Tax Valuation Contest Restrictions Sample Clauses

Tax Valuation Contest Restrictions. The Developer or an Affiliate Entity shall not contest nor protest the amount of the ad valorem taxes or the tax valuation regarding the Private Development so long as the TIF District bonds, the CID bonds and/or STAR Bonds remain outstanding. The Developer further agrees to obtain a covenant from any assignee or purchaser of an ownership interest in the Private Development not to contest nor protest the amount of the ad valorem taxes or the tax valuation regarding any portion of the Private Development subject to the same conditions set forth in the previous sentence.
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Tax Valuation Contest Restrictions. The Developer or an Affiliate Entity shall not contest or protest the amount of the ad valorem taxes or the tax valuation regarding the Developer Project until such time as all TIF Bonds have been retired and Developer has been reimbursed for the Site Preparation Costs. The Developer further agrees to obtain a covenant from any assignee or purchaser of an ownership interest in the Property not to contest or protest the amount of the ad valorem taxes or the tax valuation regarding any portion of the Property subject to the same conditions set forth in the previous sentence. After the Effective Date, either the City or the Developer may record notice of such restrictions against the Property with the Sedgwick County Register of Deeds.
Tax Valuation Contest Restrictions. The Developer or an Affiliate Entity shall not contest or protest the amount of the ad valorem taxes or the tax valuation regarding the Developer Project so long as the TIF Bonds remain outstanding, unless the assessed valuation for the Developer Project and Property as shown on the tax statement for the applicable year exceeds the Cap Rate Valuation. If Developer or an Affiliate Entity have the right to contest or protest the ad valorem taxes for any calendar year pursuant to the foregoing, such contest or protest shall not in any event reduce the ad valorem taxes for the Developer Project below the taxes that would be calculated on the Cap Rate Valuation.

Related to Tax Valuation Contest Restrictions

  • Age Restrictions Drivers must be 21 years of age or over.

  • Employment Restrictions Executive is not currently a party to any non competition, non-solicitation, confidentiality or other work-related agreement that limits or restricts Executive’s ability to work in any particular field or in any particular geographic region, whether or not such agreement would be violated by this Agreement.

  • AGE RESTRICTION You must be at least 18 (eighteen) years of age to use this Website or any Services contained herein. By using this Website, You represent and warrant that You are at least 18 years of age and may legally agree to this Agreement. The Company assumes no responsibility or liability for any misrepresentation of Your age.

  • Trade Restrictions (i) Supplier Covenants that it shall not sell, distribute, disclose, release, receive or otherwise transfer any item or technical data provided under this Order to or from: (A) any country designated as a “State Sponsor of Terrorism” or “SST” by the U.S. Department of State, (B) any entity located in, or owned by an entity located in a SST country, or (C) any person or entity listed on the “Specifically Designated Nationals and Blocked Persons” list maintained by the U.S. Department of Treasury. This clause shall apply regardless of the legality of such a transaction under local law.

  • RECORDS USAGE, DUPLICATION AND REDISCLOSURE RESTRICTIONS USAC and the Department agree to these restrictions on use, duplication, and disclosure of information furnished by the other Party:

  • Disclosure Restrictions If necessary for the proper management and administration of the Business Associate or to carry out legal responsibilities of the Business Associate. PHI may only be disclosed to another person/entity for such purposes if:

  • Real estate transactions You must sign the certification. You may cross out item 2 of the certification.

  • INCOME RESTRICTIONS The Grantee agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the Grantee under this Agreement shall be paid by the Grantee to the State, to the extent that they are properly allocable to costs for which the Grantee has been reimbursed by the State under this Agreement.

  • Export Restriction 37.1 Notwithstanding any obligation under the Contract to complete all export formalities, any export restrictions attributable to the Procuring Entity, to Kenya, or to the use of the products/goods, systems or services to be supplied, which arise from trade regulations from a country supplying those products/goods, systems or services, and which substantially impede the Supplier from meeting its obligations under the Contract, shall release the Supplier from the obligation to provide deliveries or services, always provided, however, that the Supplier can demonstrate to the satisfaction of the Procuring Entity that it has completed all formalities in a timely manner, including applying for permits, authorizations and licenses necessary for the export of the products/goods, systems or services under the terms of the Contract. Termination of the Contract on this basis shall be for the Procuring Entity's convenience pursuant to Sub-Clause 35.3.

  • Export Restrictions EXPORT OF THE SOFTWARE IS PROHIBITED BY UNITED STATES LAW. THE FUND MAY NOT UNDER ANY CIRCUMSTANCES RESELL, DIVERT, TRANSFER, TRANSSHIP OR OTHERWISE DISPOSE OF THE SOFTWARE (IN ANY FORM) IN OR TO ANY OTHER COUNTRY. IF CUSTODIAN DELIVERED THE SOFTWARE TO THE FUND OUTSIDE OF THE UNITED STATES, THE SOFTWARE WAS EXPORTED FROM THE UNITED STATES IN ACCORDANCE WITH THE EXPORTER ADMINISTRATION REGULATIONS. DIVERSION CONTRARY TO U.S. LAW IS PROHIBITED. The Fund hereby authorizes Custodian to report its name and address to government agencies to which Custodian is required to provide such information by law.

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