TIF Agreement Sample Clauses

TIF Agreement. The signed TIF Agreement.
AutoNDA by SimpleDocs
TIF Agreement. Borrower hereby represents and warrants, to the best of Borrower’s knowledge, after due inquiry, as follows: (a) the TIF Agreement is in full force and effect and contains all of the rights, duties, interests and obligations of the parties thereto with respect to the matters contained therein; (b) intentionally omitted; (c) there exists no material breach or default of any of the obligations under the TIF Agreement by Borrower; (d) there is no outstanding financial or other material obligation currently due or past due and owing by Borrower or any prior owner of the Property pursuant to the TIF Agreement; (e) Borrower has not received any notice from the City alleging or asserting that Borrower or any other party subject to the TIF Agreement is in breach of or default under the TIF Agreement; (f) there are no facts or circumstances in existence which with the passage of time or giving of notice or both would constitute a breach of, or default under, the TIF Agreement by Borrower; and (h) no consent is required to be obtained from the City or any other Governmental Authority in order for Borrower and Guarantor to execute and deliver the Loan Documents to which each is a party and to perform their respective obligations thereunder.
TIF Agreement. (a) Borrower shall timely and diligently perform and satisfy all of its duties, responsibilities and obligations under the TIF Agreement. (b) Within ten (10) calendar days after receipt, Borrower shall deliver copies to Lender of all correspondence, notices, agreements and/or other documents received from the City or any other Governmental Authority pertaining to, or in any way related to, the TIF Agreement or the matters set forth therein. (c) Borrower shall simultaneously deliver to Lender a copy of any and all correspondence, notices, agreements or other documents which Borrower sends to the City or any other Governmental Authority pertaining to, or in any way related to, the TIF Agreement or the matters contained therein.
TIF Agreement. Without the prior written consent of Lender, such consent not to be unreasonably withheld, Borrower shall not: (i) agree, acquiesce or consent to any amendment, restatement, modification or supplement of the TIF Agreement; or (ii) execute any amendment of or modification to the TIF Agreement or otherwise execute any other document or agreement with the City or any other Governmental Authority pursuant to which Borrower assumes any additional obligation or responsibility or potential liability with respect to the Property or the TIF Agreement or the matters contained therein. Borrower shall not take any action, or fail to take any action, in contravention of the TIF Agreement.
TIF Agreement. The Parties agree to enter into the TIF Agreement, substantially in the form approved by Ordinance No. 5337, pursuant to which the Project will be subject to the Tax Exemptions approved by the TIF Ordinances pursuant to which the City will reimburse the Company from the TIF Funds for Qualifying Costs plus interest thereon for the Designated Improvements and Public Infrastructure Improvements and the School Districts will receive the amounts set forth in the Compensation Agreement.
TIF Agreement. The TIF Agreement is in full force and effect and there is no default thereunder by Borrower, and, to the best of Bxxxxxxx’s knowledge, any other party thereto, and, to the best of Borrower’s knowledge, no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder. Neither the execution and delivery of the Loan Documents nor Bxxxxxxx’s performance thereunder will adversely affect Borrower’s rights under the TIF Agreement. The Loan, and the encumbrance of the Property as security for the Loan, will not cause Borrower to violate any covenants contained in the TIF Agreement.
TIF Agreement. Borrower shall (i) pay all sums required to be paid by Borrower under the TIF Agreement, (ii) diligently perform and observe all of the material terms, covenants and conditions of Borrower under the TIF Agreement, (iii) promptly deliver to Lender a copy of any written notice to Borrower of any default by Borrower under the TIF Agreement, (iv) promptly deliver to Lender a copy of any written notice from Borrower to Grove City of any default by Grove City under the TIF Agreement and (v) not, without Lenxxx’x prior written consent, modify, amend, terminate, cancel or replace the TIF Agreement to the extent the same would have a material adverse effect on Borrower or the Property.
AutoNDA by SimpleDocs
TIF Agreement. The Parties hereby agree that the form of TIF Agreement attached hereto as Exhibit A shall be the form of TIF Agreement to be entered into at the Closing. The Parties agree in connection with the TIF Agreement: (a) The TIF Agreement constitutes an Agency Agreement for purposes of (i) Agency’s representations and warranties under Section 11 of the First Amendment and (ii) Developer’s representations and warranties under Section 13 of the First Amendment; (b) Developer and Agency agree to deposit in Escrow a signed counterpart of the of two originals of the TIF Agreement pursuant to their respective deposit obligations under Section 9.2 of the DDA and Section 9.3 of the DDA, as amended by Section 14 of the First Amendment; and (c) Escrow Agent is xxxxxx instructed to deliver to each of Agency and Developer and original signed counterpart upon Closing.

Related to TIF Agreement

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively: (a) represent the sum of the understandings and agreements between the Bank and the Borrower concerning this credit; (b) replace any prior oral or written agreements between the Bank and the Borrower concerning this credit; and (c) are intended by the Bank and the Borrower as the final, complete and exclusive statement of the terms agreed to by them. In the event of any conflict between this Agreement and any other agreements required by this Agreement, this Agreement will prevail.

  • Cooperation Agreement If a Cooperating Institution is appointed, the Fund shall enter into a Cooperation Agreement with the Cooperating Institution setting forth the terms and conditions of its appointment.

  • Termination Agreement 8.01 Notwithstanding any other provision of this Agreement, WESTERN, at its sole option, may terminate either a Purchase Order or this Agreement at any time by giving fourteen (14) days written notice to CONSULTANT, whether or not a Purchase Order has been issued to CONSULTANT. 8.02 In the event of termination of either a Purchase Order or this Agreement, the payment of monies due CONSULTANT for work performed prior to the effective date of such termination shall be paid within thirty (30) days after receipt of an invoice as provided in this Agreement. Upon payment for such work, CONSULTANT agrees to promptly provide to WESTERN all documents, reports, purchased supplies and the like which are in the possession or control of CONSULTANT and pertain to WESTERN.

  • of Agreement Sections 4.1, 4.2 and 4.3 shall be read in their entirety as provided in the Agreement. Article IV (except for Sections 4.1, 4.2 and 4.3 thereof) shall be read in its entirety as follows and shall be applicable only to the Investor Certificates:

  • Development Agreement As soon as reasonably practicable following the ISO’s selection of a transmission Generator Deactivation Solution, the ISO shall tender to the Developer that proposed the selected transmission Generator Deactivation Solution a draft Development Agreement, with draft appendices completed by the ISO to the extent practicable, for review and completion by the Developer. The draft Development Agreement shall be in the form of the ISO’s Commission-approved Development Agreement for its reliability planning process, which is in Appendix C in Section 31.7 of Attachment Y of the ISO OATT, as amended by the ISO to reflect the Generator Deactivation Process. The ISO and the Developer shall finalize the Development Agreement and appendices as soon as reasonably practicable after the ISO’s tendering of the draft Development Agreement. For purposes of finalizing the Development Agreement, the ISO and Developer shall develop the description and dates for the milestones necessary to develop and construct the selected project by the required in-service date identified in the Generator Deactivation Assessment, including the milestones for obtaining all necessary authorizations. Any milestone that requires action by a Connecting Transmission Owner or Affected System Operator identified pursuant to Attachment P of the ISO OATT to complete must be included as an Advisory Milestone, as that term is defined in the Development Agreement. If the ISO or the Developer determines that negotiations are at an impasse, the ISO may file the Development Agreement in unexecuted form with the Commission on its own, or following the Developer’s request in writing that the agreement be filed unexecuted. If the Development Agreement is executed by both parties, the ISO shall file the agreement with the Commission for its acceptance within ten (10) Business Days after the execution of the Development Agreement by both parties. If the Developer requests that the Development Agreement be filed unexecuted, the ISO shall file the agreement at the Commission within ten (10) Business Days of receipt of the request from the Developer. The ISO will draft, to the extent practicable, the portions of the Development Agreement and appendices that are in dispute and will provide an explanation to the Commission of any matters as to which the parties disagree. The Developer will provide in a separate filing any comments that it has on the unexecuted agreement, including any alternative positions it may have with respect to the disputed provisions. Upon the ISO’s and the Developer’s execution of the Development Agreement or the ISO’s filing of an unexecuted Development Agreement with the Commission, the ISO and the Developer shall perform their respective obligations in accordance with the terms of the Development Agreement that are not in dispute, subject to modification by the Commission. The Connecting Transmission Owner(s) and Affected System Operator(s) that are identified in Attachment P of the ISO OATT in connection with the selected transmission Generator Deactivation Solution shall act in good faith in timely performing their obligations that are required for the Developer to satisfy its obligations under the Development Agreement.

  • End of Agreement You may terminate this Agreement by destroying all copies of the Program. Your right to use the Program shall end immediately if You fail to comply with any of the terms set forth in this Agreement, or as otherwise set forth in the “License” section above, in which case You shall destroy all copies of the Program. Except as expressly set forth in the Associated Product Agreement, the terms and conditions governing the Associated Product Agreement are not affected by the termination of Your right to use the Program under this Agreement. The provisions of this Agreement that by their nature continue shall survive any expiration or termination of this Agreement.

  • LETTER OF AGREEMENT ARTICLE 48

  • Letter Agreement The Company shall have entered into the Letter Agreement on terms satisfactory to the Company.

  • By Agreement if the Distributor and the Retailer agree to the proposed change they will promptly sign a written variation to this agreement documenting the change, and this agreement will be deemed to have been changed on the date the variation is signed by the Distributor and Retailer or on such other date as specified in the variation; and

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!