Fee Credits. The Dreyfus-affiliated funds for which the Transfer Agent acts as transfer agent, as a group, shall be entitled to the following fee credits: General Credit: $86,000/year One-twelfth of the annual credit amount shall be applied to each monthly invoice (beginning with the invoice covering October 2005), and shall be allocated to each Fund pro rata based on number of accounts as of the end of the monthly billing period. Subject to the terms and conditions set forth in the Agreement, the Transfer Agent shall perform the following services:
Fee Credits. Park Impact Fees
1. Developer shall receive Park Impact Fee credits for the public parks and qualifying pocket parks (as described more particularly in Section 5.11.4 below), Developer constructs, as provided in this subsection.
2. The public park improvements eligible for fee credits are only those listed in Exhibit 13-1, unless additional park improvements are added by the City. The types of fee credits provided by City for public park, and qualifying pocket park, improvements constructed by Developer consist of the following:
a. City’s Contemplated AB 1600 Park Impact Fees; and
Fee Credits. The Offsite Traffic Improvements to be constructed directly by Owner are oversized Public Improvements in that Owner is conditioned to construct such improvements that the Parties agree are identified in the DIF Study and for which the cost will exceed the fees due for such improvements from the Project as specifically provided in the Traffic Study and approved by the City. In consideration for Owner, at its own cost and expense or through a community facilities district, funding and, if requested by the City, constructing such oversized Offsite Traffic Improvements, Owner shall receive credits towards the payment of amounts otherwise due and payable by Owner as Development Fees (“Owner’s Fee Credit”) provided the oversized Offsite Traffic Improvements are specifically identified in the DIF Study. TUMF credits are subject to the approval of WRCOG and only WRCOG can grant fee credits to TUMF in its discretion and subject to its rules. The City has no liability or obligations to collect or administer TUMF fees at this time. Alternatively, at the election of the Owner, oversized Public Improvements may be recovered by Owner under the procedures in Section 2.8.3(b) applicable to Additional Capacity
Fee Credits. All reimbursements due to Developer under this Agreement. The Town shall maintain an ongoing accounting of all credits and reimbursements eligible, due, collected, and paid under this Agreement.
Fee Credits. “Fee Credits” means credits against EUC PBDIFs, Village 11 PBDIFs, and Traffic Signal Fees that Developer has received or may receive in the future from the City for Eligible Costs Developer incurred in designing and/or construction the Subject Facilities.
Fee Credits. The Town shall have the authority to review and comment on all County stormwater fee credit applications requested upon parcels within the Town limits.
Fee Credits. The Project shall be entitled to a credit against its Development Impact Fee obligations for the dedication of land and the construction of improvements or the payment of fees
Fee Credits. Developer shall receive credit against the payment of Impact Fees in accordance with the provisions of Municipal Code Chapter 18.290 and this Section 5.4. Available Impact Fee credits shall survive the expiration or earlier termination of this Agreement but shall not be transferable to any other property or development project.
Fee Credits. Each of the 1,863.92 ESDs and the Excess Fee Credits, which have an aggregate value of $20,919,994.00 which are a component of the Contributed Assets, and which are being transferred as hereinabove set forth (collectively, the “Fee Credits”) are owned by the Contributing Parties, free of claims or liens of any person, and the Fee Credits, except for the PIFs, are each fully paid for, are currently fully entitled, without the need for any additional payment, charge, fee or cost of any type or nature, and without the need for any further action by any person (including, without limitation, any governmental authority or water or sewer district), to be exchanged, for credit in lieu of paying cash to the various permitting authorities in connection with the T-9 Project, are in full force and effect and in good standing, and fully vested and not subject to divestiture. In order to receive the Park Credits, parks yet to be developed must be developed according to approved agreements with the City Parks Department.
Fee Credits. As further described in Chapters 7 (Section 7.5.9) and 8 (Section 8.4.1.8) of the Yolo HCP/NCCP, the Conservancy may approve fee credits for the conveyance of lands that are added to the reserve system. The fee credits may be used for some of the Yolo HCP/NCCP Fees that apply to one or more Covered Activities. Fee credits do not have any value except as credits for Yolo HCP/NCCP Fees incurred during the Permit Term. Fee credits remaining after the Permit Term will have no value, and no payment or “refund” will be made. The procedures for requesting a fee credit and for all Conservancy actions relating to such requests are set forth in the above-referenced Chapters of the Yolo HCP/NCCP. The Conservancy will follow those procedures in deciding fee credit requests. Among other things, it will prepare a written determination stating whether any proposed fee credit meets the requirements of the Yolo HCP/NCCP and this Agreement, and whether, or to what extent, the credit is approved by the Conservancy. The written determination will include the amount of any approved credit. The amount of an approved fee credit may be deducted from the Yolo HCP/NCCP Fees that apply to any Covered Activity implemented by the Permittee, private project proponent, or Special Participating Entity that received the approved credit. In some instances, the Conservancy may not approve a proposed fee credit (as set forth in Chapter 8, Section 8.4.1.8). Additionally, the Conservancy may disapprove a requested fee credit on a case- by-case basis in its sole discretion.
