Improvement District. Borrower shall not consent to, vote in favor of, or directly or indirectly advocate or assist in the incorporation of any part of the Property into any improvement or community facilities district, special assessment district or other district without Bank’s prior written consent in each instance.
Improvement District. Without Lender's prior written consent, -------------------- Borrower shall not, directly or indirectly, advocate or assist in the incorporation of any of the Property or Improvements into any improvement or other assessment district.
Improvement District. The Loan Parties shall not vote in favor of, or directly or indirectly advocate or assist in the incorporation of any part of the Real Property or the Project into any improvement or community facilities district, special assessment district or other district without the Agent's prior written consent in each instance.
Improvement District. 13 4.12 Delay....................................................................................... 13 4.13 Bonds....................................................................................... 13 4.14
Improvement District. The School District, on behalf of itself and the 2008-1 Improvement District, hereby represents, and warrants to, and covenants with, the Underwriter that:
Improvement District. The term "Improvement District" shall mean and refer to City of Tempe Improvement District No. 179.
Improvement District. If requested by the Developer, the City agrees to form the Improvement District pursuant to the Improvement District Law, which the Developer anticipates would be used to obtain tax-exempt financing in connection with the construction of public improvements, constructing additional public improvements and owning and operating certain public improvements, and to levy assessments as permitted by such law. The Developer agrees to file a petition as contemplated by the Improvement District Law and to subject the Property to being assessed thereunder for the payment of debt service on the Improvement District Bonds for the construction, operation, repair and maintenance of the improvements owned by the Improvement District from time to time. If requested by the Developer and to the extent permitted by the Constitution and laws of the State of Alabama, the Improvement District may petition the City to levy and collect assessments against all property within the Improvement District or any designated portion thereof in accordance with the provisions of the Alabama Improvement District Law.
Improvement District. Borrower shall not consent to, vote in favor of, or directly or indirectly advocate or assist in the incorporation of any of the Real Property into any improvement or other special tax or assessment district without CCRC’s prior written consent in each instance, which such consent shall not be unreasonably withheld or delayed.
Improvement District. The Property is not situated within any metropolitan, local, special, or other improvement district and Borrowers have no knowledge of any proposal under which the Property or the Project is to be placed in any such improvement district. Borrowers shall not consent or agree to the inclusion of the Property in an improvement district of any kind without the written consent of Lender so long as any portion of the Loan remains unpaid.
Improvement District. Notwithstanding anything to the contrary in this Lease, Lessor and Xxxxxx acknowledge and agree that the Parcel may be included within the boundaries of a City or county special assessment or improvement district; provided, however, that any assessment or lien shall attach and encumber only Lessee’s Leasehold Estate and the Improvements. Lessee shall furnish Lessor with the amounts of assessments and charges of every character levied against the Leasehold Estate or the Improvements as soon as the assessments are charged or levied. Xxxxxx agrees to make timely payment of all assessment charges. If any installment of any assessment or charge against Xxxxxx’s Leasehold Estate is not paid when due, then such nonpayment shall be a default under this Lease. If the delinquent amounts against the Leasehold Estate and Improvements are not paid within thirty (30) days from the date due, then Lessor may exercise the rights under Section 18.1 or may act to terminate this Lease. This Section shall not be construed as constituting a lien against the fee interest of Lessor in the Parcel, nor any obligation against Lessor to pay charges or assessments imposed pursuant to an improvement plan. No action of any nature may be brought to forfeit, terminate or foreclose Lessor’s title or fee interest in the Parcel for failure of Lessee to pay any assessment.
