Common use of Prohibited Facilities Clause in Contracts

Prohibited Facilities. During the Abatement Term, the Property may not include any of the prohibited facilities included in Indiana Code 6-1.1-12.1-3(e). If such prohibited facilities are allowed on the Property then the tax abatement shall be terminated.

Appears in 3 contracts

Sources: Tax Abatement Agreement, Tax Abatement Agreement, Tax Abatement Agreement