Common use of SUPPLEMENTAL PAYMENTS Clause in Contracts

SUPPLEMENTAL PAYMENTS. Applicant shall make Supplemental Payments to the District, as set out in this Article VI. The Supplemental Payments made to the District are in addition to any payments the District is entitled to receive under Articles IV and V. The Supplemental Payments to the District shall not exceed the Supplemental Payment Limitation set out in Section 6.6 below, starting with the first complete or partial year of the Qualifying Time Period, and continuing through the 3rd year following the end of the Tax Limitation Period.

Appears in 6 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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SUPPLEMENTAL PAYMENTS. Applicant shall make annual Supplemental Payments to the District, as set out in this Article VI. The Supplemental Payments made to the District are in addition to any payments the District is entitled to receive under Articles IV and V. The Supplemental Payments to the District shall not exceed the Supplemental Payment Limitation set out in Section 6.6 below, starting with the first complete or partial year of the Qualifying Time PeriodPeriod and accruing on January 1st for each year thereafter, and continuing through the 3rd third year following the end of the Tax Limitation Period.

Appears in 1 contract

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

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