Ad Valorem Taxes. Developer allows its ad valorem taxes owed to the City of Xxxxxx, Texas, to become delinquent and fails to timely and properly follow the legal procedures for protest and/or contest of such taxes and to cure such failure within thirty (30) days after written notice thereof from EDC and/or Brazoria County Central Appraisal District is an Event of Default.
Appears in 4 contracts
Samples: Performance Agreement, Performance Agreement, Performance Agreement
Ad Valorem Taxes. Developer allows its ad valorem taxes owed to the City of XxxxxxSweeny, Texas, to become delinquent and fails to timely and properly follow the legal procedures for protest and/or contest of such taxes and to cure such failure within thirty (30) days after written notice thereof from EDC and/or Brazoria County Central Appraisal District is an Event of Default.
Appears in 1 contract
Samples: Performance Agreement
