Common use of Value of the Project Not Determined by Bonds Clause in Contracts

Value of the Project Not Determined by Bonds. The Issuer and the Company acknowledge that it is not the intent of the parties that the principal amount of the Bonds be used for the purpose of determining the appraised value of the Project or any portion thereof for tax purposes.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

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Value of the Project Not Determined by Bonds. The Issuer Issuer, Tenant and the Company Subtenant acknowledge that it is not the intent of the parties that the principal amount of the Bonds be used for the purpose of determining the appraised value of the Project or any portion thereof for tax purposes.

Appears in 1 contract

Samples: Performance Agreement

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Value of the Project Not Determined by Bonds. The Issuer and the Company Developer acknowledge that it is not the intent of the parties that the principal amount of the Bonds be used for the purpose of determining the appraised value of the Project or any portion thereof for tax purposes.

Appears in 1 contract

Samples: Land Transfer and Development Agreement

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