Taxpayer Payments definition

Taxpayer Payments means the Taxpayer Payments as defined in the Taxpayer Agreement attached hereto as Exhibit A.

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Taxpayer Payments means the Taxpayer Payments as defined in the Taxpayer Agreement.

Taxpayer Payments means the payments due from the Company pursuant to that certain Taxpayer Agreement executed by and among the Redevelopment Commission, the Issuer and the Company, dated as of October 1, 2024.

Examples of Taxpayer Payments in a sentence

• The Bonds, as to both principal and interest, are not an obligation or liability of the State of Indiana, or of any political subdivision or taxing authority thereof, but are a special limited obligation of the Issuer and are payable solely and only from TIF Revenues and Taxpayer Payments.

• The principal, interest and premium, if any, on the Bonds are payable solely and only from the TIF Revenues and Taxpayer Payments which payments are hereby specifically pledged and assigned to the payment thereof in the manner and to the extent herein specified, and nothing in the Bonds or in this Indenture should be considered as pledging any other funds or assets of the Issuer.

• If TIF Revenues and Taxpayer Payments on deposit in the Bond Fund are not sufficient to pay the principal and interest then due, TIF Revenues and Taxpayer Payments shall be applied first to pay unpaid interest and then to unpaid and due principal; provided, however, that no interest shall be due or paid on any unpaid interest.

• Nothing herein should be construed as requiring Issuer to deposit or cause to be paid to Trustee for deposit in the Bond Fund, funds from any source other than receipts derived from the TIF Revenues and Taxpayer Payments.

• The Trustee shall establish and maintain, so long as any of the Bonds are outstanding, a separate fund to be known as the "Bond Fund." Money in the Bond Fund shall be applied as provided in this Section 4.2. There shall be deposited in the Bond Fund, as and when received by the Trustee: (a) TIF Revenues as provided in Section 4.6. ; (b) Taxpayer Payments, if any; and (c) all interest and other income derived from investments of Bond Fund moneys as provided herein.

More Definitions of Taxpayer Payments

Taxpayer Payments means the Supplemental Payments due from the Company pursuant to the Taxpayer Agreement.

Taxpayer Payments means those certain payments made by [Riverwalk Partners, LLC]

Taxpayer Payments means the payments received under the Taxpayer Agreement and deposited in the Allocation Fund during the term the Series 20 A Bonds are outstanding.]

Taxpayer Payments means payments made by Company pursuant to an obligation of Company to guarantee, for each semiannual period, receipt by Trustee of an amount of revenue sufficient to make debt service payments on the Series 2024 Bonds, which obligation shall be a lien on the Project, all as further defined and provided in the Taxpayer Agreement and in the Indenture.

Taxpayer Payments means payments made by Company pursuant to an obligation of Company to guarantee, for each semi-annual period, receipt by Trustee of an amount of revenue sufficient to make debt service payments on the Series 2024 Bonds, which obligation shall be a lien on the Project, all as further defined and provided in the Taxpayer Agreement and in the Indenture. "TIF Pledge Resolution" means the resolution of the Redevelopment Commission adopted on [May 28], 2024, pledging TIF Revenues and Taxpayer Payments to the Issuer for the payment of debt service on the Series 2024 Bonds.

Taxpayer Payments means the payments received under the Taxpayer Agreement and deposited in the Allocation Fund for the purpose of paying a deficiency in the Tax Increment received by Redevelopment Commission up to a maximum annual amount of $__________.

Taxpayer Payments means the payments due from the Company pursuant to that certain Taxpayer Agreement executed by and among the Redevelopment Commission, the Issuer and the Company, dated as of , 2023.