Common use of TIF Note Clause in Contracts

TIF Note. (1) The TIF Note will be originally issued to the Developer, as provided in Section 3.2(2), in a principal amount equal to the Reimbursement Amount and shall be dated as of its date of issuance. The principal of the TIF Note and interest thereon shall be payable on a pay-as-you- go basis solely from the Pledged Tax Increments as provided below.

TIF Note. (1) The TIF Note will be originally issued to the Developer, as provided in Section 3.2(2), Developer in a principal amount equal to the Reimbursement Amount and shall be dated as of its date of issuance. The principal of the TIF Note and interest thereon shall be payable on a pay-as-you- you-go basis solely from the Pledged Tax Increments as provided below.

TIF Note. (1) The TIF Note will be originally issued to the Developer, as provided in Section 3.2(2), in a principal amount equal not to exceed the lesser of (i) up to $2,320,000 of the Reimbursement Amount not reimbursed with Pooled TIF or (ii) the amount determined pursuant to Section 3.2(9), and shall be dated as of its date of issuance. The principal of the TIF Note and interest thereon shall be payable on a pay-as-you- you-go basis solely from the Pledged Tax Increments as provided below.

TIF Note. (1) The TIF Note will be originally issued to the Developer, as provided in Section 3.2(2), in a principal amount equal to the Reimbursement Amount and shall be dated as of its date of issuance. The principal of the TIF Note and interest thereon shall be payable on a pay-asas- you-you- go basis solely from the Pledged Tax Increments as provided below.

TIF Note. (1) The TIF Note will be originally issued to the Developer, as provided in Section 3.2(2), in a principal amount equal to the Reimbursement Amount and shall be dated as of its date of issuanceissuance and will be originally issued to the Developer in an aggregate principal amount equal to the Reimbursement Amount. The principal of the TIF Note and interest thereon shall be payable on a pay-as-you- you-go basis solely from the Pledged Tax Increments as provided below.