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 Sections 5.1 and 5.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (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: The M&O Amount owed by the Applicant to District means the Original M&O Revenue Where:

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 Sections 5.1 and 5.2, the The amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (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: The M&O Amount owed by the Applicant to District means the Original M&O Revenue Where:

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 applicable provisions of Sections 5.1 and 5.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (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: The M&O Amount owed by the Applicant to District means the Original M&O Revenue Where:

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 Sections 5.1 and 5.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (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: The M&O Amount owed by the Applicant to District means the Original M&O Revenue Where: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 Sections 5.1 and 5.2Section 7.1, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this his Agreement (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 the Applicant to District means the Original M&O Revenue Where:Revenue

Appears in 1 contract

Samples: Limitation on Appraised Value Agreement

CALCULATING THE AMOUNT OF LOSS OF REVENUES BY THE DISTRICT. Subject to the provisions of Sections 5.1 and 5.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (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: The M&O Amount owed by the Applicant to the District means the Original M&O Revenue minus the New M&O Revenue; Where:

Appears in 1 contract

Samples: 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 Sections 5.1 and 5.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (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: The M&O Amount owed by the Applicant to District means the Original M&O Revenue Where:

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 Sections 5.1 and 5.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (the "M&O Amount") shall be determined in compliance accordance with the Applicable School Finance Law in effect for such year and according to the following formula: The M&O Amount owed by the Applicant to the District means the Original M&O Revenue minus the New M&O Revenue; Where:

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 Sections 5.1 and 5.2, the amount to be paid by the Applicant to compensate the District for loss of Maintenance and Operations Revenue resulting from, or on account of, this Agreement for each year during the term of this Agreement (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: The M&O Amount owed by the Applicant to District means the Original M&O Revenue Where:minus the New 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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