Common use of Value and Term of Abatement Clause in Contracts

Value and Term of Abatement. a. This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 2023. In no event shall this agreement extend beyond December 31, 2023. This Agreement shall terminate upon the completion of the abatements, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us

AutoNDA by SimpleDocs

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232022. In no event shall this agreement Agreement extend beyond December 31, 20232022. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. OwnerOwner and Xxxxxx’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County District or Owner, whichever is later and later. This Agreement shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232021. In no event shall this agreement Agreement extend beyond December 31, 20232021. This Agreement shall terminate upon the completion of the abatementsAbatements, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County District any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: Agreement

Value and Term of Abatement. a. This Agreement shall be effective on the date executed by County District or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 2023. In no event shall this agreement extend beyond December 31, 2023. This Agreement shall terminate upon the completion of the abatements, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County District any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us:8085

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or and Owner, whichever is later later, and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232021. In no event shall this agreement Agreement extend beyond December 31, 20232021. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. OwnerOwner and Xxxxxx’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232022. In no event shall this agreement Agreement extend beyond December 31, 20232022. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us

Value and Term of Abatement. a. This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 202331 of the last day of the abatement period. In no event shall this agreement Agreement extend beyond December 31, 202331 of the tenth year of the abatement period. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. Owner’s obligation Owners’ obligations upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: Tax Abatement Agreement

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 2023. In no event shall this agreement Agreement extend beyond December 31, 2023. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232024. In no event shall this agreement Agreement extend beyond December 31, 20232024. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: Texas Instruments Incorporated

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232024. In no event shall this agreement Agreement extend beyond December 31, 20232024. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. OwnerOwner and Lessee’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us

AutoNDA by SimpleDocs

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232017. In no event shall this agreement Agreement extend beyond December 31, 20232017. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. OwnerOwner and Lessee’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: Tax Abatement Agreement

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or OwnerDistrict, Owner and Lessees, whichever is later later, and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232019. In no event shall this agreement Agreement extend beyond December 31, 20232019. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County District any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us:8085

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County District or Owner, whichever is later and later. This Agreement shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232025. In no event shall this agreement Agreement extend beyond December 31, 20232025. This Agreement shall terminate upon the completion of the abatementsAbatements, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County District any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: Agreement

Value and Term of Abatement. a. This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with on the terms hereof) on December 31, 202331st of the final year of the ten-year term of the Abatement. In no event shall this agreement Agreement extend beyond December 31, 2023. This Agreement shall terminate upon the completion expiration of the abatements, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until ten-year term of the abated taxes are paidAbatement.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us:8085

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or OwnerCounty, Owner and Lessees, whichever is later later, and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232019. In no event shall this agreement Agreement extend beyond December 31, 20232019. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: agendalink.co.fort-bend.tx.us

Value and Term of Abatement. a. (a) This Agreement shall be effective on the date executed by County or Owner, whichever is later and shall terminate (unless earlier terminated in accordance with the terms hereof) on December 31, 20232019. In no event shall this agreement Agreement extend beyond December 31, 20232019. This Agreement shall terminate upon on the completion of the abatementsabatement, unless earlier terminated as provided elsewhere herein. Owner’s obligation upon default to pay to County any taxes abated under this Agreement shall not terminate until the abated taxes are paid.

Appears in 1 contract

Samples: Tax Abatement Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.