Invalid Payments. If any payment to Developer is held invalid, ineligible, illegal or unenforceable under applicable federal, state or local laws, then and in that event, Developer shall repay such payment in full to the City for deposit into the TIRZ Fund.
Appears in 11 contracts
Samples: Project Development Agreement, MLK Place Project Development Agreement, Funding Agreement
Invalid Payments. If any payment to Developer is held invalid, ineligible, illegal or unenforceable under applicable federal, state state, or local laws, then and in that event, Developer shall repay such payment in full to the City for deposit into the TIRZ Fund.
Appears in 2 contracts
Samples: Broadway East by Encore Development Agreement, Nabors Project Development Agreement
Invalid Payments. If any payment to Developer is held invalid, ineligible, illegal or unenforceable under applicable federal, state or local laws, then and in that eventevent it is the intention of the Parties that such invalid, Developer ineligible, illegal or unenforceable payment shall repay such payment be repaid in full by Developer to the City for deposit into the TIRZ FundFund and that the remainder of this Agreement shall be construed as if such invalid, illegal or unenforceable payment was never contained herein.
Appears in 1 contract
Samples: Mobile Food Truck Park Project Development Agreement
