Economic Benefits definition

Economic Benefits means the creation of new employment opportunities or the retention of employment opportunities.b. Except as specifically included in the definition in paragraph “a”, “public use” or “public purpose” or “public improvement” does not mean economic development activities resulting in increased tax revenues, increased employment opportunities, privately owned or privately funded housing and residential development, privately owned or privately funded commercial or industrial development, or the lease of publicly owned property to a private party.c. Notwithstanding paragraph “a”:
Economic Benefits means the direct, indirect, and induced gains in state revenues as a percentage of the state’s investment. The state’s investment includes state grants, tax exemptions, tax refunds, tax credits, and other state incentives.
Economic Benefits. Financial expenditures benefitting New York State (for this purpose, expenditures for iron and steel manufactured in the United States shall be deemed to benefit New York State even if incurred outside of New York State), as specified in Exhibit I, that Seller can demonstrate will accrue after the Economic Benefits Start Date.

Examples of Economic Benefits in a sentence

  • Includes: New or increased payments to jurisdictions in New York State from the Economic Benefits Start Date through the end of the first three (3) Contract Years of the Contract Delivery Term, including tax payments, PILOT payments, and/or payments under Host Community Agreements.

  • Upon Procedures This section sets forth the agreed upon procedures that the Independent CPA must follow in order to issue the AUPR related to the Seller’s Economic Benefits Reports.

  • The Verified Total Dollars that accrue specifically to certified MWBEs and certified SDVOBs of the Selected Project from the Economic Benefits Start Date through the end of the first three (3) Contract Years.

  • These Economic Benefits may include: Investments in the offshore wind-related supply chain, such as ports that provide staging, assembly or other services to the offshore wind industry, and manufacturing infrastructure for components used in the manufacture of offshore wind generation or interconnection equipment.

  • Any Economic Benefits that were set forth in a previously-submitted Economic Benefits Report and verified under the verification process applicable to such Economic Benefits Report shall not be required to be re-verified.


More Definitions of Economic Benefits

Economic Benefits. Financial expenditures benefitting New York State, as specified in Exhibit F, that Seller can demonstrate will accrue after January 1, 2021.
Economic Benefits means the direct, indirect, and
Economic Benefits means any economic benefits arising out of or relating to the ownership of the Participation Securities, including, without limitation, Participation Securities Payments and cash payments from dividends, distributions, redemptions, liquidation preferences and contingent value rights. For the avoidance of doubt, “Economic Benefits” does not include (i) the right to vote, nominate, designate or elect directors or otherwise manage the operations of the Company, (ii) closing, break-up, transaction or similar fees or (iii) reimbursement of expenses received by the Investors or their Affiliates.
Economic Benefits means: property benefits, including but not limited to, monies, securities, real estates, lodging tickets, admission tickets, discount vouchers, rights of using real estates or other equivalents, and anything of value in various forms, both tangible and intangible, such as exemption of debts, provision of employment opportunity, granting of rights and interest, and giving transportation, lodgement, hospitalities and entertainments, including but not limited to, meals, drinks and golf.
Economic Benefits means those benefits, tangible and intangible, conferred upon the City and the District as a result of the Travel Center and Development, including the creation of construction jobs and other new non-construction jobs, long term increases to the tax base for ad valorem taxation, immediate increases in the sales and use tax collections supporting local schools and long term increases in collections to support City services, mitigation of the condition of unemployment or underemployment in the surrounding geographical area, and the attraction of additional businesses, as well as other ancillary financial and economic development benefits.
Economic Benefits means all paid development fees, including any deferred development fees, Distributions to the Members after the payment of all operating expenses, proceeds from sale of Company property, and any other financial benefits from the Interest of a Member.
Economic Benefits means the equitable proportionate share of all financial proceeds due to the pore space owners in a unit area based upon each individual pore space owner’s contribution of pore space storage capacity to a unit area;