RAB Law definition

RAB Law. Shall have the meaning specified in the recitals.
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RAB Law means the Redevelopment Area Bond Financing Law, N.J.S.A. 40A:12A-64 et seq.
Sample 1

Examples of RAB Law in a sentence

  • Pursuant to the RAB Law, the Bond Payment Account shall not be commingled with other funds of the Township.

  • The Entity hereby agrees at all times prior to the expiration or other Termination of this Agreement to remain bound by the provisions of Applicable Law, including, but not limited to, the Exemption Law and the RAB Law.

  • Upon compliance with the conditions set forth in the Redevelopment Agreement and the Bond Resolution, the Township shall take all necessary actions to cause the issuance of the Bonds pursuant to the Redevelopment Law, the Exemption Law and the RAB Law no more than once annually.

  • This Financial Agreement shall be governed by, as applicable, the provisions of the Exemption Law, the Redevelopment Law, the Ordinance, the RAB Law, and all other Applicable Law.

  • This Agreement shall be governed by the provisions of the Exemption Law, the Redevelopment Law, the Ordinance, the RAB Law, and all other Applicable Laws, as defined below.

  • Upon compliance with the conditions set forth in the Redevelopment Agreement and the Bond Resolution, the Township shall take all necessary actions to cause the issuance of the Bonds pursuant to the Act, the Exemption Law and the RAB Law no more than once annually.

  • Youth Name: Check those that apply: Asthma Allergies (check those that apply) Convulsions 1.

  • In the event of any default by the Borough hereunder, the liability of the Borough to any person who shall be the registered owner of the Bond (the “Bondholder”) shall be enforceable only against the Annual Service Charge that may be made available for such purposes under the RAB Law, and there shall be no other recourse for damages by the Bondholder against the Borough, its officers, members, agents and employees, or any of the property now or hereafter owned by it or them.

  • City general obligation bonds and/or notes in one or more series issued by the City in accordance with the Act and the RAB Law in an aggregate principal amount not to exceed of $250,000.00, in order to finance a portion of the costs of the Infrastructure Improvements to be performed by Redeveloper in the event of commencement of construction of the Project, pursuant to the RAB Law and/or the Local Bond Law, N.J.S.A. 40A:2-1 et seq., as applicable.

  • He explained it is not bonding but there is no other term to call it, as that is what the RAB Law calls it.

Related to RAB Law

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