CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT AND. Application of Aggregate Limit. For each Tax Year during the term of this Agreement beginning with the Tax Year 2021, which is the Tax Year that includes the date on which the Qualifying Time Period commences under this Agreement as provided in Section 2.3.C.i, and ending with Tax Year 2034, which is the third Tax Year following the end of the Tax Limitation Period, the District, or its successor beneficiary should one be designated under Section 6.7 below, shall not be entitled to receive Supplemental Payments, computed under Sections 6.2, 6.3 and 6.4 above, that exceed the Aggregate Limit.
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
CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT AND. Application of Aggregate Limit. For each Tax Year during the term of this Agreement beginning with the Tax Year 20212018, which is the Tax Year that includes the date on which the Qualifying Time Period commences under this Agreement as provided in Section 2.3.C.i, and ending with Tax Year 20342033, which is the third Tax Year following the end of the Tax Limitation Period, the District, or its successor beneficiary should one be designated under Section 6.7 below, below shall not be entitled to receive Supplemental Payments, computed under Sections 6.2, 6.2 and 6.3 and 6.4 above, that exceed the Aggregate Limit.
Appears in 1 contract
CALCULATION OF ANNUAL SUPPLEMENTAL PAYMENTS TO THE DISTRICT AND. Application of Of Aggregate Limit. For each Tax Year during the term of this Agreement beginning with the Tax Year 20212018, which is the Tax Year that includes the date on which the Qualifying Time Period commences under this Agreement as provided in Section 2.3.C.i, and ending with the Tax Year 20342033, which is the third Tax Year following the end of the Tax Limitation Period, the District, or its successor beneficiary should one be designated under Section 6.7 below6.1.5, shall not be entitled to receive Supplemental Payments, computed under Sections 6.1 and 6.2, 6.3 and 6.4 above, that exceed the Aggregate Limit.
Appears in 1 contract