CID Collection Period definition

CID Collection Period means the period that commences on the date that the CID Sales Tax is first imposed and concluding upon the date which is the earlier of the following: (a) the date that Developer has been reimbursed for all Eligible Expenses by Pay-As-You-Go CID Financing or (b) regardless of whether the Developer has been fully reimbursed for all Eligible Expenses, that date which is twenty two (22) years from the date that the CID Sales Tax is first imposed, as set forth in Section 3.04(c) hereof.
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CID Collection Period means the period of time in which CID Sales Tax shall be imposed and collected within the CID as set forth in Section 5.04(b).
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CID Collection Period means the period that commences on the date that the CID Assessments are first imposed and concluding upon the date which is the earlier of the following:
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Examples of CID Collection Period in a sentence

  • The Term of this Agreement shall commence on the Effective Date and shall expire following the last day of the later of the CID Collection Period and the TDD Collection Period (the "Term").

  • The Term of this Agreement shall commence on the Effective Date and shall expire upon the last day of the CID Collection Period (the "Term").

  • During the CID Collection Period (as defined below), all CID Sales Tax Proceeds generated within the Project Area 3 CID and received by the UG shall be deposited into the Project Area 3 CID Sales Tax Fund, which shall be established and administered by the UG in compliance with the laws of the State and this Agreement.

  • The Term of this Agreement shall commence on the Effective Date and shall expire on that date which is the later of: (a) the last day of the TIF Collection Period, or (b) the last day of the CID Collection Period, or (c) twenty (20) years from the Effective Date of this Agreement (the "Term").

  • Notwithstanding anything set forth in Section 4.3(a) or the balance of this Agreement which is seemingly to the contrary, at the end of the CID Collection Period, the parties understand and agree that the CID shall thereafter terminate, and the CID Assessments shall terminate and no longer be levied or collected within the District.

  • The Term of this Agreement shall commence on the Effective Date and shall expire upon that date which is the earlier of (a) the last day of the CID Collection Period, or (b) the date that Developer has been reimbursed for all Eligible Expenses by Pay-As- You-Go CID Financing (the "Term").

  • For purposes of illustrative example only, if Developer does not complete Phase 3 of the Project until a date which is fifteen (15) years after the first CID Assessment is imposed, then the CID Assessments for Phase 3 shall only run for seven(7) years – terminating at the end of the CID Collection Period.

  • The EDPL Executive will set a value for new players for each Division at the start of the year.

  • When and if the UG has been fully reimbursed for the UG's Contribution plus Interest, then the Developer may utilize any remaining CID Proceeds for the balance of the CID Collection Period for eligible Project Costs as described in the Total Project Budget, attached hereto as Exhibit H, and any other hard construction costs authorized by the CID Petition and legally eligible under the CID Act.

  • The Term of this Agreement shall commence on the Effective Date and shall expire upon that date which is the earlier of (i) the last day of the CID Collection Period, or (ii) the date that Developer has been reimbursed for all Eligible Expenses by Pay-As- You-Go CID Financing (the "Term").


More Definitions of CID Collection Period

CID Collection Period means that certain period in which CID Assessments are imposed and collected within the District as set forth in Section 4.3(e) hereof.
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CID Collection Period means that period that commences on the date that the CID Sales Tax is first imposed up to and concluding upon that date which is the earlier of the following: (a) the date that Developer has been reimbursed for all Eligible Expenses by Pay-As-You-Go CID Financing, or (b) regardless of whether the Developer has been fully reimbursed for all Eligible Expenses, that date which is twenty two (22) years from the date that the CID Sales Tax is first imposed as set forth in Section 11.4(b) of the Amendment.
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Related to CID Collection Period

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.