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Common use of Satisfaction of Indebtedness Clause in Contracts

Satisfaction of Indebtedness. The City and the Agency agree that Net Available Increment may be used only in accordance with this Agreement, the DDA, including the Financing Plan, and the CCRL.

Appears in 8 contracts

Sources: Disposition and Development Agreement (Five Point Holdings, LLC), Tax Increment Allocation Pledge Agreement, Tax Increment Allocation Pledge Agreement

Related Clauses

  • Confirmation of Indebtedness
  • Subordination of Indebtedness
  • Cancellation of Indebtedness
  • Evidence of Indebtedness
  • Repayment of Indebtedness

Parent Clauses

  • Covenants
  • Collateral
  • Statement of Indebtedness Covenant to Allocate
  • CUSTODIAL FEES FOR STANDARD ASSETS
  • Designated Death Beneficiary

Sub-Clauses

  • Capitalization
  • Governmental Approvals
  • Financial Statements; Financial Condition; Undisclosed Liabilities; Pro Forma Balance Sheet; etc
  • The Security Documents
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