Common use of Responsibility of Owner Clause in Contracts

Responsibility of Owner. In consideration of receiving the tax abatement granted herein, Owner represents and agrees: a. That construction of the Eligible Property will commence on or before December 31, 2022. b. That Owner shall have delivered the Certificate to the County certifying that the Project has achieved Commercial Operations no later than December 31, 2023.

Appears in 3 contracts

Samples: Tax Abatement Agreement, Tax Abatement Agreement, Tax Abatement Agreement

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Responsibility of Owner. In consideration of receiving the tax abatement granted herein, Owner represents and agrees: a. That construction of the Eligible Property will commence on or before December 31, 2022. b. That Owner shall have delivered the Certificate to the County District certifying that the Project has achieved Commercial Operations no later than December 31, 2023.

Appears in 3 contracts

Samples: Tax Abatement Agreement, Tax Abatement Agreement, Tax Abatement Agreement

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Responsibility of Owner. In consideration of receiving the tax abatement granted herein, the Owner represents and agrees:and a. That construction of the Eligible Property will commence on or before December 31, 2022.December b. That Owner shall have delivered the Certificate to the County District certifying that the Project has achieved Commercial Operations no later than December 31, 2023. II. The Parties acknowledge and agree the Agreement is effective as of the date executed by both Parties but that the start of the actual tax abatement period has been deferred, with the

Appears in 1 contract

Samples: Tax Abatement Agreement

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