Inducement Resolution definition

Inducement Resolution means a resolution of the county setting forth the commitment of the county to enter into a fee agreement.

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Inducement Resolution means the resolution of the County Council adopted on June 16, 2015, authorizing the County to enter into the Fee Agreement.

Inducement Resolution means the Resolution of the County Council adopted on November 30, 2021, committing the County to enter into the Fee Agreement.

Examples of Inducement Resolution in a sentence

Prior to the adoption of the Inducement Resolution, no properties included in the Project, that are to be financed with the proceeds of the Bonds, had been acquired by the Company or any Related Person (as defined in the Code), and no physical work on the Project had been commenced by the Company or any Related Person, except to the extent permitted in such Inducement Resolution.
Except as permitted under the Code, none of such costs will be for or with respect to obligations paid or incurred prior to the adoption of the Inducement Resolution.
The parties understand that legal counsel to the County has estimated its fees and other expenses for the drafting of the Inducement Resolution and this Fee Agreement, the Multi-County Park Agreement and all resolutions, ordinances and other documentation related thereto at $2,000, and, absent unforeseen circumstances, such fees shall not exceed $2,500.
Purchaser shall promptly submit its application for the Inducement Resolution and diligently pursue same during the Investigation Period.
However, the nature and scope of the post-employment restrictions that are reasonable and necessary to balance the parties’ interests is an unresolved matter between the parties.

More Definitions of Inducement Resolution

Inducement Resolution means the resolution of the governing body of the Issuer adopted on February 7, 2006 granting initial approval of the financing of the Project. "Installment Loan Payment(s)" means payments required to be made by the Company to pay the Debt Service on the Bonds, as provided for in Section 6.4(b), (c), (d) and (f) of this Loan Agreement, including the principal of, premium, if any (whether at stated maturity, upon redemption prior to stated maturity, or upon acceleration of stated maturity), and interest on the Bonds when due.

Inducement Resolution means the Resolution of the County Council adopted on January 11, 2022, committing the County to enter into the Fee Agreement.

Inducement Resolution means the Resolution of the County Council adopted on August 23, 2022, committing the County to enter into the Fee Agreement.

Inducement Resolution means a resolution adopted by the

Inducement Resolution means the resolution adopted by the Board of Directors of the Issuer on May 30, 2000 preliminarily approving the 2002 Project and the issuance of the Bonds.

Inducement Resolution means the inducement resolution passed by County Council in which County identified the Project and expressed its intent to offer the economic development incentives provided for in this Fee Agreement.

Inducement Resolution means the resolution of the County Council adopted on September 1, 2020, authorizing the County to enter into this Agreement.