CID Cap definition

CID Cap means the limitation on the amount of CID Sales Tax available to Developer for reimbursement of Eligible Expenses as set forth in Section 3.04(b) hereof. The CID Cap is $2,000,000.
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CID Cap means the limitation on the amount of CID Sales Tax available to Developer for reimbursement of all eligible CID Improvement Costs as set forth in Section 5.04(a).
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CID Cap means the limitation on the amount of CID Sales Tax available to Developer for reimbursement of CID Eligible Expenses as set forth in Section 11.4(a) of the Agreement, as modified by the Amendment. The CID Cap is [$375,000].
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Examples of CID Cap in a sentence

  • Developer, subject to the terms and conditions of this Agreement, including the CID Cap set forth in Section 3.04 below, shall be reimbursed for the CID Improvement Costs from and to the extent of the CID Sales Tax proceeds collected during the Term.

  • In no event will the reimbursement described hereunder exceed the CID Cap.


More Definitions of CID Cap

CID Cap means $500,000.00.
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Related to CID Cap

  • Fully Diluted Capitalization means the aggregate number, as of immediately prior to the First Equity Financing, of issued and outstanding shares of Capital Stock, assuming full conversion or exercise of all convertible and exercisable securities then outstanding, including shares of convertible Preferred Stock and all outstanding vested or unvested options or warrants to purchase Capital Stock, but excluding (i) the issuance of all shares of Capital Stock reserved and available for future issuance under any of the Company’s existing equity incentive plans, (ii) convertible promissory notes issued by the Company, (iii) any SAFEs, and (iv) any equity securities that are issuable upon conversion of any outstanding convertible promissory notes or SAFEs.

  • Installed Capacity or 'IC’ means the summation of the name plate capacities of all the units of the generating station or the capacity of the generating station (reckoned at the generator terminals), approved by the Commission from time to time;