Common use of PROCEDURES FOR SUPPLEMENTAL PAYMENT CALCULATIONS Clause in Contracts

PROCEDURES FOR SUPPLEMENTAL PAYMENT CALCULATIONS. (a) All calculations required by this Article, including but not limited to: (i) the calculation of the Stipulated Supplemental Payment amount; (ii) the determination of both the Annual Limit and the Aggregate Limit; and (iii) the effect, if any, of the Aggregate Limit upon the actual amount of Supplemental Payments eligible to be paid to the District by the Applicant, shall be calculated by the Third Party selected pursuant to Section 3.4. (b) The calculations made by the Third Party shall be made at the same time and on the same schedule as the calculations made pursuant to Section 3.6. (c) The payment of all amounts due under this Article shall be made at the time set forth in Section 3.7.

Appears in 4 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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PROCEDURES FOR SUPPLEMENTAL PAYMENT CALCULATIONS. (a) All calculations required by this ArticleArticle IV, including but not limited to: (i) the calculation of the Applicant’s Stipulated Supplemental Payment amountAmount; (ii) the determination of both the Annual Limit and the Aggregate Limit; and (iii) the effect, if any, of the Aggregate Limit upon the actual amount of Supplemental Payments eligible to be paid to the District by the Applicant, shall be calculated by the Third Party selected pursuant to Section 3.4. (b) The calculations made by the Third Party shall be made at the same time and on the same schedule as the calculations made pursuant to Section 3.6. (c) The payment of all amounts due under this Article IV shall be made at the time set forth in Section 3.7.

Appears in 2 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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PROCEDURES FOR SUPPLEMENTAL PAYMENT CALCULATIONS. (a) All calculations required by this ArticleArticle IV, including but not limited to: (i) the calculation of the Applicant’s Stipulated Supplemental Payment amountAmount; (ii) the determination of both the Annual Limit and the Aggregate Limit; and (iii) the effect, if any, of the Aggregate Limit upon the actual amount of Supplemental Payments eligible to be paid to the District by the Applicant, shall be calculated by the Third Party selected pursuant to Section 3.4. (b) The calculations made by the Third Party shall be made at the same time and on the same schedule as the calculations made pursuant to Section 3.6.on (c) The payment of all amounts due under this Article IV shall be made at the time set forth in Section 3.7.

Appears in 1 contract

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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