Proportionate Share Credits Sample Clauses

Proportionate Share Credits. (a) The TND Credit. Pursuant to Section 402.7 of the County’s Concurrency Management Ordinance, the County and the Developer agree that the Project shall be granted a proportionate-share credit for the nonresidential entitlements developed in accordance with the County’s TND ordinance and, where applicable, the Town Center Future Land Use classification) (277,150 square feet of retail, 170,520 square feet of office, 120-bed ACLF, 30,000 square feet of Day Care, 16-screen Multiplex Theater, and 100 Hotel rooms) in the amount of Twenty-Five Million Three Hundred Twenty-Five Thousand Six Hundred Forty-One and 00/100 Dollars ($25,325,641.00) (June 2008 Dollars) (TND Credit). The TND Credit assumes that all nonresidential land uses (other than those in the Business Park) shall be developed in accordance with the TND Ordinance and where applicable, the Town Center Future Land Use requirements of the Comprehensive Plan.
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Proportionate Share Credits. (a) The TND Credit. Pursuant to Section 402.7 of the County’s Concurrency Management Ordinance, the County and the Developer agree that the Project shall be granted a proportionate-share credit for the nonresidential entitlements developed in accordance with the County’s TND ordinance and, where applicable, the Town Center Future Land Use classification) (277,150 square feet of retail, 170,520 square feet of office, 120-bed ACLF, 30,000 square feet of Day Care, 16-screen Multiplex Theater, and 100 Hotel rooms) in the amount of Nineteen Million Three Hundred Twenty-Five Thousand Six Hundred Forty-One and 00/100 Dollars ($19,325,641.00) (June 2008 Dollars) (TND Credit). The TND Credit assumes that all nonresidential land uses (other than those in the Business Park) shall be developed in accordance with the TND Ordinance and where applicable, the Town Center Future Land Use requirements of the Comprehensive Plan. In the event the Transportation Backlog Authority for S.R. 54 or other revenue source acceptable to the County pursuant to Section 4a(1)(e) is adopted, the TND Credit shall automatically be increased by Six Million and 00/100 Dollars ($6,000,000.00) to Twenty-Five Million Three Hundred Twenty- Five Thousand Six Hundred Forty-One and 00/100 Dollars ($25,325,641.00) (June 2008 dollars).
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Related to Proportionate Share Credits

  • PROPORTIONATE SHARE If the Premises are a part of a multiple tenancy complex, the responsibility of the Lessee for costs are determined by taking a percentage of the total cost of the expenses based upon the rentable floor space in said complex occupied by the Lessee. It is agreed that the Premises is [%] ("Proportionate Share") of the total floor space in the building. The Lessor may, with notice to the Lessee, elect to perform and provide certain maintenance and services pertaining to the entire building or area of which the Premises are a part, including, but not limited to, landscaping, trash removal, lawn maintenance, common area lighting, watering, paving maintenance, and snow removal. In such event, the Lessee shall reimburse the Lessor for its Proportionate Share of such maintenance services. Within ninety (90) days following the end of each year during the Term, the Lessor shall furnish the Lessee with a written statement covering the lease year just expired (measured from the Commencement Date), showing in reasonable detail a general breakdown of the total operating costs, the amount of the Lessee's obligation relating thereto, and the total payments made by the Lessee. The Lessee agrees to conduct its business in a lawful and legal manner, and in a way that provides quiet enjoyment to the rest of the Lessees in the complex, including, but not limited to, mitigation and limitation of noise, vibration, odor, trash, or fumes. In the event the Lessor receives complaints from other Lessees in the building or complex and determines, in its sole reasonable judgment, that the Lessee is conducting its operations in a manner so as to be objectionable to other Lessees, the Lessee shall, upon notice from the Lessor, promptly modify its operations to eliminate such objections.

  • Proportionate Amounts Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loan or the Commitment assigned.

  • Proportionate liability To avoid doubt, the parties agree that section 35 of the Civil Liability Act 2002 (NSW) applies to any apportionable claim relating to this agreement.

  • Proportionate Leave on Termination Where an employee has given five working days' or more continuous service, inclusive of any day off as prescribed by Clause 11(1) - Hour or 16(4) - Shift Work (exclusive of overtime), and he/she either leaves his/her employment of his/her employment is terminated by the employer he/she shall be paid a twelfth of a week's wages for each completed five working days of continuous service with his/her current employer for which leave has not been granted or paid for in accordance with this award.

  • Direct Expenses 1. Fees and expenses of its directors (including the fees of those directors who are deemed to be "interested persons" of the Fund as that term is defined in the Investment Company Act of 1940) and the meetings thereof;

  • Cost Share Federal and provincial governments support AgriInsurance programs by paying all administration expenses and sharing premium costs with the Insured.

  • Lodging Allowance ‌ Employees on travel status who stay in non-commercial lodging shall be entitled to claim $30 per day except where the lodging is supplied by the Employer. An employee submitting a lodging allowance claim shall not be entitled to reimbursement for commercial lodging costs for the same period.

  • Pro Rata Payments Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same oRering, based on the Principal Amount of each such Note. If a Holder receives a payment in excess of his, her, or its pro rata share, the excess shall be deemed to be held in trust for the benefit of other Holders.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.

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