Common use of Priority Lien Status Clause in Contracts

Priority Lien Status. The County’s right to receive FILOT payments hereunder shall have a first priority lien status pursuant to Sections 12-44-90(E) and (F) of the FILOT Act and Chapters 4, 49, 51, 53, and 54 of Title 12 of the Code.

Appears in 87 contracts

Sources: Fee in Lieu of Tax and Special Source Credit Agreement, Fee in Lieu of Tax and Special Source Credit Agreement, Fee in Lieu of Tax Agreement

Priority Lien Status. The County’s right to receive FILOT payments Payments hereunder shall have a first priority lien status pursuant to Sections 12-44-90(E) and (F) of the FILOT Act and Chapters 4, 49, 51, 53, and 54 of Title 12 of the Code.

Appears in 41 contracts

Sources: Fee in Lieu of Tax and Special Source Credit Agreement, Fee in Lieu of Tax and Special Source Credit Agreement, Fee in Lieu of Tax Agreement

Priority Lien Status. The County’s right to receive FILOT payments Payments hereunder shall have a first priority lien status pursuant to Sections 12-44-90(E) and (F) of the FILOT Act and Chapters 4, 49, 51, 53, and 54 of Title 12 of the Code.

Appears in 30 contracts

Sources: Fee in Lieu of Tax Agreement, Fee in Lieu of Tax and Special Source Credit Agreement, Fee in Lieu of Tax and Special Source Credit Agreement

Priority Lien Status. The County’s right to receive FILOT payments hereunder shall have a first priority lien status pursuant to Sections 12-44-90(E) and (F) of the Negotiated FILOT Act and Chapters 4, 49, 51, 53, and 54 of Title 12 of the Code.

Appears in 3 contracts

Sources: Fee in Lieu of Tax and Incentive Agreement, Fee in Lieu of Tax and Incentive Agreement, Fee in Lieu of Tax and Incentive Agreement

Priority Lien Status. The County’s right to receive FILOT payments hereunder shall have a first priority lien status pursuant to Sections 12-44-90(E) and (F) of the FILOT Act and Chapters 4, 49, 51, 53, and 54 of Title 12 of the Code.

Appears in 3 contracts

Sources: Fee in Lieu of Tax and Special Source Credit Agreement, Fee in Lieu of Tax and Special Source Credit Agreement, Fee in Lieu of Tax Agreement