Early Start Credit Sample Clauses

Early Start Credit. 10.3.2.4.1 Under the annual payment structure, if Developer Commences Construction in any CUP prior to December 31, 2016 and construction is completed (as evidenced by a final certificate of occupancy being issued) no later than 30 months following the date Developer Commences Construction, each annual Community Benefit payment to County shall be reduced by twenty percent (20%). The Early Start Credit shall only reduce payments for the first 25 years after accrual of Community Benefit payment. 10.3.2.4.2 Under the lump sum payment structure, if Developer Commences Construction in any CUP prior to December 31, 2016 and construction is completed (as evidenced by a final certificate of occupancy being issued) no later than 30 months following the date Developer Commences Construction, then the lump sum Community Benefit payment to County shall be reduced by twenty percent (20%). 10.3.2.4.3 In any CUP where Construction Commences later than December 31, 2016, Developer shall not be entitled to receive an Early Start Credit for that CUP .
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Related to Early Start Credit

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  • Retirement Credit Retirement credit for such periods of leave without pay shall be governed by the rules and regulations of the Division of Retirement and the provisions of Chapter 121, Florida Statutes.

  • ISDA Early Termination Date Party A has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement;

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