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.
Sample 1Sample 2Sample 3
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 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

Examples of Business Subsidy Agreement in a sentence

  • The Business Subsidy Agreement must be executed by both the Grantor and the Recipient.

  • The Business Subsidy Agreement must be approved by the governing body of the Grantor, and if the Grantor is not the City, the Business Subsidy Agreement must also be approved by the City Council.

  • A qualified business is a business located in a Zone that has entered into a Business Subsidy Agreement (BSA) with a local government.

  • After the taxes are paid, the County will abate the dates according to the terms of the resolution approving the abatement and the Tax Abatement and Business Subsidy Agreement.

  • As provided in section 4 of this Policy, all developers/businesses receiving TAF assistance shall enter into a Tax Abatement and Business Subsidy Agreement with the County.

  • A qualified business must have signed a Business Subsidy Agreement with the zone administrator.

  • 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.

  • While the MOU contemplated the possible need to draft and approve a "Business Subsidy Agreement," further evaluation determined that this particular public assistance does not meet the statutory criteria that would otherwise trigger the need for such an Agreement.

  • In order to be entitled to the Abatement, the Developer shall not be in default within the City of any of its payment obligations respecting any taxes, assessments, utility charges or other governmental impositions, or in any material respect with the Tax Abatement and Business Subsidy Agreement between the City and the Developer.

  • No. 10-14 work together, one approves the Business Subsidy Agreement and conveyance of land and the other authorizes the TIF note in the amount of $385,852.


More Definitions of Business Subsidy Agreement

Business Subsidy Agreement means the business subsidy agreement set forth in Section 7.1
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.

  • Acquisition Agreements has the meaning specified in the Recitals.

  • 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 Administration Agreement; Custodial Agreement; the Pricing Side Letter; the Electronic Tracking Agreement; the Collection Account Control Agreement; the Power of Attorney; each Servicing Agreement; each Servicer Notice; when entered into, the Subordination Agreement; and if entered into, the Escrow Agreement, the Intercreditor Agreement and the Joint Securities Account Control Agreement.

  • 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 that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield XX XXXX L.P. dated as of the date hereof.

  • Trade Agreements means any applicable trade agreement to which Ontario is a signatory.

  • 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.

  • Business Agreements has the meaning specified in Section 5.15.

  • Transition Services Agreements has the meaning set forth in Section 7.01(h).

  • 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 1.5.

  • 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.

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Transition Services Agreement means the transition services agreement substantially in the form attached hereto as Exhibit B.

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

  • Corporate Services Agreement means the Corporate Services Agreement dated as of the date hereof between the Borrower and the Services Provider, as amended from time to time in accordance with the terms hereof and thereof.

  • Seller Ancillary Documents means any certificate, agreement, document or other instrument, other than this Agreement, to be executed and delivered by the Seller or any Affiliate of the Seller in connection with the transactions contemplated hereby, including, but not limited to the Transaction Documents.

  • 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