Annual Service Charge Payment Dates definition

Annual Service Charge Payment Dates means February 1, May 1, August 1 and November 1 of each year commencing on the first such date following the Annual Service Charge Start Date and continuing in accordance with the term of this Financial Agreement.

Examples of Annual Service Charge Payment Dates in a sentence

  • The Entity agrees that payment of the Annual Service Charge shall be due and payable to the Township on the Annual Service Charge Payment Dates during the Exemption Term.

  • In consideration of the exemption from taxation for the Improvements, including the Units, the Urban Renewal Entity shall pay the Annual Service Charge to the City on the Annual Service Charge Payment Dates in the amounts set forth below.

  • Each Owner agrees that payment of the Annual Service Charge shall be due and payable to the Township on the Annual Service Charge Payment Dates, commencing to accrue as of the Annual Service Charge Start Date.

  • In consideration of the exemption from taxation for the Improvements, the Urban Renewal Entity shall pay the Annual Service Charge to the City on the Annual Service Charge Payment Dates in the amounts set forth below.

  • A nnual Service Charge: The amount the Entity has agreed to pay the Borough pursuant to Article IV herein with respect to the Improvements, which: (a) Entity has agreed to pay in part for municipal services supplied to the Project, (b) is in lieu of any taxes on the Improvements pursuant to N.J.S.A. 40A:20-12, (c) shall be paid on the Annual Service Charge Payment Dates as defined herein, and (d) shall be pro-rated in the year in which this Agreement begins and the year in which this Agreement terminates.

  • In consideration of the exemption from taxation for the Improvements, including the Units, each Owner shall pay the Annual Service Charge to the Township on the Annual Service Charge Payment Dates in the amounts set forth below.