OPTION TO TERMINATE AGREEMENT. In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, prior to the commencement of the Tax Limitation
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Sources: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes
OPTION TO TERMINATE AGREEMENT. In the event the that (i) Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, Investment prior to the commencement beginning of the Tax LimitationLimitation Period and notifies the District of Applicant’s unilateral determination to terminate this Agreement prior to the beginning of the Tax Limitation Period, or
Appears in 3 contracts
Sources: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes
OPTION TO TERMINATE AGREEMENT. In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, prior to the commencement of the Tax LimitationTax
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OPTION TO TERMINATE AGREEMENT. In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, prior to the commencement of the Tax LimitationLimitation Period, to terminate this Agreement pursuant to Section 7.1 by notifying the District in writing of its exercise of such option. Applicant shall pay any payments due and not yet paid as of termination
Appears in 1 contract
OPTION TO TERMINATE AGREEMENT. In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, prior to the commencement of the Tax LimitationLimitation Period, to terminate this Agreement pursuant to Section 7.1 by notifying the District in writing of
Appears in 1 contract
OPTION TO TERMINATE AGREEMENT. In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, prior to the commencement of the Tax LimitationLimitation Period, to terminate this Agreement by notifying the District in writing of its exercise of such option. In addition to any payment otherwise due from the Applicant to the District under Articles IV, V, and VI of this Agreement. Any termination of this Agreement under the foregoing provision of this Section 4.10 shall be effective immediately.
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OPTION TO TERMINATE AGREEMENT. In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified InvestmentInvestment during the Qualifying Time Period, the Applicant shall have the option, prior to the commencement of the Tax LimitationLimitation Period, to terminate this Agreement by notifying the District in writing of its exercise of such option. In such event, any payment due from the Applicant to the District under Articles IV, V, and VI of this Agreement shall be due to the District within thirty
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OPTION TO TERMINATE AGREEMENT. In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, prior to the commencement beginning of the Tax LimitationLimitation Period, to terminate this
Appears in 1 contract