Common use of Equalization Rate Clause in Contracts

Equalization Rate. The equalization rate to be used in making the computation contemplated by 1.3(c)(i) and 1.3(d) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i) and 1.3(d) shall be one hunched (100%) percent.

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

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Equalization Rate. The equalization rate to be used in making the computation contemplated by 1.3(c)(i) and 1.3(d13(b)(i) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st I st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i) and 1.3(d13(b)(i) shall be one hunched hundred (100%) percent.

Appears in 1 contract

Samples: Payment in Lieu of Tax Agreement

Equalization Rate. The equalization rate to be used in making the computation contemplated . conteinplate.d by 1.3(c)(i) and 1.3(d) hereof shall hereofshall mean the equalization rate for the Town used by the County to to- allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date xxx.xxxx of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i1.3(c}(i) and 1.3(d) shall be one hunched hundred (100%) percent.

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

Equalization Rate. The equalization rate to be used in making the computation contemplated by 1.3(c)(i) and 1.3(d2b(i) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT PaymentPayments. In the event that · the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i) and 1.3(d2b(i) shall be one hunched hundred (100%) percent.

Appears in 1 contract

Samples: Payment in Lieu of Tax Agreement

Equalization Rate. The equalization rate to be used in making the computation _contemplated by 1.3(c)(i) and 1.3(dif3(b)(i) hereof shall mean the equalization rate for the the. Town used by the County to · allocate and levy County taxes in connection with the January 1st tax tax· roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i) and 1.3(dif3(b)(i) shall be one hunched hundred (100%) percent.· _·

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

Equalization Rate. The equalization rate to be used in making the computation contemplated by 1.3(c)(i) and 1.3(d�3(b)(i) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100I00%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i) and 1.3(d�3(b)(i) shall be one hunched (hundred ( 100%) percent.

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

Equalization Rate. The ·equalization rate to be used in making the computation contemplated by 1.3(c)(i13(b)(i) and 1.3(d13(c)(ii)(x) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i13(b)(i) and 1.3(d13(c)(ii)(x) shall be one hunched (hundred ( 100%) percentpe�cent.

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

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Equalization Rate. The equalization rate to be used in making the computation contemplated by 1.3(c)(i) and 1.3(dill.3(b)(i) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used used· in making the computation contemplated by 1.3(c)(i) and 1.3(dil1.3(b)(i) shall be one hunched hundred (100%) percent.

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

Equalization Rate. The equalization rate to be used in making the computation contemplated by 1.3(c)(i) and 1.3(d) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i) and 1.3(d) shall be one hunched hundred (100%) percent.

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

Equalization Rate. The equalization rate to be used in making the computation 60310-010v6 contemplated by 1.3(c)(iifl.3(b)(i) and 1.3(difl.3(c) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(iifl.3(b)(i) and 1.3(difl.3(c) shall be one hunched hundred (100%) percent.

Appears in 1 contract

Samples: Omnibus Amendment

Equalization Rate. The equalization rate to be used in making the computation contemplated by 1.3(c)(il.3(b)(i) and 1.3(d1.3(c) hereof shall mean the equalization rate for the Town used by the County to allocate and levy County taxes in connection with the January 1st tax roll immediately preceding the due date of the PILOT Payment. In the event that the equalization rate shall exceed one hundred (100%) percent, the equalization rate used in making the computation contemplated by 1.3(c)(i1.3(b)(i) and 1.3(d1.3(c) shall be one hunched hundred (100%) percent...

Appears in 1 contract

Samples: Payment in Lieu of Taxation Agreement

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