Administrative Expense Requirement definition

Administrative Expense Requirement means an annual amount equal to $[ ], or such lesser amount as may be designated by written instruction from an Authorized Representative to the Fiscal Agent, to be allocated as the first priority of Special Taxes received each Fiscal Year for the payment of Administrative Expenses.

Administrative Expense Requirement means $20,000.

Administrative Expense Requirement means an amount up to a maximum of

Examples of Administrative Expense Requirement in a sentence

• To the Administrative Expense Fund, an amount equal to the Administrative Expense Requirement of $30,000.

• To the extent that Administrative Expenses are not fully satisfied in (a) above, to the Administrative Expense Fund in the amount(s) required to bring the balance therein to the amount identified by the Community Facilities District to the Fiscal Agent to meet such additional Administrative Expenses (over and above the Administrative Expense Requirement) in the coming Fiscal Year, or Administrative Expenses from a prior Fiscal Year which remain unpaid.

• Upon the City’s receipt of a written request from Master Developer and the CFD Administrator, the Special Tax Rates on Taxable Property may be reduced to a level which will provide not less than the sum of estimated Administrative Expense Requirement and one hundred ten percent (110%) of the estimated debt service with respect to the amount of Bonds requested to be issued in such written request.

• To the Administrative Expense Fund, an amount specified in writing by the District, up to the Administrative Expense Requirement.

• You can determine it is similar to what is already allowed by right in the zone or a special permit use and you need to get a special use.

More Definitions of Administrative Expense Requirement

Administrative Expense Requirement means an amount of $30,000 per Fiscal Year, as set forth in the Fiscal Agent Agreement.

Administrative Expense Requirement means an amount, not in excess of the aggregate maximum annual assessment for Administrative Expenses permitted to be levied within the Reassessment District as set forth in the Engineer’s Report, to be specified each year by the Director of Administrative Services to be used for Administrative Expenses.

Administrative Expense Requirement means the amount of $91,424.58, which shall be increased by two percent (2.00%) each Fiscal Year thereafter commencing Fiscal Year 2014- 2015, as set forth in the Fiscal Agent Agreement.

Administrative Expense Requirement means the amount of $150,000, escalating by 2% per Bond Year beginning September 2, 2016, less the amount deposited in the Administrative Expense Account under the 2005 Bonds Indenture in a Bond Year, provided that the District may, in its sole discretion, fund additional Administrative Expenses, without limitation, from any other funds available to the District.

Administrative Expense Requirement means an annual amount equal to $ , which shall increase each Fiscal Year by two percent (2%), or such lesser amount as may be designated by written instruction from an Authorized Representative to the Fiscal Agent, to be allocated as the first priority of Special Taxes received each Fiscal Year for the payment of Administrative Expenses.

Administrative Expense Requirement means an annual amount equal to $25,000 in Fiscal Year 2021-22 and increases by 2% per year thereafter, or such lesser amount as may be designated by written instruction from an Authorized Representative to the Fiscal Agent, to be allocated as the first priority of Special Taxes received each Fiscal Year for the payment of Administrative Expenses.

Administrative Expense Requirement means an amount up to a maximum of $30,000 per Fiscal Year.