Examples of Exempt Period in a sentence
He indicated the police would not be enforcing it because it was a private access, but the North Davis Fire District had authority to enforce any issues if necessary.
The Issuer and the Company acknowledge that, prior to the Bond Financed Portion of the Project being determined to be Exempt Property, an order from the Board of Tax Appeals approving tax abatement on the Bond Financed Portion of the Project for the Exempt Period must be obtained.
During the Exempt Period, and so long as the Bonds are outstanding, the Issuer agrees to use its best efforts to cause the Bond Financed Portion of the Project to be and remain Exempt Property.
The Company acknowledges and agrees that the Tax Payment, the Exempt Period and the other terms of the tax abatement granted by the City with respect to such other projects may be more favorable than the terms provided for in this Agreement.
Company hereby represents that the Project is not included within the list of prohibited purposes listed in K.S.A. 79-250 and agrees that during the Exempt Period, the Project Site will not be used for any such purposes.