Common use of Binding Commitments Clause in Contracts

Binding Commitments. Pursuant to MCA §§ 27-31-104(4) and ▇▇-▇▇-▇▇▇, this Agreement constitutes a binding obligation of each Party hereto (including any future governing boards of the Local Authority) upon execution of this Agreement by Parties and approval by MDA up to and through the FIL Term, and no application or approval under MCA § ▇▇-▇▇-▇▇▇ is or shall be required.

Appears in 1 contract

Sources: Agreement to Make Payments in Lieu of Ad Valorem Taxes

Binding Commitments. Pursuant to MCA §§ 27-31-104(4) and ▇▇-▇▇-▇▇▇, this Agreement constitutes a binding obligation of each Party party hereto (including any future Inducer governing boards of the Local Authorityboard) upon execution of this Agreement by Parties each of the Taxing Authorities and the Company, and approval by MDA MDA, up to and through the FIL Term, and no application or approval under MCA § ▇▇-▇▇-▇▇▇ is or shall be required.

Appears in 1 contract

Sources: Agreement to Pay a Fee in Lieu of Ad Valorem Taxes

Binding Commitments. Pursuant to MCA §§ 27-31-104(4) and ▇▇-▇▇-▇▇▇, this Agreement constitutes a binding obligation of each Party hereto (including any future governing boards of the Local AuthorityCounty) upon execution of this Agreement by Parties the Taxing Authorities and the Company and approval by MDA up to and through the FIL Term, and no application or approval under MCA § ▇▇-▇▇-▇▇▇ is or shall be required.

Appears in 1 contract

Sources: Fee in Lieu of Ad Valorem Tax Agreement