Penalties/Interest/Attorney’s Fees. The State will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest or attorney’s fees, except as permitted by Indiana law, in part, IC § 5-17-5, IC § 34-54-8, IC § 34-13-1 and IC § 34-52-2. Notwithstanding the provisions contained in IC § 5-17-5, any liability resulting from the State’s failure to make prompt payment shall be based solely on the amount of funding originating from the State and shall not be based on funding from federal or other sources.
Penalties/Interest/Attorney’s Fees. The IEDC will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest, or attorney’s fees, except as required by Indiana law, including Indiana Code § 5-17-5, Indiana Code § 34-54-8, and Indiana Code § 34-13-1. In the event of legal action or proceedings of any kind, including without limitation enforcement of payment terms, the recapture of tax credits, or for an assessment, whether brought by either party, the IEDC shall be entitled to reasonable attorney’s fees, court costs, and other related reasonable expenses, plus interest pursuant to Indiana Code § 34-51-4-9.
Penalties/Interest/Attorney’s Fees. The State will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest or attorney's fees, except as permitted by Indiana law, in part, Ind. Code § 5-17-5, Ind. Code § 34- 54-8, IC §34-13-1 and Ind. Code § 34-52-2-3.
Penalties/Interest/Attorney’s Fees. The IFA will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest, or attorney’s fees, except as permitted by Indiana law, in part, IC § 5-17-5, IC § 34-54-8, IC § 34-13-1, and IC § 34-52-2-3. Notwithstanding the provisions contained in IC § 5-17-5, any liability resulting from the IFA’s failure to make prompt payment shall be based solely on the amount of funding originating from the IFA and shall not be based on funding from federal or other sources.
Penalties/Interest/Attorney’s Fees. The Board will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest or attorney’s fees, except as permitted by Alabama law. Any liability resulting from the Board’s failure to make prompt payment shall be based solely on the amount of funding originating from the Board and shall not be based on funding from federal or other sources.
Penalties/Interest/Attorney’s Fees. The IEDC will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest, or attorney’s fees, except as required by Indiana law, including Indiana Code § 5-17-15, Indiana Code § 34-54-8, and Indiana Code § 34-13-1. Notwithstanding the provisions contained in Indiana Code § 5-17-5, the parties hereto stipulate and agree that any liability of the IEDC shall be limited to only the amount of tax credits for which the Company is eligible due to its performance under this Agreement. In the event of legal action or proceedings of any kind, including without limitation enforcement of payment terms, the recapture of tax credits, or for an assessment, whether brought by either party, the IEDC shall be entitled to reasonable attorney’s fees, court costs, and other related reasonable expenses, plus interest pursuant to Indiana Code § 34-51-4-9.
Penalties/Interest/Attorney’s Fees. The Local Public Agency will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest, and/or attorney's fees, except as required by Indiana law, in part, IC 5-17-5-1 at seq.
Penalties/Interest/Attorney’s Fees. The IHCDA will, in good faith, perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest or attorney’s fees, except as authorized by Indiana law, in part, if applicable, Ind. Code § 5-17-5, Ind. Code § 34-54-8, and Ind. Code § 34-13-1. Notwithstanding the provisions contained in Ind. Code § 5-17-5, the parties stipulate and agree than any liability resulting from IHCDA’s failure to make prompt payment shall be based solely on the amount of funding originating from the State of Indiana and shall not be based on funding from Federal or other sources.
Penalties/Interest/Attorney’s Fees. The IEDC will in good faith perform its required obligations under this Agreement and does not agree to pay any penalties, liquidated damages, interest, attorneys’ fees, court costs, or litigation expenses, except as required by Indiana law, including Indiana Code § 5-17-5, Indiana Code § 34-54-8, and Indiana Code § 34-13-1. Notwithstanding the provisions contained in Indiana Code § 5-17-5, the parties stipulate and agree that any liability of the IEDC shall be limited to only the amount of funding originating from the IEDC or the State of Indiana and shall not be based on funding from federal or other sources. In the event of legal action or proceedings of any kind, including without limitation enforcement of disbursement terms, the recapture of RCI Funds, whether brought by either party, the IEDC shall be entitled to reasonable attorney’s fees, court costs, and other related reasonable expenses, plus interest pursuant to Indiana Code § 34- 51-4-9.
Penalties/Interest/Attorney’s Fees. The State will in good faith perform its required obligations hereunder and does not agree to pay any penalties, liquidated damages, interest, or attorney's fees, except as required by Indiana law, in part, IC 5-17-5, IC 34-54-8, and IC 34-13-1. Notwithstanding the provisions contained in IC 5-17-5, the Parties stipulate and agree that any liability resulting from the State of Indiana's failure to make prompt payment shall be based solely on the amount of funding originating from the State of Indiana and shall not be based on funding from federal or other sources.
