Prohibited Imposition definition
Prohibited Imposition means any Imposition levied by the Issuer, including any surcharge, “restoration fee,” levy or similar tax, charge or fee, which is specifically imposed on or payable solely by the Facilities, the Facility Premises, the use of the Facilities, or the Tenant and not imposed on or payable by any other properties, uses, entities of a general use, class, geographic area or district defined in State statute, the city charter of the Issuer, or city ordinances of the Issuer. Prohibited Impositions shall not include any special assessment for public improvements or to ▇▇▇▇▇ nuisances pursuant to Chapter 226 or Chapter 227 of the Code of Ordinances.
Examples of Prohibited Imposition in a sentence
During the Term, Issuer covenants and agrees that it will not impose or receive (and if received, shall pay promptly pay over to Tenant) any Prohibited Imposition.
Additionally, following the No Imposition Period, the City shall not create or impose a Prohibited Imposition that would be retroactively applied to the No Imposition Period.