Phase 2 TIF Districts; Efforts to Maximize Revenue Sample Clauses

Phase 2 TIF Districts; Efforts to Maximize Revenue. Sunbury shall create one or more TIF districts that encompass Phase 2 (the “Phase 2 TIF Districts”). Sunbury agrees that it shall work cooperatively and in good faith with Developers to identify and implement legally permissible mechanisms for maximizing the amount of time during the term of each Phase 2 TIF district during which Service Payments will be made and deposited into the relevant TIF Fund(s). Sunbury and Developers recognize that the Property will be developed in multiple phases over time based on market conditions, so creativity with respect to the starting point of the 20-year term of each of the Phase 2 TIF Districts presents an opportunity to align such starting point(s) with the timing of development of each such phase. Unless otherwise agreed by Developers in writing, in order to maximize the amount of Service Payments collected from each Phase 2 TIF District, no Phase 2 TIF District shall be created until after such time as a final development plan has been approved for at least some portion of Phase 2 that will be located within the boundaries of that Phase 2 TIF District, and no Phase 2 TIF District shall include any portions of Phase 2 on which Developers estimate construction of private improvements will not commence on or before the third (3rd) anniversary of the date when the TIF Ordinance serving to create that Phase 2 TIF District becomes legally effective. Sunbury agrees that it shall engage the services of legal counsel at its sole cost and expense (but subject to the reimbursement provisions of Section 7) to advise Sunbury and inform Developers as to how revenues from Service Payments may be maximized.
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Related to Phase 2 TIF Districts; Efforts to Maximize Revenue

  • Cooperation in Loss Recovery Efforts In the event of any damages for which Bank or Customer may be liable to each other or to a third party pursuant to the services provided under this Agreement, Bank and Customer will undertake reasonable efforts to cooperate with each other, as permitted by applicable law, in performing loss recovery efforts and in connection with any actions that the relevant party may be obligated to defend or elects to pursue against a third party.

  • Treatment of Passthru Payments and Gross Proceeds The Parties are committed to work together, along with Partner Jurisdictions, to develop a practical and effective alternative approach to achieve the policy objectives of foreign passthru payment and gross proceeds withholding that minimizes burden.

  • Early and Safe Return to Work The Hospital and the Union both recognize their obligations in facilitating the early and safe return to work of disabled employees. The Hospital and the Union agree that ongoing and timely communication by all participants in this process is essential to the success of the process.

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2020-21, and as estimated costs for fiscal year 2022-23 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2022, for further allocation to federal grants and contracts performed by the respective county departments.

  • ASSISTANCE IN RELATED PROCUREMENTS 5.1 Where a Relevant Supplier is bidding to provide New Goods and/or Services in circumstances where the Supplier or an Affiliate of the Supplier is already providing (or due to provide) Legacy Goods and/or Services to a Contracting Body, the Supplier shall promptly provide the relevant Contracting Body and/or the Relevant Supplier with all reasonable information and assistance as may be required from time to time to enable the relevant Contracting Body and/or the Relevant Supplier, as appropriate, to:

  • Initial Forecasts/Trunking Requirements Because Verizon’s trunking requirements will, at least during an initial period, be dependent on the Customer segments and service segments within Customer segments to whom CSTC decides to market its services, Verizon will be largely dependent on CSTC to provide accurate trunk forecasts for both inbound (from Verizon) and outbound (to Verizon) traffic. Verizon will, as an initial matter, provide the same number of trunks to terminate Reciprocal Compensation Traffic to CSTC as CSTC provides to terminate Reciprocal Compensation Traffic to Verizon. At Verizon’s discretion, when CSTC expressly identifies particular situations that are expected to produce traffic that is substantially skewed in either the inbound or outbound direction, Verizon will provide the number of trunks CSTC suggests; provided, however, that in all cases Verizon’s provision of the forecasted number of trunks to CSTC is conditioned on the following: that such forecast is based on reasonable engineering criteria, there are no capacity constraints, and CSTC’s previous forecasts have proven to be reliable and accurate.

  • THIRD-PARTY REVENUE Subrecipient shall make every reasonable effort to obtain all available reimbursement from third parties (e.g., insurers), for which persons served hereunder may be eligible. All such third-party reimbursements received by Subrecipient shall be reported to County in the format required by County. The amount of such third-party reimbursements shall be deducted from County’s maximum obligation hereunder.

  • Required Good Faith Efforts In accordance with 5 NYCRR § 142.8, Contractors must document their good faith efforts toward utilizing MWBEs on the Contract. Evidence of required good faith efforts shall include, but not be limited to, the following:

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  • Emergency Action on Imports of Particular Products Where any product is being imported in such increased quantities and under such conditions as to cause, or threaten to cause:

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