Common use of Chapter 380 Payment Clause in Contracts

Chapter 380 Payment. The anticipated October 30, 2014 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 Sales Tax Revenues: $1,409,470.46 Total: $1,684,366.13 Less Remittance to AHFC: ($54,210.40) Net Chapter 380 payment to SPG: $1,630,155.73

Chapter 380 Payment. The anticipated October 30, 2014 2015 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 294,447.00 Sales Tax Revenues: $1,409,470.46 1,588,089.37 Total: $1,684,366.13 1,882,536.37 Less Remittance to AHFC: ($54,210.4061,080.36) Net Chapter 380 payment to SPG: $1,630,155.731,821,456.01

Chapter 380 Payment. The anticipated October 30, 2014 Year 9 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 351,878.51 Sales Tax Revenues: $1,409,470.46 1,584,588.52 Total: $1,684,366.13 1,936,467.03 Less Remittance to AHFC: ($54,210.4060,945.71) Net Chapter 380 payment to SPG: $1,630,155.731.875.521.32

Chapter 380 Payment. The anticipated October 30, 2014 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 176,109.15 Sales Tax Revenues: $1,409,470.46 1,359,092.16 Total: $1,684,366.13 1,535,201.31 Less Remittance to AHFC: ($54,210.4033,148.59) Net Chapter 380 payment to SPG: $1,630,155.731,502,052.72

Chapter 380 Payment. The anticipated October 30, 2014 2017 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Chapter 380 Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 393,367.97 Sales Tax Revenues: $1,409,470.46 1,531,439.54 Total: $1,684,366.13 1,924,807.51 Less Remittance to AHFC: ($54,210.4058,901.52) Net Chapter 380 payment to SPG: $1,630,155.731,865,905.99

Chapter 380 Payment. The anticipated October 30, 2014 2011 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 195,266.01 Sales Tax Revenues: $1,409,470.46 1,662,260.86 Total: $1,684,366.13 1,857,526.87 Less Remittance to AHFC: ($54,210.4040,542.95 ) Net Chapter 380 payment to SPG: $1,630,155.731,816,983.92

Chapter 380 Payment. The anticipated October 30, 2014 2012 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 234,767.91 Sales Tax Revenues: $1,409,470.46 1,786,192.82 Total: $1,684,366.13 2,020,960.73 Less Remittance to AHFC: ($54,210.4043,565.68) Net Chapter 380 payment to SPG: $1,630,155.731,977,395.05

Chapter 380 Payment. The anticipated October 30, 2014 2013 Chapter 380 payment to SPG will be calculated based on Ad Valorem Tax Revenues and Sales Tax Revenues as defined in §2 of the Agreement as follows: Ad Valorem Tax Revenues: $274,895.67 261,878.16 Sales Tax Revenues: $1,409,470.46 1,275,221.78 Total: $1,684,366.13 1,537,099.94 Less Remittance to AHFC: ($54,210.4049,046.99) Net Chapter 380 payment to SPG: $1,630,155.731,488,052.95