Terms and Conditions of Partial Tax Abatements. The following terms and conditions govern the partial tax abatements granted pursuant to this Agreement: (a) Compliance with Law and Application. Owner shall comply with all applicable Nevada, federal, and local laws related to the construction and operation of the Facility, including but not limited to NRS chapter 701A and Nevada Administrative Code (NAC) chapter 701A. Owner shall also substantively honor all commitments and representations made in the documents submitted to the Director that formed the basis upon which the Director granted the abatements with the acknowledgement that some of the items contained therein were estimated and that in no case will the Owner’s actual performance fail to meet the statutory or regulatory criteria upon which the Director granted the approval of the Application.
Appears in 11 contracts
Samples: Abatement Agreement, Abatement Agreement, Abatement Agreement
