Common use of CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT Clause in Contracts

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.1, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Date and ending on the Final Termination Date (as set out in EXHIBIT 5), the “M&O Amount” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 15 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.1Sections 7.1 and 7.2, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in during the year term of the Application Review Start Date and ending on the Final Termination Date his Agreement (as set out in EXHIBIT 5), the “M&O Amount”), shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 4 contracts

Samples: Limitation on Appraised Value Agreement, Limitation on Appraised Value Agreement, Limitation on Appraised Value Agreement

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.1, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Date and ending on the Final Termination Date (as set out in EXHIBIT 54), the “M&O Amount” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 3 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.17.1 (except as provided by Section 4.11 herein), the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Approval Date and ending on the Final Termination Date (as set out in EXHIBIT 5), the “M&O Amount” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 2 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.17.1 (except as provided by Section 4.11 herein), the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Date and ending on the Final Termination Date (as set out in EXHIBIT 5), the “M&O Amount” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 2 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.1, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Date and ending on the Final Termination Date (as set out in EXHIBIT 5), the “M&O Amount,” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 2 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.1, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Date and ending on December 31st of the Final Termination Date first year after the Tax Limitation Period has ended (as set out in EXHIBIT 5), the “M&O Amount” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 2 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.1, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Date and ending on the Final Termination Date (as set out in EXHIBIT 5)December 31, 2027, the “M&O Amount” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 1 contract

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Section 7.1, the amount to be paid by Applicant to compensate District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year starting in the year of the Application Review Start Approval Date and ending on the Final Termination Date (as set out in EXHIBIT 5), the “M&O Amount” shall be determined in compliance with the Applicable School Finance Law in effect for such year and according to the following formula: A. The M&O Amount owed by Applicant to District means the Original M&O Revenue

Appears in 1 contract

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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