and RIF Sample Clauses

and RIF. In accordance with the Economic Development Agreement and the Ordinance, the Note is payable solely and only from RIF and the Net TIF Revenues. In accordance with Section 5(a) of the Pledge Resolution, on each January 15 and July 15, beginning on July 15, 2020, Net TIF Revenues and RIF will be deposited by the Redevelopment Commission into the into the Debt Service Account and immediately transferred and deposited by the Clerk-Treasurer into the Sinking Fund. In accordance with Sections 3(b) and 7(c) of the Ordinance, the Clerk-Treasurer will use the all Pledged Net TIF Revenues and RIF deposited in the Sinking Fund to pay the principal of and interest on the Note.
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Related to and RIF

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  • and 2 3.2 of the Agreement shall be deleted in their entirety and replaced by the following:

  • and 4 3.2 of the Agreement shall be deleted in their entirety and replaced by the following:

  • and 6 4.1(b));

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