Common use of Special Taxing Districts Clause in Contracts

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS OF SUCH DISTRICTS, EXSISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), this contract shall then terminate. If Seller does not receiver Xxxxx's notice by the date specified above, Xxxxx accepts the effect of the Property's inclusion in such special taxing districts(s) and waives the right to so terminate. (d)

Appears in 1 contract

Samples: Century Casinos Inc

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Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), Paragraph F of Additional Provisions for Notice of Defects this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx Buyer accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Starlight Entertainment Inc

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with in a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx Buyer accepts the effect of the xxx Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d)

Appears in 1 contract

Samples: Commercial Acquisitions Corp /C0/

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION OBLICATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTSDISTRICT, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to received by Seller on or before the date set forth in subsection 9(bOff-Record Matters Objection Deadline (Sec.2c), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified abovesuch date, Xxxxx Buyer accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d)d.

Appears in 1 contract

Samples: Buy and Sell Real Estate (Molecular Diagnostics & Therapeutics Inc)

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, INDEBTEDNESS AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), Addendum "A," this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives waiver the right to so terminate. (d).

Appears in 1 contract

Samples: Buy and Sell Real (Delta Holding Inc)

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to received by Seller on or before the date set forth in subsection 9(bOff-Record Matters Objection Deadline (§ 2c), this contract shall then terminate. If Seller does not receiver Xxxxx's receive Buyer’s notice by the date specified abovesuch date, Xxxxx Buyer accepts the effect of the Property's ’s inclusion in such special taxing districts(s) district and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Oakridge Energy Inc

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH SU CH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx Buyer accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Commercial Contract (Stevia Co Inc)

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to received by Seller on or before the date set forth in subsection 9(bOff-Record Matters Objection Deadline (§ 2c), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified abovesuch date, Xxxxx Buyer accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: firstadvantagecapital.com

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT [The printed portions of this form, except (italicized) (differentiated) additions, have been approved by the Colorado Real Estate Commission (CBS3-9-95)] FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b9 (b), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx Buyer accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Bishop Capital Corp

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, BUYER . BUYERS SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b9 (b), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Rehabilicare Inc

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Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT Without SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Southshore Corp /Co

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING RESUILTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx accepts the effect of the Property's inclusion in such insuch special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Amerivest Properties Inc

Special Taxing Districts. 116 117 SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES 118 PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH 119 DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF 120 SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH 121 INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, BUYER . PURCHASER SHOULD INVESTIGATE THE DEBT FINANCING 122 REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH 123 DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event If the Property is located with 124 within a special taxing district and Buyer Purchaser desires to terminate this contract Agreement as a result, if written notice notice, by or on behalf of Purchaser, is given to received by 125 Seller on or before the date set forth in subsection 9(b)Objection Deadline, this contract Agreement shall then terminate. If Seller does not receiver Xxxxxreceive Purchaser's notice by the date specified abovesuch deadline, Xxxxx Purchaser accepts the 126 effect of the Property's inclusion in such special taxing districts(s) district and waives the right to so terminateterminate for that reason. 127 128 10. Common Interest Community. 129 130 THE PROPERTY IS LOCATED WITHIN A COMMON INTEREST COMMUNITY AND IS SUBJECT TO THE DECLARATION FOR SUCH 131 COMMUNITY. THE OWNER OF THE PROPERTY WILL BE REQUIRED TO BE A MEMBER OF THE OWNER'S ASSOCIATION FOR THE 132 COMMUNITY AND WILL BE SUBJECT TO THE BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION. THE DECLARATION, 133 BYLAWS, AND RULES AND REGULATIONS WILL IMPOSE FINANCIAL OBLIGATIONS UPON THE OWNER OF THE PROPERTY, INCLUDING 134 AN OBLIGATION TO PAY ASSESSMENTS OF THE ASSOCIATION. IF THE OWNER DOES NOT PAY THESE ASSESSMENTS, THE 135 ASSOCIATION COULD PLACE A LIEN ON THE PROPERTY AND POSSIBLY SELL IT TO PAY THE DEBT. THE DECLARATION, BYLAWS, AND 136 RULES AND REGULATIONS OF THE COMMUNITY MAY PROHIBIT THE OWNER FROM MAKING CHANGES TO THE PROPERTY WITHOUT 137 AN ARCHITECTURAL REVIEW BY THE ASSOCIATION (dOR A COMMITTEE OF THE ASSOCIATION) AND THE APPROVAL OF THE 138 ASSOCIATION. PURCHASERS OF PROPERTY WITHIN THE COMMON INTEREST COMMUNITY SHOULD INVESTIGATE THE FINANCIAL 139 OBLIGATIONS OF MEMBERS OF THE ASSOCIATION. PURCHASER SHOULD CAREFULLY READ ALL CIC DOCUMENTS, INCLUDING THE 140 DECLARATION FOR THE COMMUNITY AND THE BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION. The term CIC 141 Documents consists of all owners' associations declarations, bylaws, operating agreements, rules and regulations, minutes of the most recent annual owners' 142 meeting and minutes of any directors' or managers' meetings during the six-month period immediately preceding the date of this Agreement, if any (the 143 "Governing Documents"), most recent financial documents consisting of (1) annual balance sheet, (2) annual income and expenditures statement, and (3) 144 annual budget, if any (collectively, the "CIC Documents"). 145

Appears in 1 contract

Samples: New Home Purchase Agreement

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY DISTRICTSMAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to Seller on or before the date set forth in subsection 9(b), this contract shall then terminate. If Seller does not receiver Xxxxxreceive Buyer's notice by the date specified above, Xxxxx Buyer accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: Avalon Community Services Inc

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to received by Seller on or before the date set forth in subsection 9(bOff-Record Matters Objection Deadline (§ 2c), this contract shall then terminate. If Seller does not receiver receive Xxxxx's notice by the date specified abovesuch date, Xxxxx accepts the effect of the Property's inclusion in such special taxing districts(s) district and waives the right to so terminate. (d).

Appears in 1 contract

Samples: www.vaned.com

Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASE INCREASED MILL LEVIES AND EXCESSIVE TAX BURDENS TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES, . BUYER SHOULD INVESTIGATE THE DEBT FINANCING REQUIREMENTS OF THE AUTHORIZED GENERAL OBLIGATION INDETEDNESS INDEBTEDNESS OF SUCH DISTRICTS, EXSISTING EXISTING MILL LEVIES OF SUCH DISTRICT SERVICING SUCH INDEBTEDNESS, AND THE POTENTION POTENTIAL FOR AN INCREASE IN SUCH MILL LEVIES. In the event the Property is located with within a special taxing district and Buyer desires to terminate this contract as a result, if written notice is given to received by Seller on or before the date set forth in subsection 9(bOff-Record Matters Objection Deadline (§ 2c), this contract shall then terminate. If Seller does not receiver receive Xxxxx's notice by the date specified abovesuch date, Xxxxx Buyer, accepts the effect of the Property's inclusion in such special taxing districts(sdistrict(s) and waives the right to so terminate. (d).

Appears in 1 contract

Samples: www.hearthsideestates.com

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