Taxpayer Payments definition

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

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 Company covenants to pay all debt service due on the Bonds plus Annual Fees (as defined in the Indenture), to the extent the TIF Revenues and Taxpayer Payments are insufficient for such purposes.

• The Issuer represents and warrants that the TIF Pledge Resolution of the Redevelopment Commission was validly adopted and constitutes a valid and binding obligation of the Issuer, enforceable against the Issuer in accordance with its terms, to pledge the TIF Revenues and the Taxpayer Payments to repayment of the Bonds.

• This Financing Agreement provides for the payment by the Commission of the Series 2024 Bonds from: (i) TIF Revenues; (ii) Taxpayer Payments made under certain circumstances pursuant to the Taxpayer Agreement between the Redevelopment Commission and Company (each as defined herein); and (iii) Bond proceeds.

• The Series 2024 Bonds issued under the Indenture will be payable solely out of TIF Revenues, Taxpayer Payments, Bond proceeds (less costs of issuance) and Net Proceeds.

• All of the foregoing is for the benefit of the holders of the Series 2024 Bonds, to the end that industry and the economy may be diversified and job opportunities promoted and retained, and to secure the Series 2024 Bonds by pledging the TIF Revenues and Taxpayer Payments to the Trustee.

More Definitions of Taxpayer Payments

Taxpayer Payments means the payments due from the Company pursuant to the Taxpayer Agreement.]

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

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 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 Taxpayer Payments as defined in the Taxpayer Agreement and Consent to Real Property Tax Lien attached to the Financing Agreement as Exhibit A.