Business Subsidy Agreement definition

Business Subsidy Agreement means the agreement between the Recipient as defined herein and the City entered into pursuant to the Business Subsidy Act describing the subsidy, specific tangible goals (i.e., create number of jobs, establish minimum wage rates and time periods in which goals will be achieved) and providing remedy for failure to achieve goals and providing for reporting to the State of Minnesota.
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Business Subsidy Agreement means the business subsidy agreement required by the Business Subsidy Act, Minnesota Statutes, Sections 116J.993 to 116J.995 and Section 4.2, attached as Exhibit J.
Sample 1
Business Subsidy Agreement means the business subsidy agreement set forth in Section 7.1 hereof.
Sample 1

Examples of Business Subsidy Agreement in a sentence

  • If all or a portion of the Loan must be repaid in accordance with Section 7.1 (Business Subsidy Agreement), payments of principal and interest shall commence on the first day of the first month following the Loan repayment commencement Date and shall continue on the first day of each and every month thereafter until paid in full.

  • If Authority notifies Borrower that all or a portion of the Loan must be repaid pursuant to a default by the Borrower with respect to the goals described in Section 7.1 (a) (3) of the Business Subsidy Agreement as of the applicable Compliance Date and one year extension, if granted, the term of the Loan shall be one (1) year, commencing as of the date of any default by the Borrower.

  • Upon execution of this Agreement, the City, Authority and Redeveloper will enter into a Business Subsidy Agreement in the form shown on Exhibit J.

  • City approval of the Project is conditioned on the Developer entering into this Agreement, the Developer successfully completing the environmental review process, the Developer entering into a Tax Abatement and Business Subsidy Agreement with the City and County in a form acceptable to the City and County contemporaneous with the execution of this Agreement, and approval of Developer’s wetland Notice of Application (NOA) by Minnesota’s Bureau of Water and Soil Resources (“BWSR”).

  • Section 4.1 Maintenance and Operation of the Minimum Improvements 12 Section 4.2 Business Subsidy Agreement 12 Section 4.3 Water Treatment Plant Easement 12 Section 4.4 Public Transit Easement 12 Section 4.5 Third Floor Lease Option.

  • The Loan shall be forgiven by the Authority upon satisfaction by the Borrower of the terms of the Business Subsidy Agreement.

  • Notary Public EXHIBIT I Redeveloper Pro Forma EXHIBIT J Business Subsidy Agreement This Business Subsidy Agreement (this “Agreement”) is made as of the 18th day of April, 2012, between the City of Edina, Minnesota and the Housing and Redevelopment Authority of the City of Edina (together, the “Grantors”) and Southdale Limited Partnership, a Delaware limited partnership (the “Recipient” and, together with the Grantors, the “Parties”).

  • CITY OF STEWARTVILLE By: Mayor Attest: Exhibit A Report by as Recipient of Business Subsidy This report is required by that certain Business Subsidy Agreement, dated as of (the "Agreement"), between the City of Rochester, Minnesota (the "City"), and , and as required by Minnesota Statutes, Section 116J.994, Subdivision 7, as amended.


More Definitions of Business Subsidy Agreement

Business Subsidy Agreement means an agreement between a Grantor and a Recipient that meets the requirements of Section 116J.994, subd. 3 of the Business Subsidy Act. The Business Subsidy Agreement may be incorporated into a broader Development Agreement for a project.
Sample 1
Business Subsidy Agreement means the agreement between the Recipient as defined herein and the City entered into pursuant to the Business Subsidy Act.
Sample 1

Related to Business Subsidy Agreement

  • Group Member Agreement means the partnership agreement of any Group Member, other than the Partnership, that is a limited or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership, limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Services Agreement means an agreement entered into between a Utility and one or more Affiliates for the provision of Shared Services or For Profit Affiliate Services and shall provide for the following matters as appropriate in the circumstances:

  • Program Agreements means, collectively, this Agreement, the Guaranty, if any, the Custodial Agreement, the Pricing Side Letter, each Underlying Entity Agreement, if any, the Administration Agreement, the Electronic Tracking Agreement, if any, the Netting Agreement, the Custodial Account Control Agreement, each Holdback Account Control Agreement, if any, each Power of Attorney, each Servicing Agreement, if any, and each Servicer Notice, if any.

  • Reseller Agreement means the separate agreement between Customer and Reseller regarding the Services. The Reseller Agreement is independent of and outside the scope of This Agreement.

  • Master Services Agreement means the master services agreement dated as of the date hereof, among the Service Providers, the Partnership, the Holding LP, the Holding Entities and others;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Transaction Agreement has the meaning set forth in the recitals.

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Program Agreement means an agreement between the Contractor and DSHS containing special terms and conditions, including a statement of work to be performed by the Contractor and payment to be made by DSHS.

  • Transition Services Agreements means the transition services agreements between the Purchaser and one or more of the Sellers in substantially the forms attached hereto as Exhibit D and Exhibit E.

  • Member Agreement means collectively the Membership and Account Agreement and any other account information provided to you by us from time to time.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Regulatory Services Agreement means the agreement between BSEF and the Regulatory Services Provider whereby the Regulatory Services Provider provides market surveillance and trade practice surveillance functions as well as other compliance related services to the SEF operated by BSEF.

  • Transition Services Agreement means a transition services agreement substantially in the form attached hereto as Exhibit C to be entered into between Seller and Purchaser at the Closing.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Corporate Services Agreement means the corporate services agreement dated on or about the Closing Date between the Issuer and the Corporate Services Provider, together with any agreement for the time being in force amending or supplementing such agreement.

  • Seller Ancillary Documents means any agreement or other instrument, other than this Agreement, but including the Commercial Agreements, to be executed and delivered by a Seller or an Affiliate thereof in connection with the transactions contemplated hereby.

  • Company Ancillary Agreements means, collectively, each certificate to be delivered on behalf of the Company by an officer or officers of the Company at the Closing pursuant to Article VII and each agreement or document (other than this Agreement) that the Company is to enter into as a party thereto pursuant to this Agreement.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Labor peace agreement means an agreement between an entity and a

  • Co-operation Agreement means the agreement between the Exchange and Oslo Børs with regards to the access to the Linked Order Book;

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.