Business Incentive Sample Clauses

Business Incentive. The project line items shall be completed in the order set forth above. Project construction shall commence as soon as funds are available in the Special Allocation Fund and the projects shall be completed no later than January 2031. As noted in Exhibit D-2, Company could fund the Project Improvement sooner through private investment or other funding method; however, reimbursement from TIF Revenue would not occur until after project line items 1-4 above have been funded/reimbursed pursuant to Sections 20 and 21. EXHIBIT D-2 Redevelopment Schedule – Liberty Center PROJECT IMPROVEMENT ANTICIPATED COMMENCEMENT ANTICIPATED COMPLETION
Sample 1
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Business Incentive. Grantor shall pay Recipient $1,565,000.00 U.S. Dollars in the form of a forgivable loan, without interest, the terms of which are contained in the promissory note attached hereto as Exhibit C (hereinafter “Business Incentive”). The Business Incentive will be disbursed to Recipient, subject to the conditions of this Agreement, and provided that Recipient has met and fully satisfied the following requirements: (i) This Agreement, the promissory note attached as Exhibit C, and the mortgage attached as Exhibit D, have been duly-executed by an authorized representative of Recipient; and (ii) Recipient has satisfied the Conditions Precedent set forth in Section 3.2 of this Agreement. For purposes of this Agreement, the date the funds are disbursed by Grantor to Recipient shall be referred to as the Benefit Date. The Business Incentive shall be repaid to Grantor, in ten five (510) installments, without interest, as follows but subject, however, to the provisions of Section 3.6 (hereinafter “Business Incentive Repayment”): December March 31, 2022 $156,500313,000 December March 31, 2023 $156,500313,000 December March 31, 2024 $156,500313,000 December March 31, 2025 $156,500313,000 December March 31, 2026 $156,500313,000 December 31, 2027 $156,500 December 31, 2028 $156,500 December 31, 2029 $156,500 December 31, 2030 $156,500 December 31, 2031 $156,500
Sample 1
Business Incentive. Grantor shall pay Recipient $1,565,000.00 U.S. Dollars in the form of a forgivable loan, without interest, the terms of which are contained in the promissory note attached hereto as Exhibit C (hereinafter “Business Incentive”). The Business Incentive will be disbursed to Recipient, subject to the conditions of this Agreement, and provided that Recipient has met and fully satisfied the following requirements: (i) This Agreement, the promissory note attached as Exhibit C, and the mortgage attached as Exhibit D, have been duly-executed by an authorized representative of Recipient; and (ii) Recipient has satisfied the Conditions Precedent set forth in Section 3.2 of this Agreement. For purposes of this Agreement, the date the funds are disbursed by Grantor to Recipient shall be referred to as the Benefit Date. The Business Incentive shall be repaid to Grantor, in five (5) installments, without interest, as follows but subject, however, to the provisions of Section 3.6 (hereinafter “Business Incentive Repayment”): September 30, 2023 $313,000 September 30, 2024 $313,000 September 30, 2025 $313,000 September 30, 2026 $313,000 September 30, 2027 $313,000 IN WITNESS WHEREOF, the Parties hereto have executed this Amendment to the BIA effective as of the Amendment Effective Date. Dated: , 20 . LPND1, LLC By: Xxxxxx Xxxxxx, President STATE OF NORTH DAKOTA ) ) ss COUNTY OF ) On this day of , 2022, before me personally appeared , known to me to be the person who is described in, and who executed the within and foregoing instrument and who acknowledged to me that he executed the same.
Sample 1

Related to Business Incentive

  • Wellness Incentive Employees participating in the State’s medical plan and who meet the wellness criteria established by the State, in consultation with the Union, shall receive a reduction in medical insurance co-share payments up to a maximum of $500 per year. The earned reductions in medical insurance co-share payments shall be awarded to active employees in FY 2009 or the fiscal year following the employee’s participation in the wellness activities. The Wellness Incentive program will integrate preventative and wellness behaviors into the medical plan. Examples of possible activities include completion of the Health Assessment, obtaining a primary care physician, wellness coaching programs, preventive screenings, non-smoker or completion of smoking cessation program, and/or participation in a program that measures key points in assessing an individual’s overall health.

  • Physician Incentive Plans In the event Provider participates in a physician incentive plan (“PIP”) under the Agreement, Provider agrees that such PIPs must comply with 42 CFR 417.479, 42 CFR 438.3, 42 CFR 422.208, and 42 CFR 422.210, as may be amended from time to time. Neither United nor Provider may make a specific payment directly or indirectly under a PIP to a physician or physician group as an inducement to reduce or limit Medically Necessary services furnished to an individual Covered Person. PIPs must not contain provisions that provide incentives, monetary or otherwise, for the withholding of services that meet the definition of Medical Necessity.

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Education Incentive A. The following monthly education incentive pay will be paid to each employee upon completing the listed degree and providing proof of completion to the Agency. Associate Degree Two percent (2%) Bachelor Degree Four percent (4%)

  • Productivity Incentive In addition to the Minimum Milk Price, you will be paid a Productivity Incentive based on the total number of milk solids in your milk that you supply to DFMC each Month during the Term that complies with the Quality Standards. The Productivity Incentive will be paid at the rates set out in Item 5 of the Details.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • Incentive ‌ Incentives are defined under FAR Subpart 16.4, Incentive Contracts, and other applicable agency-unique regulatory supplements. The OCO will determine fair and reasonable pricing for all Incentive Task Orders and develop a plan to implement and monitor an Award-Fee, Incentive-Fee, or Award-Term result in accordance with FAR 15.4, Pricing.

  • Reporting Subawards and Executive Compensation a. Reporting of first-tier subawards.

  • Health Promotion Incentives The Joint Labor-Management Committee on Health Plans shall develop a program which provides incentives for employees who participate in a health promotion program. The health promotion program shall emphasize the adoption and maintenance of more healthy lifestyle behaviors and shall encourage wiser usage of the health care system.

  • Performance Improvement Plan timely and accurate completion of key actions due within the reporting period 100 percent The Supplier will design and develop an improvement plan and agree milestones and deliverables with the Authority

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