TIF Note means a Tax Increment Revenue Note, substantially in the form attached hereto as EXHIBIT B, to be delivered by the Authority to the Developer pursuant to Section 3.4 hereof, and any obligation issued to refund the TIF Note.
TIF Note means the Tax Increment Revenue Note (Xxxxxxxxxx Rentals LLC Project) to be executed by the City and delivered to the Developer pursuant to Article III hereof, the form of which is attached hereto as Exhibit B; and Unavoidable Delays means delays, outside the control of the party claiming its occurrence, which are the direct result of strikes, other labor troubles, unusually severe or prolonged bad weather, acts of God, fire or other casualty to the Project, litigation commenced by third parties which, by injunction or other similar judicial action or by the exercise of reasonable discretion, directly results in delays, or acts of any federal, state or local governmental unit (other than the City) which directly result in delays.
TIF Note means a limited revenue tax increment financing note (“pay-as-you-go” note) to be issued by DEDA to the Developer pursuant to Article VI of this Agreement in substantially the form of that attached hereto as Exhibit D.
Examples of TIF Note in a sentence
The TIF Note shall be governed by and payable pursuant to the additional terms thereof, as set forth in Exhibit B.
In the event of any conflict between the terms of the TIF Note and the terms of this Section 3.3, the terms of the TIF Note shall govern.
At the option of the Authority, the Authority shall make a grant to Redeveloper in such amount, and such grant shall offset TIF Note Purchaser’s obligation to purchase the TIF Note.
The TIF Note may only be assigned pursuant to the terms of the TIF Note.
All such payments shall be applied first to accrued interest and then to reduce the principal of the TIF Note.
More Definitions of TIF Note
TIF Note means the Tax Increment Limited Revenue Note, substantially in the form contained in Schedule A attached to the Authorizing Resolution, to be delivered by the Authority to the Developer pursuant to Section 3.4(a) hereof and payable from Available Tax Increment received from the TIF District.
TIF Note means the Tax Increment Revenue Note (Arbor Lakes Business Park III Project) to be executed by the EDA and delivered to the Developer pursuant to Article III hereof, the form of which is attached hereto as Exhibit B; and Unavoidable Delays means delays, outside the control of the party claiming its occurrence, which are the direct result of strikes, other labor troubles, public health emergencies, pandemics, endemics, unusually severe or prolonged bad weather, acts of God, fire or other casualty to the Project, wars, blockades, insurrections, riots, litigation commenced by third parties which, by injunction or other similar judicial action or by the exercise of reasonable discretion, directly results in delays, or acts of any federal, state or local governmental unit (other than the EDA) which directly result in delays.
TIF Note means the Tax Increment Revenue Note (Oasis at Twin Lakes Project), as shown in Exhibit A of the Authorizing Resolution set forth in Schedule B attached hereto.
TIF Note means the Taxable Tax Increment Revenue Note (Wiha Tools Project), substantially in the form attached hereto as Exhibit B, to be delivered by the City to the Developer in accordance with Sections 3.1 and 3.2 hereof.
TIF Note means the Tax Increment Revenue Note (Swans Corner, LLC) to be executed by the HRA and delivered to the Developer pursuant to Article 5 hereof, the form of which is attached hereto as Exhibit E
TIF Note means the Tax Increment Revenue Note (Xxxxxxxx Properties #630, LLC Project) to be executed by the City and delivered to the Developer pursuant to Article III hereof, the form of which is attached hereto as Exhibit B; and Unavoidable Delays means delays, outside the control of the party claiming its occurrence, which are the result of strikes, other labor troubles, unusually severe or prolonged bad weather, acts of God, global pandemic (including the current pandemic known as COVID-19), epidemic, fire or other casualty to the Project, litigation commenced by third parties which, by injunction or other similar judicial action or by the exercise of reasonable discretion, results in delays, or acts of any federal, state or local governmental unit other than the City.
TIF Note means the Taxable Tax Increment Revenue Note (Headwaters Apartment Project), substantially in the form contained in the Authorizing Resolution, to be delivered by the City to the Developer in accordance with Section 3.9(a) hereof.