Financing and Incentives Sample Clauses

Financing and Incentives. Tax Increment Financing to reimburse the Developer for eligible costs of the Infrastructure Improvements (together with cost to privately finance) in accordance with Amended Xxxxxxxxxx Plan #11 shall be paid and applied as provided in the Xxxxxxxxxx Reimbursement Agreement dated , 2018. The City will also support the project, with letters of support from City staff or the Xxxxxxxxxx Authority or with the appearance of City elected officials or staff before appropriate agencies of the state, for amending and retaining Michigan Business Tax Credits that were previously approved for a similar project at this location of $10 million in an effort to reimburse Developer for public infrastructure improvements and make the private portion of the Project economically feasible by filling the gap between the cost of construction and the fair market value of the Project upon completion.
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Financing and Incentives. Tax Increment Financing to reimburse the Developer for eligible costs of the Infrastructure Improvements (together with cost to privately finance) in accordance with Amended Xxxxxxxxxx Plan #11 shall be paid and applied as provided in the Xxxxxxxxxx Reimbursement Agreement dated , 2018. The City will also support the project, with letters of support from City staff or the Xxxxxxxxxx Authority or with the appearance of City elected officials or staff before appropriate agencies of the state, for amending and retaining Michigan Business Tax Credits that were previously approved for a similar project at this location of $10 million in an effort to make the private portion of the Project economically feasible by filling the gap between the cost of construction and the fair market value of the Project upon completion. Approval of Amended Xxxxxxxxxx Plan #11 and City support for amending and retaining the Michigan Business Tax Credits (“MBT Credits”) shall be conditioned upon the Developer obtaining an agreement for assignment of any rights and a release of any claims (in a form satisfactory to the City Attorney) by the prior developer of the Property in connection with the Xxxxxxxxxx plan, Xxxxxxxxxx Reimbursement Agreement, MBT credits, and the Project against the Developer, the City, the DDA, and the ELBRA.
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Financing and Incentives. Tax Increment Financing to reimburse the Developer for the eligible costs of the Infrastructure Improvements (together with cost to privately finance) in accordance with Xxxxxxxxxx Plan #27 shall be paid and applied as provided in the Xxxxxxxxxx Reimbursement Agreement to be agreed upon by ELBRA and Developer.
Sample 1
Financing and Incentives. If applicable, please describe any discounts (e.g. flat / tiered pricing), customer incentives (e.g. referral bonuses, discounted / free systems after a certain number of contracts signed) you will offer to HeatSmart Westchester If applicable, describe any financing options (e.g. manufacturer financing, NYSERDA, lease agreements…) you will offer to customers. Please describe how you will pass NYSERDA incentives onto the customer (if applicable) and provide support to customers to obtain other incentives. Attachment D: Pricing Proposal – 3 Cases Please complete all information in this attachment for all relevant technologies you are applying to provide installation services for. Leave blank those tables that are not included in your offerings. If necessary, you may provide additional information (e.g. different technology options / models, additional cost adders) or attach additional materials to supplement this attachment. For both Ground source and Air source Heat Pumps, we have largely done away with the lists of ‘adders’ and will not try to provide comprehensive price coverage for all options and variations. The prices given must cover all the components needed for a basic installation without extenuating circumstances. For example, a Mitsubishi 4-ton multi-zone system requires a branch box, so that item must be included in the price. Tonnage criteria refer to hypothetical homes, not any aspect of nominal heat pump size. The specific heat pump units listed must be able to meet the indicated heating tonnage at a design temperature of 0F outside and 70F inside. For both Ground Source and Air Source systems, the prices given should be those after the NYSERDA incentive is taken. This is because the NYSERDA incentive is based on Air Conditioning capacity, not heating, and the relationship between the two can vary widely across different makes and models. This variation tends to be a greater for Ground Source than Air Source systems. Be sure to explore the new $1000/ ton NYSERDA incentive for ASHP before filling in your prices. We realize that few businesses applying for participation in HeatSmart are going to offer all of these products. Fill out only those templates that apply to your indicated product offers and ignore the others.
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Financing and Incentives. (a) The Seller is selling the Property to the Purchaser with the understanding that the Purchaser will develop the Property by constructing a building for the Uses in accordance with the Master Plan. (b) The City and the EDA have each adopted resolutions for the issuance of revenue bonds in the maximum aggregate principal amount of Twenty-Two Million Five Hundred Thousand Dollars ($22,500,000.00) (the “Bonds”) for the purpose of financing (i) the costs of the acquisition, construction and equipping of an entertainment venue consisting of an 8-screen movie theatre, dining space, and other amenities to be located in the City Center Redevelopment District (the “Project”), and (ii) if and as needed, capitalized interest on the Bonds, one or more reserve funds for the Bonds, and costs of issuance related to the issuance of the Bonds. (c) The EDA will make available to the Purchaser a credit line (the “Credit Line”) in the amount of Six Million Three Hundred Thousand Dollars ($6,300,000.00) at an annual interest rate of 1% for the purpose of providing additional financing for the costs of the construction and equipping of the Project. Funds for the Credit Line will be provided by the City, subject to appropriation. Repayment of funds drawn from the Credit Line will be interest only for a period of five (5) years following issuance of a certificate of occupation for the Project, with principal and interest payments commencing six (6) years following issuance of a certificate of occupation for the Project. The Purchaser shall fully repay funds drawn from the Credit Line within twenty-five (25) years following issuance of a certificate of occupation for the Project. (d) Following Closing, the City and the EDA will offer the Bonds for sale. Concurrent with closing on the sale of the Bonds, (i) the Purchaser shall execute a Promissory Note in substantially the form attached to this Agreement as Exhibit B and incorporated herein by reference, (ii) the Purchaser shall execute and record among the Land Records a Credit Line Deed of Trust in substantially the form attached to this Agreement as Exhibit C and incorporated herein by reference, and (iii) , as the corporate parent of the Purchaser, shall provide a corporate guaranty to the City for the Purchaser’s annual payment to service the note for the Bonds as set forth in the Repayment Schedule attached to this Agreement as Exhibit D and incorporated herein by reference. (e) The City will implement an admission tax (the...
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Related to Financing and Incentives

  • Incentives When job development is included as a service, the EMERGE, INC may be eligible for the following additional incentive payments: • Ex-Offender • Specialized Disability Population *Primiary Disability: ABI, Autism, Blind, or Deaf • 25% Above Minimum Wage • S.T.E.M. Occupation • Rapid Placement • Supported employment Natural Supports • Ticket to Work Substantial Gainful Activity Appropriate incentives may be invoiced 90 days after the employment stable date. The job placement must be consistent with the DORS Individualized Plan for Employment (IPE) in terms of the employment goal and the anticipated number of hours of employment per week.

  • Performance Incentives As a bonus, to supplement Head Coach’s compensation, as set out herein, the University agrees to pay the following sums upon attainment of each specified goal, provided the Program is in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Head Coach knew or should have known. Head Coach must also complete the _________ [insert sport] season as Head [Men’s/Women’s] [delete if sport is football] __________ Coach to receive any performance incentives for that season. Payment will be made to Head Coach within 60 days after goal is accomplished. (a) $_________ in any contract year in which the team wins the __________ Conference championship. (b) $_________ in any contract year in which the team participates in post-season NCAA competition. (c) $_________ for each game that the team wins in NCAA post-season competition. (d) $_________ in any contract year in which the team wins the NCAA championship.]

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Bonus Payments No employee shall be required or requested to make any written or verbal agreement that will conflict with the terms of this Agreement. All employees must be paid weekly for all hours worked as provided in this Agreement. Any bonuses, commissions or other methods of payments over and above the requirements of this Agreement shall be in addition to the requirements of this Agreement and may not be used to offset such contractual requirements and shall not be subject to negotiations.

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