Examples of Minimum Assessment Agreement in a sentence
The Parties agree that the Property is subject to the Minimum Assessment Agreement, which is incorporated by reference into this Agreement as Exhibit C.
The Amended and Restated Minimum Assessment Agreement established an aggregate value for the completed Minimum Improvements at $53,900,000.
If a tax petition is pending, the EDA will continue to make payments on the TIF Note in accordance with the values contained in the Minimum Assessment Agreement.
Such Assessment Agreement shall be binding and enforceable in its entirety against any such subsequent purchaser or encumbrancer, as well as all prior lienholders and the holder of the First Mortgage, each of which shall sign a consent to the Minimum Assessment Agreement.
On June 15, 2020, the City approved an Amendment to the Amended and Restated Agreement, which made changes to terms relating to: (i) the description of the Minimum Improvements, (ii) the Economic Development Grant schedules, (iii) the property included as part of the Development Property, and (iv) the minimum assessed values included in the Amended and Restated Minimum Assessment Agreement.
The Amendment to the Amended and Restated Minimum Assessment Agreement establishes a minimum aggregate value for the completed Minimum Improvements, as revised, at $33,200,000.
The Parties agree to comply with the terms and conditions of the Minimum Assessment Agreement as they relate to the Property throughout the term of this Agreement.
Such Assessment Agreement shall be binding and enforceable in its entirety against any such subsequent purchaser or encumbrancer, as well as all prior lienholders and the holder of first mortgage, each of which shall sign a consent to the Minimum Assessment Agreement.
At December 31, 2015, the Company had commitments to purchase one Gamma Knife Perfexion system and one Cobalt-60 reload from Elekta, as discussed in Note 12 – Commitments and Contingencies.
These activities have led to the formation of teams which address local dementia-related issues, and we hope to see these teams also foster the formation of intra-regional networks.