Total Value Subject to PILOT Sample Clauses

Total Value Subject to PILOT. (i) The total value subject to PILOT ("TVSP") for the 2009 Project shall be the following amounts for the years 2011-2025: Improvement Present Improvement Exemption Value Net of Payment Date Value Value Percentage Exemption Amount Exemption February 1, 2012 $ 400,000 $ 300,000 100.00% $ 300,000 $ $ 400,000 February 1, 2013 $ 400,000 $ 300,000 100.00% $ 300,000 $ $ 400,000 February 1, 2014 $ 400,000 $ 300,000 100.00% $ 300,000 $ $ 400,000 February 1, 2011 $ '400,000 $ 300,000 100.00% $ 300,000 $ $ 1VSP 400,000 February 1, 2015 $ 400,000 $ 300,000 100.00% $ 300,000 $ $ February 1, 2016 $ 400,000 $ 300,000 90.00% $ 270,000 $ 30,000 $ 7ebruary 1, 2018 $ 400,000- $ 300,000 70.00% $ 210,000 $ 90,000 $ 490,000 February 1, 2019 $ 400,000 $ 300,000 60.00% $ 180,000 $ 120,000 $ 520,000 February 1, 2020 $ 400,000 $ 300,000 50.00% $ 150,000 $ 150,000 $ 550,000 February 1, 2021 $ 400,000 $ 300,000 40.00% $ 120,000 $ 180,000 $ 580,000 February 1, 2022 $ 400,000 $' 300,000 30.00% $ 90,000 $ 210,000 $ 610,000 February 1, 2023 $ 400,000 $ 300,000 20.00% $ 60,000 $ 240,000 $ 640,000 February 1, 2024 $ 400,000 $ 300,000 10.00% $ 30,000 $ 270,000 $ 670,000 February 1, 2025 $ 400,000 $ 300,000 0.00% $ $ 300,000 $ 700,000 February 1, 2017 $ 400,000 $ 300,000 80.00% $ 240,000 $ 60,000 $ 400,000 430,000 460,00P
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Total Value Subject to PILOT. The total value subject to PILOT ("Total Value Subject to PiLOT") shall be the following amounts for the following years: Year Payment Due Date Total Value Subject to PILOT 1 February 15, 2018 $212,500 60321-0 I 7v3 2 February 15, 2019 $212,500 3 February 15, 2020 -$212,500 4 February 15, 2021 $212,500 5 February 15, 2022 $212,500 Year Date PILOT Base New Construction Exemption Percentage Exemption Amount Taxable New Construction Xxx.xx Value Subject To PILOT 6 February 15, 2023 $212,500 $955,320 90% $859,788 $95,532 $308,032 7 February 15, 2024 $212,500 $955,320 80% $764,256 $191,064 $403,564 8 February 15, 2025 $212,500 $955,320 70% $668,724 $286,596 $499,096 9 February 15, 2026 $212,500 $955,320 60% $573,192 $382,128 $594,628 10 February 15, 2027 $212,500 $955,320 50% $477,660 $477,660 $690,160 11 February 15, 2028 $212,500 $955,320 40% $382,128 $573,192 $785,692 12 February 15, 2029 $212,500 $955,320 30% $286,596 $668,724 $881,224 13 February 15, 2030 $212,500 $955,320 20% $191,064 $764,256 $976,756 14 February 15, 2031 $212,500 $955,320 10% $95,532 $859,788 $1,072,288 February 15, 2032 $212,500 $955,320 0.00% $0.00 $955,320 $1,167,820

Related to Total Value Subject to PILOT

  • Subject to Annual Appropriation Consistent with Article X, § 20 of the Colorado Constitution, any financial obligation of the Town not performed during the current fiscal year is subject to annual appropriation, shall extend only to monies currently appropriated, and shall not constitute a mandatory charge, requirement, debt or liability beyond the current fiscal year.

  • Agreement Subject to XXXXX Xxxxxx The Interconnection Customer will comply with all applicable provisions of the CAISO Tariff, including the LGIP.

  • Entity Accounts Subject to Review A Preexisting Entity Account that has an account balance or value that exceeds $250,000 as of June 30, 2014, and a Preexisting Entity Account that does not exceed $250,000 as of June 30, 2014 but the account balance or value of which exceeds $1,000,000 as of the last day of 2015 or any subsequent calendar year, must be reviewed in accordance with the procedures set forth in paragraph D of this section.

  • Agreement Subject to CAISO Tariff The Parties will comply with all applicable provisions of the CAISO Tariff. This Agreement shall be subject to the CAISO Tariff which shall be deemed to be incorporated herein.

  • Judicial Council 's Obligation Subject to Availability of Funds A. The Judicial Council's obligation under this Agreement is subject to the availability of authorized funds. The Judicial Council may terminate the Agreement or any part of the Contract Work, without prejudice to any right or remedy of the Judicial Council, for lack of appropriation of funds. If expected or actual funding is withdrawn, reduced, or limited in any way prior to the expiration date set forth in this Agreement, or in any Amendment hereto, the Judicial Council may, upon written Notice to the Contractor, terminate this Agreement in whole or in part. Such termination shall be in addition to the Judicial Council's rights to terminate for cause or other than for cause, as set forth herein.

  • HOW DO I OBJECT TO THE SETTLEMENT Settlement Class Members who do not submit a written Request for Exclusion may present a written objection to the Settlement explaining why they believe that the Settlement should not be approved by the Court as fair, reasonable, and adequate. To object to the Settlement, a Settlement Class Member must submit a written objection to the Settlement Administrator that it is postmarked on or before [INSERT], and include a detailed written statement of the objection(s) and the aspect(s) of the Settlement being challenged, as well as the specific reasons, if any, for each such objection, including any evidence and legal authority that the Settlement Class Member wishes to bring to the Court’s attention. Any objection after that time will not be considered. All written Objections must be sent to the Settlement Administrator at the following address: [INSERT] That written statement shall contain (a) the Settlement Class Member’s printed name, address, telephone number, email address (if any), and date of birth; (b) evidence showing that the objector is a Settlement Class Member, including the address of the residence or structure that contains or contained the Class Generator and proof that the residence or structure contains or contained the Class Generator (photographs, contemporaneous installation records, etc.); (c) any other supporting papers, materials, or briefs that the objecting Settlement Class Member wishes the Court to consider when reviewing the objection; (d) the actual written signature of the Settlement Class Member making the objection; and (e) a statement whether the objecting Settlement Class Member and/or his, her, or its counsel intend to appear at the Final Approval Hearing. A Settlement Class Member may object on his or her own behalf or through an attorney; however, even if represented, the Settlement Class Member must individually sign the objection and all attorneys who are involved in any way asserting objections on behalf of the Settlement Class Member must be listed on the objection papers. Counsel for the Parties may take the deposition of any objector prior to the Final Approval Hearing in a location convenient for the objector. If a Settlement Class Member or counsel for the Settlement Class Member who submits an objection to this Settlement has objected to a class action settlement on any prior occasion, the objection shall also disclose all cases in which they have filed an objection by caption, court and case number, and for each case, the disposition of the objection. Any objector who files and serves a timely written objection as described above may appear and speak at the Final Approval Hearing, either in person at their own expense or through personal counsel hired at the objector’s expense, to object to the fairness, reasonableness, or adequacy of any aspect of the Settlement on the basis set forth in the written objection. As noted above, objectors or their attorneys who intend to make an appearance at the Final Approval Hearing must state their intention to appear in the objection. An objector shall be entitled to all of the benefits of the Settlement if this Settlement Agreement and the terms contained herein are approved, as long as the objector complies with all requirements of this Settlement Agreement applicable to Settlement Class Members, including the timely and complete submission of a Claim Form and other requirements herein. A Settlement Class Member who objects can, on or before the Final Approval Hearing, withdraw their objection by submitting a written request to the Settlement Administrator stating their desire to withdraw their objection along with their signature.

  • Subject to s 58 Employment Relations Xxx 0000, coverage of this employment agreement shall only apply when an individual, who meets the eligibility criteria of 1.2, advises his or her employer of their membership of STONZ. This clause is not to exclude employees being covered by the terms of this agreement as a result of a statutory requirement for new employees to be covered by the terms of a collective agreement on their commencement as an employee.

  • Claims Subject to Arbitration Except as expressly provided below, the parties agree that to the fullest extent permitted by applicable law, any dispute arising out of or relating in any way to this Agreement or a similar prior agreement, the Property or the relationship between Resident and Owner or Manager (including matters occurring prior to the date of this Agreement and disputes also involving third parties) (collectively, “Claims”) will, at the election of either party, be resolved by arbitration, including any dispute about arbitrability, such as scope and enforceability.

  • How are Required Minimum Distributions Computed A required minimum distribution (“RMD”) is determined by dividing the account balance (as of the prior calendar year end) by the distribution period. For lifetime RMDs, there is a uniform distribution period for almost all IRA owners of the same age. The uniform distribution period table is based on the joint life and last survivor expectancy of an individual and a hypothetical beneficiary 10 years younger. However, if the IRA owner’s sole beneficiary is his/her spouse and the spouse is more than 10 years younger than the account owner, then a longer distribution period based upon the joint life and last survivor life expectancy of the IRA owner and spouse will apply. An IRA owner may, however, elect to take more than his/her RMD at any time.

  • Subject to Funds Availability The Contract is subject to the appropriation and availability of State and/or Federal funds. In the event that the funds are not appropriated or are otherwise unavailable, the Institution reserves the right to terminate the Contract upon written notice to the Contractor. Termination under this Section E.2 shall not be deemed a breach of Contract by the Institution. Upon receipt of the written notice, the Contractor shall cease all work associated with the Contract. Should such an event occur, the Contractor shall be entitled to compensation for all satisfactory and authorized services completed as of the termination date. Upon such termination, the Contractor shall have no right to recover from the Institution any actual, general, special, incidental, consequential, or any other damages whatsoever of any description or amount.

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