Common use of CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT AND Clause in Contracts

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT AND. APPLICATION OF AGGREGATE LIMIT. For each Tax Year during the term of this Agreement beginning the Commencement Date and continuing thereafter through the third full Tax Year following the end of the Tax Limitation Period defined in Section 2.3(D)(ii) (Tax Year 2033), the District, or its successor beneficiary should one be designated under Section 6.5 below, shall not be entitled to receive Supplemental Payments, computed under Sections 6.2 and 6.3 above, that exceeds the Aggregate Limit.

CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT AND. APPLICATION OF AGGREGATE LIMITApplication of Aggregate Limit. For each Tax Year during the term of this Agreement beginning the Commencement Date and continuing thereafter through the third full Tax Year following the end of the Tax Limitation Period defined in Section 2.3(D)(ii) (Tax Year 2033), the District, or its successor beneficiary should one be designated under Section 6.5 below, shall not be entitled to receive Supplemental Payments, computed under Sections 6.2 and 6.3 above, that exceeds the Aggregate Limit.