Incentive Agreement Sample Clauses
Incentive Agreement. This Business Incentive Agreement provides project data and specifies the goals the RECIPIENT has agreed to meet in order to receive the state business incentive. Should the value of this incentive be less than $25,000, and should the RECIPIENT receive no additional incentives to bring the total to $25,000 or more within twelve months, the reporting requirements outlined in North Dakota Century Code § 54-60.1-05 and in this agreement, will not go into effect. Name of GRANTOR/GRANT ADMINISTRATOR On Behalf Of Address City State ZIP Code Name of RECIPIENT Business Also known as Mailing Address City State ZIP Code Street Address City State ZIP Code Location of Project (street address, city, county) Business Classification of RECIPIENT (3 digit NAICS Code) Parent Company of RECIPIENT (if any) Street Address City State ZIP Code Main Contact Person Email Address Title Telephone Number Street Address City State ZIP Code List the names and addresses of all individuals or shareholders owning twenty percent (20%) or more of this business. Owner or Shareholder Mailing Address City State ZIP Code Benefit Date Incentive Value Project Description
Incentive Agreement. MFI’s sales performance will entitle it to participate in or receive benefits from the Incentive Program(s) described in the initial Incentive Agreement which is attached hereto as Exhibit B and deemed incorporated into this Agreement by reference. The initial Incentive Agreement may be amended, supplemented or replaced by mutual written agreement of the parties from time to time. To be eligible to receive the benefits of any incentive program (including the Incentive Agreement in Exhibit B), MFI must be in compliance with the MRA and Incentive Agreement (after giving effect to all applicable notice and cure periods). Such benefits will be temporarily suspended during any period of non-compliance.
Incentive Agreement. Dated as of JULY 13, 2021 INCENTIVE AGREEMENT
Incentive Agreement. Longbow and XXXX, at or before the Closing of the conveyance of the County Office, shall execute a mutually acceptable incentive agreement for public and private improvements to the County Office substantially in the fonn of Exhibit “D” attached hereto and incorporated by reference.
Incentive Agreement. (a) Landlord is a party to that certain Special Source Credit Agreement among Lexington County, South Carolina, Tenant, and Landlord (as assignee of Home Depot U.S.A., Inc. in its prior status as fee simple owner to the Land), which sets forth additional agreements and conditions relating to the tax abatement and other economic incentives (the “Incentive Agreement”). Landlord agrees and covenants that it will comply with the terms of the Incentive Agreement, and shall not default under the Incentive Agreement, except to the extent such default is the result of a default by Tenant under this Lease. In the event that Landlord assigns this Lease to a third party so that the third party becomes the “Landlord” under this Lease, then Landlord agrees to also assign its rights and obligations under the Incentive Agreement to said third party. Landlord acknowledges that Tenant has entered into this Lease in consideration of the tax abatement and economic incentives resulting and arising out of the Incentive Agreement. Landlord agrees, warrants and covenants that, in the event of (i) an early termination of the Incentive Agreement, solely as a result of a default of Landlord under the Incentive Agreement, or (ii) an intentional early termination of the Incentive Agreement by Landlord, for any reason other than a default by Tenant under this Lease, or (iii) a failure to assign the Incentive Agreement to a successor Landlord that results in the loss of the tax abatement, then, in any of such instances, Landlord (and not Tenant) shall pay any Taxes that then become due and payable as a result of such early termination or failure to assign, without pass-through to Tenant. In such an event, Tenant shall have no obligation under this Lease to pay such Taxes until the date that the exemption from Taxes would have terminated under the Incentive Agreement. Landlord shall indemnify Tenant for any such Taxes that become due arising out of such a termination or failure to assign or default of Landlord of or under the Incentive Agreement. In the event that Landlord becomes liable for Taxes as set forth in this Section 4.3(a), and subsequently fails to pay such Taxes as such Taxes become due and payable, then Tenant shall have the option to pay such Taxes on behalf of Landlord and Landlord shall promptly repay such amount to Tenant, together with interest at the Delinquency Rate, within thirty (30) days of receipt of Tenant’s written request. 6 (b) Likewise, Tenant agrees that, i...
Incentive Agreement. The Trustee is hereby directed to enter into the Incentive Agreement and to perform the duties and obligations provided for therein. In entering into the Incentive Agreement, and in performing any duties or obligations or taking any actions thereunder, the Trustee will be doing so as Trustee under this Agreement, and will be entitled to all of the rights, protections and indemnities provided in this Agreement in connection with its serving as Trustee hereunder. In furtherance of the foregoing, the Incentive Agreement shall be deemed to constitute a part of this Agreement for purposes of this Article VIII.
Incentive Agreement. (a) ACADIAN CONSENT TO ASSIGNMENT;
Incentive Agreement. SER shall execute and deliver to ------------------- SELLER the Incentive Agreement.
Incentive Agreement. At closing, Seller will enter into a contract of employment with Xxxx Xxxxxx that provides for salary and benefits and incentive earnings as detailed below: x Salary. Xxxx Xxxxxx will remain for three years as the Vice President of Operations of Segmentz, d/b/a Frontline Freight/Bullet Freight of Orlando, Inc. at a base salary of $55,000
Incentive Agreement. Notwithstanding anything to the contrary contained herein, in no event shall Borrower (i) pledge, assign, transfer or convey any of Borrower’s rights the under the Incentive Agreement, (ii) amend, modify or waive any rights under the Incentive Agreement without the prior written approval of Administrative Agent, not to be unreasonably withheld or (iii) exercise any material rights or make any material elections, in each case, that are not in the ordinary course to enforce performance of the applicable counterparty, under the Incentive Agreement.