Tax Abatement Program definition

Tax Abatement Program means the program pursuant to which the Tax Abatement Agency administers the Tax Abatement, the name of which is listed in Section 1.05.

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Tax Abatement Program means [INSERT STATUTORY CODE REFERENCE], known as the [INSERT NAME OF TAX ABATEMENT TAX ABATEMENT PROGRAM] pursuant to which the Tax Abatement Agency administers the Tax Abatement.

Tax Abatement Program means the [ADD CITATION FOR EXEMPTION UNDER STATE LAW] pursuant to which the Tax Abatement Agency administers the Tax Abatement.

Examples of Tax Abatement Program in a sentence

• The ▇▇▇▇▇ Act Property Tax Abatement Program was established by the state of California in 1972 to encourage the preservation of historic properties.

• The City may terminate the Tax Abatement Program and this Agreement at an earlier date if an Event of Default occurs and the City rescinds or cancels this Agreement as more fully set forth in Article IV herein.

• In furtherance of the foregoing, Tenant and Tenant’s contractor must cooperate in filing documents required by the Department of Finance and the Department of Business Services of the City of New York in the procurement of an ICIP exemption, the Lower Manhattan Energy Program Abatement, and the Lower Manhattan Real Property Tax Abatement Program, as applicable.

• The City has determined to waive its standard requirement that the Developer pay all the City’s out of pocket costs incurred by the City, including staff and consultant (including legal, financial adviser, etc.) costs of the City, attributable to or incurred in connection with establishing the Tax Abatement Program and review, negotiation and preparation of this Agreement.

• Representatives of the Designating Units of Government and Representatives of Taxing Bodies participating in the DeKalb County Enterprise Zone Property Tax Abatement Program who do not currently serve on the EDC Executive Committee will be ex-officio, non-voting member of the Advisory Board.

• In the event of damage or destruction of the Project that (i) Developer chooses not to repair or rebuild, or (ii) Developer does not commence and diligently pursue such repair or rebuilding within one hundred eighty (180) days after such event of damage or destruction, the City may, with written notice to Developer, terminate this Agreement and discontinue such Tax Abatement Program for the Project as of the date of such event of damage or destruction.

• If the applicable authority elects not to include the Property in the Tax Abatement Program or if the Property is included in the Tax Abatement Program and thereafter removed therefrom at any point during the Lease Term for any reason, Tenant's obligations under this Lease shall not be affected.

• The City and the Developer will each pay their own costs attributable to or incurred in connection with establishing the Tax Abatement Program and review, negotiation and preparation of this Agreement.

• Tenant agrees that Owner shall have no liability to Tenant nor shall Tenant be entitled to any abatement or diminution of rent if Tenant fails to obtain a certificate of abatement under the Tax Abatement Program.

• Upon satisfaction of all conditions required by law to implement the terms of this Agreement, including without limitation to establishment of a Tax Abatement Program after a public hearing, and satisfaction of the conditions set forth in Section 3.3(1) and 3.3(2) and the other terms of this Agreement, the City and the EDA have agreed to provide certain financial assistance to the Developer as hereinafter set forth.

More Definitions of Tax Abatement Program

Tax Abatement Program means holistically all processes, procedures, policies, regulations and laws that the District follows in implementing and monitoring tax exemptions with the City and/or County. Also referred to herein as the “Program”

Tax Abatement Program means Section 100.300-100.620 R. S. Mo. and Chapter 353, R.S. Mo. pursuant to which the Tax Abatement Agency administers the Tax Abatement.

Tax Abatement Program means the program of tax abatements pursuant to Minnesota Statutes, Sections 469.1812 to 469.1815, approved by resolution of the County Board adopted July 5, 2006.

Tax Abatement Program means Title 4 of The New York Real Property Tax Law.

Tax Abatement Program means the Residential Tax Abatement Policy approved in the Abatement Resolutions, pursuant to Minnesota Statutes, Section 469.1812 through 469.1815, as amended, and undertaken in support of the Project;