Examples of MRO in a sentence
If the Tax Increment Shortfall payment exceeds the amount of such MRO payment, Developer shall pay to the City an amount equal to the difference between such MRO payment and the Tax Increment Shortfall.
This request shall be presented to the MRO within seventy-two (72) hours of being notified of a positive result.
Provided that neither Developer nor Seller is in Default under this Agreement beyond the applicable cure period (if any), the City will deliver the MRO to Developer within sixty (60) calendar days after the City’s receipt the Commencement Notice.
In the event of a conflict between the terms of this Agreement and the terms of the MRO, the terms in this Agreement shall prevail.
This Agreement and the MRO shall not be assignable by Developer or Seller without the prior written consent of the City (which may be withheld by the City for any reason).