Benefit Date means the date that the recipient receives the business subsidy. If the business subsidy involves the purchase, lease, or donation of physical equipment, then the benefit date begins when the recipient puts the equipment into service. If the business subsidy is for improvements to property, then the benefit date refers to the earliest date of either:
Benefit Date means the date on which the recipient receives the business incentive. If the business incentive involves the purchase, lease, or donation of physical equipment, the benefit date is the date when the recipient puts the equipment into service. If the business incentive is for improvements to property, the benefit date is the earlier of either when the improvements are finished for the entire project or when a business occupies the property. If a business occupies the property and the business incentive grantor expects that other businesses will also occupy the same property, the grantor may assign a separate benefit date for each subsequent business when that subsequent business first occupies the property.
Benefit Date. [September 1, 2013] The later of the Contract Anniversary following the [59th] birthday of the Designated Life or the Rider Effective Date.
Examples of Benefit Date in a sentence
The Developer agrees that it will cause the Tenant to meet the following goals (the "Goals") in connection with the development of the Development Property: the Tenant will create at the Development Property at least 200 full time equivalent jobs having wage levels of at least 150% of the State of Minnesota minimum wage, exclusive of benefits within two years following the Benefit Date.
More Definitions of Benefit Date
Benefit Date means the date on which the recipient receives the business
Benefit Date means, for a Participant, the first day of the calendar year immediately following the calendar year in which his Retirement Date shall occur, upon which an amount of benefit shall be payable to him under this Plan.
Benefit Date means the date that the recipient receives the business subsidy. If the business
Benefit Date means the date when the Borrower occupies the Project, but shall be no later than March 31, 2011.
Benefit Date means the earlier of: a) the date the purchase of equipment, automation tooling, molds, manufacturing cells and fixtures is put into service; or b) June 30, 2017.
Benefit Date means August 28, 2006.
Benefit Date means, pursuant to Section 116J.993, Subd. 2, the date the Developer receives a business subsidy.