Examples of Expansion Project in a sentence
Energy for All Program Cinco xx Xxxx Chollas Creek to Bay Bikeride District 4- School and Community Programming 2019 Coastal Cleanup Day Meals for Residents Impacted by COVID-19 ScienceING Kids to the King Tide (K2KT) Empowering Latinas through Education and Training Video Production Equipment Expansion Project Emergency Meal Distribution Mental Health Resources and Wraparound Services.
Accordingly, in the event that that the City pursues the Expansion Project, and any financing therefor, the Aurora Theatre agrees to reasonably cooperate with the City and with any other governmental entity involved with the City’s pursuit of the Expansion Project and any such financing; provided, however, the Aurora Theatre shall not be obligated to incur any debt or other obligation to any third party or to the City in connection therewith other than as set forth in this Agreement.
To the extent that the financing of the Expansion Project involves the issuance of bonds or other obligations the interest on which is exempt from federal income tax (“Tax-Exempt Bonds”), the Aurora Theatre acknowledges that certain mandatory tax restrictions will be imposed upon the issuer of Tax-Exempt Bonds, the City, and any other users of the Complex, including the Aurora Theatre, to ensure that the interest on such Tax-Exempt Bonds remains exempt from federal income tax.
The Aurora Theatre acknowledges that the City intends to pursue the acquisition, construction, and installation of an expansion and other improvements to the Complex (the “Expansion Project”) and to finance the Expansion Project, in whole or in part, through the issuance of bonds or other obligations by the City or another governmental entity on behalf of or for the benefit of the City.
Should the City proceed with the Expansion Project and the financing thereof through the issuance of Tax-Exempt Bonds as described herein, the Aurora Theatre agrees that is shall comply with all applicable requirements and restrictions imposed by the Code and the treasury regulations promulgated thereunder.