Common use of Statutorily Required Recapitulation Clause in Contracts

Statutorily Required Recapitulation. Pursuant to Section 12-44-55(B), the County and the Company agree to waive the recapitulation requirements of Section 12-44-55. If the Company should be required to retroactively comply with the recapitulation requirements of Section 12-44-55, then the County agrees to waive all penalties and fees of the County for the Company’s noncompliance.

Appears in 6 contracts

Sources: Fee in Lieu of Ad Valorem Taxes and Special Source Revenue Credit Agreement, Fee Agreement, Fee Agreement

Statutorily Required Recapitulation. Pursuant to Section 12-44-55(B), the County and the Company agree to waive the recapitulation requirements of Section 12-44-55. If the Company should be required to retroactively comply with the recapitulation requirements of Section 12-44-55, then the County agrees to waive all penalties and fees of the County for the Company’s noncompliance. However, the Company shall provide the County with a summary of the terms of this fee agreement.

Appears in 1 contract

Sources: Fee Agreement

Statutorily Required Recapitulation. Pursuant to Section 12-44-55(B), the County and the Company agree to waive the recapitulation requirements of Section 12-44-55. If the Company should be required to retroactively comply with the recapitulation requirements of Section 12-44-55, then the County agrees to waive all penalties and fees of the County for the Company’s noncompliance.

Appears in 1 contract

Sources: Fee Agreement