COLLECTION OF SPECIAL ASSESSMENTS Sample Clauses

COLLECTION OF SPECIAL ASSESSMENTS. (A) The Agency shall be solely responsible for professionally coordinating all interface with the tax collector or property appraiser, and minimize to the greatest extent reasonably possible the time, effort and attention of these public officials to accomplish the public purposes and direction of the Supplemental Act subscribed to by the Subscriber. Subscriber hereby respectfully requests and encourages the tax collector or property appraiser to only impose, charge, or deduct the minimum amount allowed by general law for the collection or handling of the Special Assessments which are the subject of this Subscription Agreement.
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COLLECTION OF SPECIAL ASSESSMENTS. (A) The Agency shall be solely responsible for professionally coordinating all interface with the tax collector or property appraiser, and minimize to the greatest extent reasonably possible the time, effort and attention of these public officials to accomplish the public purposes and direction of the Supplemental Act subscribed to by the Subscriber. The Agency shall ensure and be responsible for compliance with all laws, rules and regulations in the imposition and collection of any Special Assessments levied upon property owned by participating property owners who have entered into a Financing Agreement. Subscriber hereby respectfully requests and encourages the tax collector or property appraiser to only impose, charge, or deduct the minimum amount allowed by general law for the collection or handling of the Special Assessments which are the subject of this Subscription Agreement.
COLLECTION OF SPECIAL ASSESSMENTS. (a) The City covenants and agrees that it shall, as authorized by the PID Act and other applicable law, continuously collect or cause to be collected Special Assessments levied pursuant to the Assessment Plan during the term of this Agreement in the manner and to the maximum extent permitted by applicable law. The City covenants and agrees that to the extent permitted by applicable law, it will not permit a reduction, abatement, or exemption in the Special Assessments due on any portion of the Property until the PID Bonds secured by that particular portion of the Property are no longer outstanding, whether as a result of payment in full or in part, defeasance or otherwise and until the Owner has been reimbursed for the unreimbursed Costs eligible to be paid from the Special Assessments; provided that certain portions of the Property, as defined in the Assessment Plan, will not be subject to the Special Assessments. The City shall use good and sound practices to collect, or cause to be collected, the Special Assessments consistent with the City’s policies and standard practices applicable to the collection of City taxes and assessments, as permitted by law.
COLLECTION OF SPECIAL ASSESSMENTS. (d)(a) The City covenants and agrees that it shall, as authorized by the PID Act and other applicable law, continuously collect or cause to be collected Special Assessments levied pursuant to the Assessment Plan during the term of this Agreement in the manner and to the maximum extent permitted by applicable law. The City covenants and agrees that to the extent permitted by applicable law, it will not permit a reduction, abatement, or exemption in the Special Assessments due on any portion of the Property until the PID Bonds secured by that particular portion of the Property are no longer outstanding, whether as a result of payment in full or in part, defeasance or otherwise and until the Owner has been reimbursed for the unreimbursed Costs eligible to be paid from the Special Assessments; provided that certain portions of the Property, as defined in the Assessment Plan, will not be subject to the Special Assessments. The City shall use good and sound practices to collect, or cause to be collected, the Special Assessments consistent with the City’s policies and standard practices applicable to the collection of City taxes and assessments, as permitted by law. It is hereby acknowledged that (e)(b) The Special Assessments can be used for the following purposes: (i) after completion of the applicable PublicAuthorized Improvements (or Segments), but prior to the issuance of PID Bonds for those PublicAuthorized Improvements secured by assessments levied on a specific Improvement Area, Owner will be reimbursed for Costs associated with those PublicAuthorized Improvements (or Segments) from Special Assessment Revenues collected by the City from the Improvement Area in question pursuant to an applicable Acquisition and Reimbursement Agreement and (ii) after PID Bonds are issued secured by any assessments levied on a specific Improvement Area, the Special Assessment Revenues from such Improvement Area will be used first to fund debt service, prepayment and delinquency reserves and Administrative Expenses payable for such year pursuant to the Indenture, and second, to the extent (and only to the extent) any such Special Assessment Revenues are remaining, to reimburse Owner for any Costs not reimbursed by the PID Bonds, subject to the use of Special Assessments to secure Parity Bonds as provided herein.. Any reimbursement obligation to Owner under an Acquisition and Reimbursement AgreementSections 4.01, 4.02, or 4.03 hereof or from Special Assessments as provided abo...
COLLECTION OF SPECIAL ASSESSMENTS. 6 Section 2.04. Approval and Recordation of Special Assessments through Landowner AgreementCertificate 7 Section 2.05. Costs 7 Section 2.06. Obligations Secured by Special Assessments. 9

Related to COLLECTION OF SPECIAL ASSESSMENTS

  • Special Assessments Sellers shall pay all special assessments which are a lien on the Real Estate as of the date of this contract. All other special assessments shall be paid by Xxxxxx.

  • Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. Xxxxx is responsible for all subsequent real estate taxes.

  • Special Assessment Liens Certified, confirmed, and ratified special assessment liens as of the Closing will be paid by the Seller. If a certified, confirmed, and ratified special assessment is payable in installments, the Seller will pay all installments due and payable on or before the Closing, with any installment for any period extending beyond the Closing prorated, and the Buyer will assume all installments that become due and payable after the Closing. The Buyer shall be responsible for all assessments of any kind which become due and owing after the Closing, unless an improvement is substantially completed as of the Closing. If an improvement is substantially completed as of the Closing but has not resulted in a lien before Closing, the Seller will pay an amount of the last estimate of the assessment. This subsection applies to special assessment liens imposed by a public body and does not apply to condominium association special assessments.

  • COLLECTION OF CHARGES 16.1 A Sector Association may request the consent of the Administrator to collect charges due from Operators to the Administrator in respect of facilities under the charging scheme.

  • Security Assessments Upon advance written notice by the JBE, Contractor agrees that the JBE shall have reasonable access to Contractor’s operational documentation, records, logs, and databases that relate to data security and the Contractor’s Information Security Program. Upon the JBE’s request, Contractor shall, at its expense, perform, or cause to have performed an assessment of Contractor’s compliance with its privacy and data security obligations. Contractor shall provide to the JBE the results, including any findings and recommendations made by Contractor’s assessors, of such assessment, and, at its expense, take any corrective actions.

  • Payment of Taxes The Company shall from time to time promptly pay all taxes and charges that may be imposed upon the Company or the Warrant Agent in respect of the issuance or delivery of shares of Common Stock upon the exercise of the Warrants, but the Company shall not be obligated to pay any transfer taxes in respect of the Warrants or such shares of Common Stock.

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