Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); Multiplied by The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Minus Any amounts previously paid to the District under Articles IV and V with respect to such Tax Year: Multiplied by The number 0.25; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third-Party Consultant described in Section 4.5, above shall adjust the Applicant's Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. (B) The aggregate outstanding amount of Credit Extensions to, or for the account of, the Borrowers; or
Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); Multiplied by The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Minus Any amounts previously paid to the District under Section 4.2 with respect to such Tax Year: Multiplied by The number 0.40; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. If the amount calculated above results in a negative number, then the Applicant’s Stipulated Supplemental Payment Amount shall be zero. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third Party Consultant shall adjust the Applicant’s Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); Multiplied by The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Minus Any amounts previously paid to the District under Section 4.2 and Article V with respect to such Tax Year: Multiplied by The number 0.50; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. If the amount calculated above results in a negative number, then the Applicant’s Stipulated Supplemental Payment Amount shall be zero. Based on the calculation above, the Parties agree that Applicant’s Stipulated Supplemental Payment Amount for all years prior to the first Tax Year of the Tax Limitation Period shall be zero. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third Party Consultant described in Section 4.5, above shall adjust the Applicant's Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. (ii) The aggregate unpaid balance of the Loan Account Minus
Minus. (iii) The aggregate undrawn Stated Amount of all then outstanding L/Cs.
Minus. (iv) The aggregate of the Availability Reserves.
Minus. On balance sheet liabilities relating to historical acquisitions based on the relevant put/call instruments and contractual formula with the minority shareholder using the latest audited statutory accounts available for these subsidiaries
Minus. 5. The number of Units cancelled due to any Surrender Charges collected from your interest in the Separate Account Division due to partial Surrenders; MINUS
Minus. The anticipated post-retirement Section 125 plan contributions of Five Thousand Dollars ($5,000) per year for seven (7) years. If a Teacher with an amortized adjusted retirement benefit under this paragraph A retires during his or her amortization period (i.e. before the final amortization installment of the adjusted retirement benefit is contributed to the plan for that Teacher), the Teacher shall be entitled to an amount in addition to the amortization amounts previously contributed to the 401(a) Plan. The additional amount to which the Teacher is entitled is equal to the total remaining amortization payments described above for that Teacher that have not yet been (and will not be) contributed to the 401(a) Plan, including any amortization payments that were not contributed to the 401(a) Plan due to the limitations imposed by Section 415 of the Internal Revenue Code, through the Teacher's final school year of employment, without any interest discounting. This additional amount will be paid to the Teacher as follows:
