Protection of Tax Exempt Status of the Project. In order to insure that the Project is not and will not become subject to ad valorem property taxes under the laws of the State or any political subdivision thereof, the Parties covenant that:
Appears in 2 contracts
Samples: Tax and Special Source Credit Agreement, Tax and Special Source Credit Agreement
Protection of Tax Exempt Status of the Project. In order to insure that the Project is not and will not become subject to ad valorem property taxes under the laws of the State or any political subdivision thereof, the Parties County and the Company covenant that:
Appears in 2 contracts
Samples: Tax and Incentive Agreement, Tax and Incentive Agreement