Common use of Rules of Construction; use of Defined Terms Clause in Contracts

Rules of Construction; use of Defined Terms. Unless the context clearly indicates otherwise, in this Fee Agreement words and terms defined in Section 1.3 hereof are used with the meanings ascribed thereto. The definition of any document shall include any amendments to that document, unless the context clearly indicates otherwise. From time to time herein, reference is made to the term taxes or ad valorem taxes. All or portions of the Project will be located in a Multi-County Industrial Park and are exempt from ad valorem taxation under and by virtue of the provisions of Paragraph D of Section 13 of Article VIII of the S.C. Constitution (the “MCIP Provision”). With respect to facilities located in a Multi- County Industrial Park, references to taxes or ad valorem taxes means the payments-in-lieu-of- taxes provided for in the MCIP Provision, and, where this Fee Agreement refers to payments of taxes or Payments-in-Lieu-of-Taxes to County Treasurers, such references shall be construed to mean the payments to the counties participating in such a Multi-County Industrial Park.

Appears in 3 contracts

Samples: Fee in Lieu of Ad Valorem Taxes and Special Source Revenue Credit Agreement, Fee in Lieu of Ad Valorem Taxes Agreement, Fee in Lieu of Ad Valorem Taxes and Special Source Revenue Credit Agreement

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Rules of Construction; use of Defined Terms. Unless the context clearly indicates otherwise, in this Fee Agreement words and terms defined in Section 1.3 hereof are used with the meanings ascribed thereto. The definition of any document shall include any amendments to that document, unless the context clearly indicates otherwise. From time to time herein, reference is made to the term taxes or ad valorem taxes. All or portions of the Project will be located in a Multi-County Industrial Park and are exempt from ad valorem taxation under and by virtue of the provisions of Paragraph D of Section 13 of Article VIII of the S.C. Constitution (the “MCIP Provision”). With respect to facilities located in a Multi- Multi-County Industrial Park, references to taxes or ad valorem taxes means the payments-in-in- lieu-of- of-taxes provided for in the MCIP Provision, and, where this Fee Agreement refers to payments of taxes or Payments-in-Lieu-of-Taxes to County Treasurers, such references shall be construed to mean the payments to the counties participating in such a Multi-County Industrial Park.

Appears in 2 contracts

Samples: Fee Agreement, Fee Agreement

Rules of Construction; use of Defined Terms. Unless the context clearly indicates otherwise, otherwise in this Fee Agreement Agreement, words and terms defined in Section 1.3 hereof are used with the meanings ascribed thereto. The definition of any document shall include any amendments to that document, unless the context clearly indicates otherwise. From time to time herein, reference is made to the term taxes or ad valorem taxes. All or portions of the Project will be are located in a Multi-County Industrial Park and are exempt from ad valorem taxation under and by virtue of the provisions of Paragraph D of Section 13 of Article VIII of the S.C. Constitution (the “MCIP Provision”). With respect to facilities located in a Multi- Multi-County Industrial Park, references to taxes or ad valorem taxes means the payments-in-in- lieu-of- of-taxes provided for in the MCIP Provision, and, where this Fee Agreement refers to payments of taxes or Payments-in-Lieu-of-Taxes to County Treasurers, such references shall be construed to mean the payments to the counties participating in such a Multi-County Industrial Park.

Appears in 1 contract

Samples: Fee Agreement

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Rules of Construction; use of Defined Terms. Unless the context clearly indicates otherwise, in this Fee Agreement words and terms defined in Section 1.3 1.2 hereof are used with the meanings ascribed thereto. The definition of any document shall include any amendments to that document, unless the context clearly indicates otherwise. From time to time herein, herein reference is made to the term taxes or ad valorem taxes. All or portions of the Project Facilities are or will be located in a Multi-County Multicounty Industrial Park and are exempt from ad valorem taxation under and by virtue of the provisions of Paragraph D of Section 13 of Article VIII of the S.C. Constitution (the “MCIP Provision”). With respect to facilities Facilities located in a Multi- County Multicounty Industrial Park, references to taxes or ad valorem taxes means the payments-payments in-lieu-of- of taxes provided for in the MCIP Provision, and, where this Fee Agreement refers to payments of taxes or Payments-in-Lieu-of-Taxes to County Treasurers, such references shall be construed to mean the payments to the counties participating in such a Multi-County Multicounty Industrial Park.

Appears in 1 contract

Samples: Lease Agreement (GNC Acquisition Holdings Inc.)

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