by the Town pursuant to Schedule ‘“E’ ” are not required, required or likely to be required whollyrequired, wholly or in part, by reason of the Owners Owner undertaking this developmentthe development of the plan of subdivision, such proceeds may then be expended for such other general or specific purposes that as the Town shall, at its absolute discretion, determine.

PAYMENTS TO THE TOWN. The Owners agree Owner covenants and agrees to pay to the Town the amounts set out in Schedule ‘D’ “F” hereto. The Owners Owner further acknowledge acknowledges the Town’s right and requirement to assess levies on all lots and blocks of this developmentsubdivision. The Owners agree Owner agrees that in the event the proceeds received by the Town pursuant to Schedule ‘E’ “F” are not required, or likely to be required wholly, or in part, by reason of the Owners Owner undertaking this developmentsubdivision, such proceeds may then be expended for such other general or specific purposes that the Town shall, at its absolute discretion, determine.

PAYMENTS TO THE TOWN. The Owners agree Owner covenants and agrees to pay to the Town the amounts set out in Schedule ‘D’ “E” hereto. The Owners Owner further acknowledge acknowledges the Town’s 's right and requirement to assess levies on all lots and blocks of this developmentsubdivision. The Owners agree Owner agrees that in the event the proceeds received by the Town pursuant to Schedule ‘“E’ ” are not required, or likely to be required wholly, or in part, by reason of the Owners Owner undertaking this developmentsubdivision, such proceeds may then be expended for such other general or specific purposes that the Town shall, at its absolute discretion, determine.