Common use of Tax Increment Clause in Contracts

Tax Increment. ▇▇▇▇▇▇▇▇▇ agrees and acknowledges that it has no rights to the tax increment generated by the TIF District. Reimbursement to Developer is limited solely to the TIF Bond Proceeds as set forth herein.

Tax Increment. ▇▇▇▇▇▇▇▇▇ Developer agrees and acknowledges that it has no rights to the tax increment generated by the TIF District. Reimbursement to Developer is limited solely to the TIF Bond Proceeds as set forth herein.