Community Contributions. Community Contribution means a monetary contribution to projects benefiting the City’s Inner N/NE Target Area and the Company’s Project.
Community Contributions. “Net Win from Gaming Stations” as used in Section III.F of the Compact shall include Net Win from ETGs.
Community Contributions. Cogentrix CG agrees that it shall cause the General Partner of the Partnership in good faith to work to establish a program whereby the Partnership shall apply funds representing the annual difference between (i) $500,000 and (ii) the (x) real estate taxes, (y) personal property taxes and (z) sales taxes which may be levied upon any construction equipment purchased under the Second Amended and Restated Turnkey Construction Agreement dated as of April 11, 1995 between the Partnership and Westinghouse Electric Corporation, as amended (all as may be due and payable by the Partnership), towards certain expenditures or projects which inure to the good of the local Cottage Grove community. TPC hereby acknowledges and agrees that the establishment of such a program is within the authority of the General Partner of the Partnership, does not require any consent of TPC under the Partnership Agreement and TPC does not have, and hereby waives, the right to make any objections or require consent in the future with respect thereto.
Community Contributions. The purpose of the Community Contribution is (1) to enhance the ability of the City and the N/NE Portland community to provide and support qualified Inner NE Portland employees to the Company and/or (2) to enhance the ability of N/NE small businesses to be competitive suppliers to the Company and other firms. The factors that determine whether Company will make a monetary Community Contribution and the method of calculating such a Contribution are set forth as follows:
3.10.1. If Company’s “Net Tax Effect” becomes greater than $10,000 per Hiring Credit earned by Company, a Community Contribution will be due and payable to PDC. Company shall make the payment within 90 days of its receipt of an invoice unless otherwise agreed by the parties. Late Contribution payments will be subject to a 1% per month penalty.
3.10.2. PDC and Company currently estimate that Company will owe a Community Contribution in the total amount of $0 as detailed in the attached Exhibit C, and that the Contribution will become due and payable during the tax abatement period according to the payment schedule in Exhibit C.
3.10.3. At the end of the tax abatement period, PDC’s Zone Manager will determine the total number of Hiring Credits earned by the Company during the period from Pre-Certification to the end of the tax abatement period; and the final Net Tax Effect of the project. The final number of Hiring Credits will include regular full-time hiring in the last six months of the last tax abatement year for employees that complete company probation periods and are still employed as of the fourth month of the first tax year following the tax abatement period. The discount rate for computing the final Net Tax Effect calculation will be 6.1%. (The discount rate is used to adjust the net local tax impact to 2006 dollars).
Community Contributions. The purpose of the Community Contribution is (1) to enhance the ability of the City and the N/NE Portland community to provide and support qualified Inner NE Portland employees to the Company and/or (2) to enhance the ability of N/NE small businesses to be competitive suppliers to the Company and other firms. The factors that determine whether Company will make a monetary
3.10.1. If Company’s “Net Tax Effect” becomes greater than $10,000 per Hiring Credit earned by Company, a Community Contribution will be due and payable to PDC. Company shall make the payment within 90 days of its receipt of an invoice unless otherwise agreed by the parties. Late Contribution payments will be subject to a 1% per month penalty.
3.10.2. PDC and Company currently estimate that Company will owe a Community Contribution in the total amount of $0 as detailed in the attached Exhibit C, and that the Contribution will become due and payable during the tax abatement period according to the payment schedule in Exhibit C.
3.10.3. At the end of the tax abatement period, PDC’s Zone Manager will determine the total number of Hiring Credits earned by the Company during the period from Pre-Certification to the end of the tax abatement period; and the final Net Tax Effect of the project. The final number of Hiring Credits will include regular full-time hiring in the last six months of the last tax abatement year for employees that complete company probation periods and are still employed as of the fourth month of the first tax year following the tax abatement period. The discount rate for computing the final Net Tax Effect calculation will be 6.1%. (The discount rate is used to adjust the net local tax impact to 2006 dollars).
Community Contributions. ACDI/VOCA committed, in its cooperative agreement with USAID, to a minimum 15-25% community contribution into project budgets, or 17% of overall budget. Generating community comprehension and participation in the concept and practice of community contribution (cost- share) was challenging at the beginning of the program. However, strong training of CST members and community development officers resulted in strong uptake of the concept at an early stage of ICAP. Communities often found it challenging to obtain adequate (verifiable) documentation; nonetheless, they were extremely proud of their role in implementing projects, and contributed significant portions of the total project value. In accordance with the agreement, ACDI/VOCA was successful in obtaining $6.5 million documented cost-share by the end of the program. In addition, ACDI/VOCA also collected “leveraging”, defined by USAID regulations as a type of community contribution that is documented through the use of letters of intent or memorandums of understanding. Though not required to collect leveraging in its cooperative agreement, ACDI/VOCA felt that doing so would be advantageous in creating a sense of ownership among partner communities, beyond the required cost share contribution. These additional contributions from communities also supplemented ACDI/VOCA’s funding from USAID to maximize the impact of the program funding. In order to generate community support for local contributions, ACDI/VOCA implemented ICAP activities as investments in community life; in-kind contributions were investments that instilled a sense of ownership and stewardship of all community activities. Contributions to ICAP-sponsored activities came from the communities themselves; local, regional or national government agencies and institutions; private sources; and contributions through other international donor agencies. CSTs worked with Community Councils to develop procedures for collecting and verifying the accuracy of contributions. ACDI/VOCA developed internal reporting criteria and provided guidance on how contributions are to be valued and documented for accounting purposes.
Community Contributions. All members of Six Nations of the Grand River are expected to give back to the community in whatever capacity they are able; in keeping with this tradition, community contributions will be an expectation of each permit holder.
25.1 Unless the Commission determines that the permit is for the purpose of operating a socio- economic project, in addition to any permit fees, permit holders must remit to the Community Trust a community contribution at the end of each financial quarter.
25.2 Community contribution of sales will be payable by all permit holders other than dispensary permit holders unless the permit holder makes sales off reserve. In this instance, the permit holder will be expected to make the same community contribution at the end of each month payable to the Community Trust. 25'.3- Failure to pay the community contribution-Tenders a permit null and void and sales must stop until all community contributions have been paid in full.
Community Contributions. In addition to the payments associated with Maintenance Costs and Usage Rent, Team shall make the following community contributions (“Community Contributions”):
Community Contributions. RELEAF agrees that it will make annual contributions to Town and private non-profit charitable causes based in the Town (the “Community Contributions”). The first year of Community Contributions shall be made on or before the first anniversary of the Commencement of Operations at the Facility and shall total One Hundred Thousand Dollars ($100,000). Subsequent annual Community Contributions shall be made on or before each ensuing anniversary of the commencement of retail sales at the Facility. The Community Contributions shall be donated at the discretion of RELEAF to Town and non-profit charitable causes based in Natick. RELEAF shall make a good faith effort to provide Community Contributions to charities which have a primary focus on public health, education and substance abuse treatment and prevention. If, in any given year, RELEAF is unable to identify charities with a focus on public health, education or substance abuse treatment and prevention, to which to make the Community Contributions, it shall apprise the Town of all efforts taken to do so and shall inform the Town of the charities to which it intends to make the Community Contributions for that year.
Community Contributions. The purpose of the Community Contribution is (1) to enhance the ability of the City and the N/NE Portland community to provide and support qualified Inner NE Portland employees to the Company and/or (2) to enhance the ability of N/NE small businesses to be competitive suppliers to the Company and
3.10.1. If Company’s “Net Tax Effect” becomes greater than $10,000 per Hiring Credit earned by Company, a Community Contribution will be due and payable to PDC. Company shall make the payment within 90 days of its receipt of an invoice unless otherwise agreed by the parties. Late Contribution payments will be subject to a 1% per month penalty.
3.10.2. PDC and Company currently estimate that Company will owe a Community Contribution in the total amount of $0 as detailed in the attached Exhibit C, and that the Contribution will become due and payable during the tax abatement period according to the payment schedule in Exhibit C.
3.10.3. At the end of the tax abatement period, PDC’s Zone Manager will determine the total number of Hiring Credits earned by the Company during the period from Pre-Certification to the end of the tax abatement period; and the final Net Tax Effect of the project. The final number of Hiring Credits will include regular full-time hiring in the last six months of the last tax abatement year for employees that complete company probation periods and are still employed as of the fourth month of the first tax year following the tax abatement period. The discount rate for computing the final Net Tax Effect calculation will be 6.1%. (The discount rate is used to adjust the net local tax impact to 2006 dollars).
