Acquisition of Project. (a) The Company hereby agrees to acquire the Project by acquiring, constructing, leasing and/or purchasing the same during the Project Period and to use its reasonable efforts to invest the Minimum Investment in the Project during such period. The Project will constitute a “project” and “economic development property” as defined in the Act. (b) With respect to the matters governed by this Agreement, the Company agrees to make all annual filings with the Department as required by law and to comply with Section 12-44-90(I) of the Act and any successor provisions. (c) The Company or the Company’s attorney shall cause a copy of this Agreement, as well as a copy of the completed form PT-443 of the Department, to be filed with the County Auditor, the County Assessor and the Department within thirty (30) days after the date of execution and delivery hereof.
Appears in 4 contracts
Sources: Fee Agreement, Fee Agreement, Fee Agreement