Base Payments definition
Examples of Base Payments in a sentence
Each Lease (other than an Advance Payment Plan Lease) provides for Total Payments that include Base Payments.
The Initial Year Payment shall consist of only Base Payments (after all applicable offsets).
Base Payments for each Settling State will then be allocated 15% to its State Fund, 70% to its Abatement Accounts Fund, and 15% to its Subdivision Fund.
The Base Payments will be allocated by Settling State proportionate to each Settling State’s State Allocation Percentage in Exhibit F-2, adjusted for any Non-Settling State.
A Later Participating Special District that becomes a Participating Special District while a Bar or Case-Specific Resolution involving a different Special District exists in its State shall receive 25% of the share of future Base Payments or Incentive Payments that it would have received had it become a Later Participating Special District without such Bar or Case-Specific Resolution.