PROCESSING OF PAYMENT REQUESTS Sample Clauses

PROCESSING OF PAYMENT REQUESTS. Board-authorized reimbursements of Available Tax Increment Funds shall be made solely to Developer, and shall not be unreasonably denied provided that the City has no active claim for reimbursement under this section.
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PROCESSING OF PAYMENT REQUESTS. Board authorized reimbursements shall be made available to the City within 60 days after the deposit of the City's Tax Increment Payment to the TIF Fund, subject to availability, priority of payment and the requirements herein.
PROCESSING OF PAYMENT REQUESTS. Payment shall be made available to the City within 60 days, subject to availability, priority of payment and the requirements herein.

Related to PROCESSING OF PAYMENT REQUESTS

  • Notice of Payment of Termination Payment As soon as practicable after a liquidation, Notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to the Non-Defaulting Party. The Notice shall include a written statement explaining in reasonable detail the calculation of such amount and the sources for such calculation. The Termination Payment shall be made to the Non-Defaulting Party, as applicable, within ten (10) Business Days after such Notice is effective.

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