Economic Benefits definition

Economic Benefits means the creation of new employment opportunities or the retention of employment opportunities.b. Except as specifically included in the definition in paragraph “a”, “public use” or “public purpose” or “public improvement” does not mean economic development activities resulting in increased tax revenues, increased employment opportunities, privately owned or privately funded housing and residential development, privately owned or privately funded commercial or industrial development, or the lease of publicly owned property to a private party.c. Notwithstanding paragraph “a”:

Economic Benefits. Financial expenditures benefitting New York State (for this purpose, expenditures for iron and steel manufactured in the United States shall be deemed to benefit New York State even if incurred outside of New York State), as specified in Exhibit I, that Seller can demonstrate will accrue after the Economic Benefits Start Date.

Economic Benefits means the direct, indirect, and induced gains in state revenues as a percentage of the state’s investment. The state’s investment includes state grants, tax exemptions, tax refunds, tax credits, and other state incentives.

Examples of Economic Benefits in a sentence

• The IM’s role is to provide the Seller with guidance as needed, confirmation of the acceptance of Economic Benefits, and to report independently to NYSERDA on the status of the Incremental Economic Benefits to New York State.

• The amount by which the Verified Total Dollars, other than Verified Total Subcategory Dollars, of Economic Benefits is less than the product of 0.85 and the Expected Total Dollars other than Expected Total Subcategory Dollars.

• Economic Benefits counted in this Agreement will not generally be eligible for attribution in future NYSERDA solicitations.

• Economic Benefits associated with the Selected Project that fall within the following categories shall qualify as Eligible Economic Benefits even if they are not solely associated with the Selected Project.

• Eligible Economic Benefits shall include expenditures made from the Economic Benefits Start Date through the end of the first three (3) Contract Years of the Contract Delivery Term within the following categories.

More Definitions of Economic Benefits

Economic Benefits. Financial expenditures benefitting New York State, as specified in Exhibit F, that Seller can demonstrate will accrue after January 1, 2021.

Economic Benefits means the direct, indirect, and

Economic Benefits means any economic benefits arising out of or relating to the ownership of the Participation Securities, including, without limitation, Participation Securities Payments and cash payments from dividends, distributions, redemptions, liquidation preferences and contingent value rights. For the avoidance of doubt, “Economic Benefits” does not include (i) the right to vote, nominate, designate or elect directors or otherwise manage the operations of the Company, (ii) closing, break-up, transaction or similar fees or (iii) reimbursement of expenses received by the Investors or their Affiliates.

Economic Benefits means the economic benefits from the Mine, which accrue to each party in accordance with the allocation in Article 3 of this Agreement.

Economic Benefits means: property benefits, including but not limited to, monies, securities, real estates, lodging tickets, admission tickets, discount vouchers, rights of using real estates or other equivalents, and anything of value in various forms, both tangible and intangible, such as exemption of debts, provision of employment opportunity, granting of rights and interest, and giving transportation, lodgement, hospitalities and entertainments, including but not limited to, meals, drinks and golf.

Economic Benefits means those benefits, tangible and intangible, conferred upon the City and the District as a result of the Travel Center and Development, including the creation of construction jobs and other new non-construction jobs, long term increases to the tax base for ad valorem taxation, immediate increases in the sales and use tax collections supporting local schools and long term increases in collections to support City services, mitigation of the condition of unemployment or underemployment in the surrounding geographical area, and the attraction of additional businesses, as well as other ancillary financial and economic development benefits.

Economic Benefits means all paid development fees, including any deferred development fees, Distributions to the Members after the payment of all operating expenses, proceeds from sale of Company property, and any other financial benefits from the Interest of a Member.