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.
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Examples of Annual Service Charge Payment Dates in a sentence

  • 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.

  • 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.

  • Annual Service Charge Payment Dates: February 1, May 1, August 1 and November 1 of each year, commencing after the Certificate of Completion is issued for the Facility and ending on the Termination Date.

  • 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.

  • Annual Service Charge Payment Dates – shall mean 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.

  • 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.

  • Annual Service Charge Payment Dates – shall mean each February 1, May 1, August 1 and November 1 following the Annual Service Charge Start Date and continuing in accordance with the term of this Agreement.

  • In consideration of the exemption from taxation for the Improvements (and where applicable, the Land), each Owner agrees that payment of the Annual Service Charge shall be due and payable to the Borough on the Annual Service Charge Payment Dates, commencing to accrue as of the Annual Service Charge Start Date applicable to such Owner, in the amount set forth in the Payment Schedule annexed hereto in Exhibit E.

  • 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.

  • 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.

Related to Annual Service Charge Payment Dates

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Annual Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Issuer and its Subsidiaries.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.