Taxpayer Agreement definition
Examples of Taxpayer Agreement in a sentence
The indemnity provided by this Section 3.5 shall survive the resignation or removal of the Trustee and the termination of the Indenture, the Taxpayer Agreement and this Financing Agreement.
Nothing in this Agreement or the Taxpayer Agreement shall be deemed to release Company from any obligation to pay Real Estate Taxes or Assessments on the Mixed-Use Parcel regardless of when payable or assessed.
In the event of a redemption of the Securities, the Company will not be required (a) to register the transfer of or exchange Securities for a period of 15 days immediately preceding the date notice is given identifying the serial numbers of the Securities called for such redemption or (b) to register the transfer of or exchange any Security, or portion thereof, called for redemption.
For the avoidance of doubt, any Payments made by any entity making payments of Real Estate Taxes on the Mixed-Use Project Site in excess of the Projected Mixed-Use TIF Revenue (as set forth in a recorded Taxpayer Agreement or Agreement for Payments in Lieu of Taxes) for that particular portion of the Mixed-Use Project Site shall first be used to offset any shortfall or Supplemental Payments to be made by the Developer.
As soon as the Deposit Trustee determines that the deposit required by this Section 5(b) from the sources listed in (i) through (iii) above will not be made, the Deposit Trustee shall provide written notice to the RDC and the Developer of the necessity that the Developer make a taxpayer payment under the Taxpayer Agreement.