Common use of Statutes and Ordinances Clause in Contracts

Statutes and Ordinances. The Entity hereby agrees at all times prior to the expiration or Termination of this Agreement to remain bound by the provisions of Applicable Law and any lawful ordinances and resolutions of the City, including, but not limited to, the Long Term Tax Exemption Law. The Entity's failure to comply with such statutes or ordinances shall constitute a violation and breach of the Agreement.

Appears in 2 contracts

Samples: Financial Agreement, Financial Agreement

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Statutes and Ordinances. The Entity hereby agrees at all times prior to the expiration or Termination other termination of this Financial Agreement to remain bound by the provisions of Applicable Law and any lawful ordinances and resolutions of the City, including, but not limited to, the Long Term Tax Exemption Law. The Entity's ’s failure to comply with such statutes or ordinances shall constitute a violation and breach of the this Financial Agreement.

Appears in 1 contract

Samples: Financial Agreement

Statutes and Ordinances. The Entity hereby agrees at all times prior to the expiration or Termination termination of this Financial Agreement to remain bound by the provisions of Applicable Law Federal and any lawful ordinances State Statutes and resolutions of the City, Municipal Ordinances and Regulations including, but not limited to, the Long Term Tax Exemption Law. The Entity's ’s failure to comply with such statutes or ordinances Ordinances shall constitute a violation and breach of the AgreementFinancial Agreement and the City shall, among its other remedies, have the right to terminate said tax exemption in accordance with the provisions of Articles XIII and XIV hereof.

Appears in 1 contract

Samples: Financial Agreement

Statutes and Ordinances. The Entity hereby agrees at all times prior to the expiration or Termination termination of this Agreement to remain bound by the provisions of Applicable Law all applicable state statutes and any lawful municipal ordinances and resolutions of the City, regulations including, but not limited to, the Long Term Tax Exemption Law. The Entity's failure to comply with such statutes or ordinances shall constitute a violation and breach of the Default under this Agreement.

Appears in 1 contract

Samples: Financial Agreement

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Statutes and Ordinances. The Entity hereby agrees at all times prior to the expiration or Termination of this Agreement to remain bound by the provisions of Applicable Law and any lawful ordinances and resolutions of the CityBorough, including, but not limited to, the Long Term Tax Exemption Law. The Entity's ’s failure to comply with such statutes or ordinances shall constitute a violation and breach of the Agreement.

Appears in 1 contract

Samples: Financial Agreement

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