Payments During the PILOT Financial Assistance Term Sample Clauses

Payments During the PILOT Financial Assistance Term. The Lessee shall pay a PILOT Amount in respect of each City Tax Fiscal Year occurring during the PILOT Financial Assistance Term in accordance with the PILOT Calculation Table below and in accordance with the remainder of this Section 5.2; provided, however, that (i) the amount of the CCP PILOT for a given City Tax Fiscal Year shall never exceed the CCP Taxes for such City Tax Fiscal Year and (ii) the determination of CCP Taxes and Other Improvements Taxes in respect of a given City Tax Fiscal Year shall be based on actual Real Property Taxes for such City Tax Fiscal year. For each City Tax Fiscal Year occurring within: CCP PILOT for such City Tax Fiscal Year: PILOT Amount for such City Tax Fiscal year: Construction Period 100% of CCP Taxes for such City Tax Fiscal Year CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 1 after Construction Period 70.33% of CCP Taxes for such City Tax Fiscal Year CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 2 after Construction Period 70.33% of CCP Taxes for such City Tax Fiscal Year CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 3 after Construction Period 70.33% of CCP Taxes for such City Tax Fiscal Year CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 4 after Construction Period 70.33% of CCP Taxes for such City Tax Fiscal Year CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 5 after Construction Period 103% of the CCP PILOT for Year 4 after Construction Period CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 6 after Construction Period 103% of the CCP PILOT for Year 5 after Construction Period CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 7 after Construction Period 103% of the CCP PILOT for Year 6 after Construction Period CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 8 after Construction Period 103% of the CCP PILOT for Year 7 after Construction Period CCP PILOT for such City Tax Fiscal Year plus Other Improvements Taxes for such City Tax Fiscal Year Year 9 after Construction Period 103% of the CCP PILOT for Year 8 after Construction Period CCP PILOT for such City Tax...
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Related to Payments During the PILOT Financial Assistance Term

  • Conditions to Financial Assistance and its Disbursement The Grantor's obligations hereunder, including its obligation to make financial assistance available to the Recipient pursuant to the terms of this Agreement, are contingent upon compliance by the Recipient with the following conditions:

  • Disbursement of Financial Assistance Unless a different disbursement method is specified in that line of Exhibit C “Financial Assistance Award,” OHA will disburse the financial assistance awarded for A&D 82 Services provided under a particular line of the Financial Assistance Award to County in substantially equal monthly allotments during the period specified in that line of the Financial Assistance Award, subject to the following:

  • PROVISION OF FINANCIAL ASSISTANCE GRANT As authorized by Section 2 of this Agreement for the sole and express purpose of financing the Project defined and described in Appendix A of this Agreement, the estimated costs of which are set forth and described in Appendix D of this Agreement, the OPWC hereby agrees to provide financial assistance, subject to the terms and conditions contained in this Agreement, from the State Capital Improvements Fund which constitutes the proceeds of the Infrastructure Bonds, in an amount not to exceed Two Hundred Forty-Nine Thousand, Nine Hundred Ninety-Eight Dollars ($249,998). This financial assistance shall be provided in the form of a Grant. The OPWC Grant Control No. is CG10R. Once this grant amount is fully expended, the loan amount, which is part of this Project Agreement, will be drawn on for disbursing the remaining OPWC obligations contained in this Agreement. An exception applies if the loan amount is necessitated for the local share. In which case, grant and loan assistance will be disbursed concurrently. LOAN

  • Rental Assistance Payments and Overpayment The right of the Owner to receive payments under this Contract shall be subject to compliance with this Contract’s provisions. The Owner agrees that, absent written notice to the Program Administrator and return of the Rental Assistance Payment, acceptance of the Rental Assistance Payment shall be conclusive evidence that the Owner received the full amount due. Throughout the term of this Contract, Owner agrees to waive any late fees associated with the Rental Assistance Payment, provided that such payment is issued by the Program Administrator by the agreed upon date. Owner/Representative Initials: If the Program Administrator determines that the Owner was not entitled to any payments received, in addition to other remedies, the Program Administrator may require Owner to refund any overpayment to the Program Administrator.

  • Obligations of Business Associate Upon Termination Upon termination of this Agreement for any reason, business associate shall return to covered entity or, if agreed to by covered entity, destroy all protected health information received from covered entity, or created, maintained, or received by business associate on behalf of covered entity, that the business associate still maintains in any form. Business associate shall retain no copies of the protected health information.

  • OPWC Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby agrees to provide to the Recipient financial assistance not to exceed the amount as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project (the "Funds").

  • Rental Assistance Payment The rent due each month to the Owner under the Lease is identified in Exhibit A (the “Contract Rent”). The Owner shall not increase the Contract Rent during the term of this Contract. Owner/Representative Initials: The Program Administrator will provide a one time “Rental Assistance Payment” in the amount identified in Exhibit A to the Owner on behalf of the Tenant. The Rental Assistance Payment will be credited against the Contract Rent otherwise due under the Lease. The Tenant is responsible to the Owner for the “Tenant Contribution” identified in Exhibit A and any additional amounts due under the Lease not covered by the Rental Assistance Payment. Neither the Program Administrator nor the PJ assumes any obligation for the Tenant Contribution due monthly to the Owner, or the payment of any claim by the Owner against the Tenant. The Program Administrator's Rental Assistance Payment obligation is limited to making payment in the amount identified in Exhibit A on behalf of the Tenant to the Owner in accordance with this Contract.

  • Exceptions to the obligation to provide assistance 1. Assistance may be refused or may be subject to the satisfaction of certain conditions or requirements, in cases where a Party or the EAC Partner States as the case may be concerned is of the opinion that assistance under this Protocol would:

  • Coronavirus Relief Fund – Rental Assistance Application The Coronavirus Relief Fund – Rental Assistance Application should contain all the necessary information to determine whether a Household is potentially eligible for CRF assistance. In accordance with the provisions of Sections 760.20-760.37, Fla. Stat., it is unlawful to discriminate on the basis of race, religion, color, sex, familial status, national origin, or handicap in the award application process for Eligible Housing.

  • Calculation of Financial Assistance OHA will provide financial assistance to County at $834.61 per day, per authorized Individual. OHA is not obligated to pay County for expenditures beyond the limitation for the identified period of this Agreement. OHA will make monthly allotments from invoices, after XXX’s receipt, review, and approval of such invoices. All allotments made by OHA are subject to the limitation described herein.

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