State Incentives. In addition to the COF Grant, in order to induce Xxxxx Xxxxxxxx to make or have made on its behalf a Capital Investment of at least Fifteen Million Seven Hundred Fifty Thousand and 00/100 Dollars ($15,750,000.00), to retain at least Eight Hundred Ninety-Five (895) Baseline Jobs and to relocate such jobs to the Facility, and to create and Maintain at least Three Hundred Forty-Eight (348) New Jobs, all by and through the Performance Date, the Commonwealth expects to provide an estimated Three Hundred Forty-Eight Thousand and 00/100 Dollars ($348,000.00) from the Virginia Jobs Investment Program, which shall be used by Xxxxx Xxxxxxxx to pay or reimburse itself for recruitment and training costs.
State Incentives. In addition to the GOF Grant, in order to induce CEB to make and/or have made on its behalf a Capital Investment of at least One Hundred Forty-Nine Million Seven Hundred Thousand and 00/100 Dollars ($149,700,000.00) and to create a minimum of eight hundred (800) New Jobs by expanding, equipping, operating, and maintaining the CEB Facility at the Central Place development in Arlington County as of the Performance Date, the Commonwealth expects to provide the following additional incentives to CEB:
State Incentives. In addition to the COF Grant, in order to induce APT to make a Capital Investment of at least Six Million Eight Hundred Thousand and 00/100 Dollars ($6,800,000.00) and to create and Maintain a minimum of three hundred sixty-eight (368) new jobs (in excess of the Baseline) by expanding, improving, equipping, operating, and maintaining the Facility in Arlington County, the Commonwealth will provide up to Three Hundred Sixty- Eight Thousand and 00/100 Dollars ($368,000.00) from the Virginia Jobs Investment Program, which shall be used by APT to pay or reimburse itself for recruitment and training costs for such new jobs. APT will receive One Thousand Dollars ($1,000.00) per each qualifying new job from the Virginia Jobs Investment Program, to be paid by the Commonwealth promptly following an application by APT following the new job having been employed by APT for ninety (90) days.
State Incentives. In addition to the COF Grant, in order to induce Nestle to meet the Capital Investment Target and the New Jobs Target by expanding, improving, equipping, operating, and maintaining the Facility in Arlington County, the Commonwealth will provide:
State Incentives. In addition to the COF Grant, in order to induce Lidl to make a Capital Investment of at least Seventy-Seven Million and 00/100 Dollars ($77,000,000.00), and to create and Maintain a minimum of five hundred (500) New Jobs by acquiring, improving, equipping, operating, and maintaining the Lidl Facility in Arlington County as of the Performance Date, the parties mutually understand the Commonwealth has stated its intention to provide the following additional incentives to Lidl:
State Incentives. The COF Grant is the only incentive being offered by the Commonwealth to AIR to induce AIR to make a Capital Investment of at least Twelve Million Five Hundred Thousand and 00/100 Dollars ($12,500,000.00) and to create and Maintain at least three hundred twenty (320) New Jobs by locating, renovating, improving, equipping, operating and maintaining the Facility, all as of the Performance Date. The proceeds of the COF Grant shall be used for the purposes described in Section 3(d).
State Incentives. In addition to the COF Grant, in order to induce BNA to meet the Capital Investment Target and the New Jobs Target by renovating, improving, equipping, operating, and maintaining the Facility in Arlington County, the Commonwealth will provide up to $100,000 from the Virginia Jobs Investment Program, which shall be used by BNA to pay or reimburse itself for recruitment and training costs for such New Jobs. BNA will receive $800 per each qualifying New Job from the Virginia Jobs Investment Program, based upon the procedures and timing for that Program.
