Common use of Use of Other Tax Increments Clause in Contracts

Use of Other Tax Increments. Subject to this Article VIII, the City shall be free to use any and all available Tax Increments in excess of the stated maximum or resulting Execution Version from the suspension or termination of the Economic Development Grants under Section 8.1 hereof, for any purpose for which the Tax Increments may lawfully be used pursuant to the provisions of the Urban Renewal Act, and the City shall have no obligations to the Developer with respect to the use thereof.

Use of Other Tax Increments. Subject to this Article VIII, the City shall be free to use any and all available Tax Increments in excess of the stated maximum or resulting Execution Version from the suspension or termination of the Economic Development Grants under Section 8.1 hereof, for any purpose for which the Tax Increments may lawfully be used pursuant to the provisions of the Urban Renewal Act, and the City shall have no obligations to the Developer with respect to the use thereof.

Use of Other Tax Increments. Subject to this Article VIII, the City shall be free to use any and all Tax Increments collected in respect of any other properties within the Project Area, or any available Tax Increments in excess of the stated maximum or resulting Execution Version from the suspension or termination of the Economic Development Grants under Section 8.1 hereof, for any purpose for which the Tax Increments may lawfully be used pursuant to the provisions of the Urban Renewal Act, and the City shall have no obligations to the Developer with respect to the use thereof.

Use of Other Tax Increments. Subject to the terms of this Article VIII, the City shall be free to use any and all available Tax Increments in excess of the stated aggregate maximum of the Economic Development Grants or resulting Execution Version from the suspension or termination of the Economic Development Grants under Section 8.1 hereofGrants, for any purpose for which the Tax Increments may lawfully be used pursuant to the Execution Version provisions of the Urban Renewal Act, and the City shall have no obligations to the Developer with respect to the use thereof.