Examples of TIF Note in a sentence

At the option of the Authority, the Authority shall make a grant to Redeveloper in such amount, and such grant shall offset TIF Note Purchaser’s obligation to purchase the TIF Note.
The TIF Note may only be assigned pursuant to the terms of the TIF Note.
All such payments shall be applied first to accrued interest and then to reduce the principal of the TIF Note.
This Court has held that Congress intended Section 1983 to provide a powerful civil remedy “against all forms of official violation of federally protected rights.” Monell v.
During the period that the payments are subject to suspension the EDA may make partial payments on the TIF Note if it determines, in its sole and absolute discretion that the amount retained will be sufficient to cover any repayment which the County may require.

More Definitions of TIF Note

TIF Note means the Tax Increment Revenue Note (Shoreview Ridge LLC Apartments Project) to be executed by the City and delivered to the Developer pursuant to Article III hereof, the form of which is attached hereto as Exhibit B; and Unavoidable Delays means delays, outside the control of the party claiming its occurrence, which are the direct result of strikes, other labor troubles, unusually severe or prolonged bad weather, acts of God, fire or other casualty to the Project, litigation commenced by third parties which, by injunction or other similar judicial action or by the exercise of reasonable discretion, directly results in delays, or acts of any federal, state or local governmental unit (other than the City) which directly result in delays.

TIF Note means the Tax Increment Limited Revenue Note, substantially in the form contained in Schedule A attached to the Authorizing Resolution, to be delivered by the Authority to the Developer pursuant to Section 3.4(a) hereof and payable from Available Tax Increment received from the TIF District.

TIF Note means the Tax Increment Revenue Note (Oasis at Twin Lakes Project), as shown in Exhibit A of the Authorizing Resolution set forth in Schedule B attached hereto.

TIF Note means the Taxable Tax Increment Revenue Note (Wiha Tools Project), substantially in the form attached hereto as Exhibit B, to be delivered by the City to the Developer in accordance with Sections 3.1 and 3.2 hereof.

TIF Note means the Tax Increment Revenue Note (SA Senior Living LLC) to be executed by the HRA and delivered to the Developer pursuant to Article 5 hereof, the form of which is attached hereto as Exhibit F.

TIF Note means the Tax Increment Revenue Note (Xxxxxxxx Properties #630, LLC Project) to be executed by the City and delivered to the Developer pursuant to Article III hereof, the form of which is attached hereto as Exhibit B; and Unavoidable Delays means delays, outside the control of the party claiming its occurrence, which are the result of strikes, other labor troubles, unusually severe or prolonged bad weather, acts of God, global pandemic (including the current pandemic known as COVID-19), epidemic, fire or other casualty to the Project, litigation commenced by third parties which, by injunction or other similar judicial action or by the exercise of reasonable discretion, results in delays, or acts of any federal, state or local governmental unit other than the City.

TIF Note the pay-as-you-go note designated as the Tax Increment Revenue Note, Series 2018, dated , 2018, issued by the Authority in the maximum principal amount of $3,648,000 in favor of the Borrower and pledged by the Borrower to the Trustee, at the direction of the Borrower, pursuant to the Loan Agreement and the Security Agreement to secure the Subordinate Bonds. assigns.