Economic Development Incentives definition
Examples of Economic Development Incentives in a sentence
This Agreement was authorized by resolution of the City Council authorizing the City Manager or his designee to execute this Agreement for Economic Development Incentives on behalf of the CITY.
You agree to comply with all applicable export and import laws and regulations, including U.S. embargo and sanctions regulations and prohibitions on export for certain end uses or to certain users.
The Application for Economic Development Incentives or Assistance prepared by ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ contains representations by ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ that are relied upon by WMCWDC in entering into this Agreement.
The City agrees to provide $1,500,000 of upfront Economic Development Incentives to the Qualifying Entity to assist in the purchase of the items described in Section 3(a)(i) for use in Otero County (the "Eligible Project Costs").
Notwithstanding the foregoing, if termination occurs as a result of the expiration of the time period set forth in clause (c) hereof, any obligations of the City for rebate and/or reduction of any amount of the Economic Development Incentives Package that have accrued on such date but have not yet been paid shall remain due and payable, and such obligation shall not be discharged by such expiration under clause (c) hereof.
The Economic Incentives will be paid according to the criteria set forth herein with the WEDC’s obligation to pay the Economic Development Incentives terminating on March 31, 2026.
The Transferred Owned Real Property set forth on Section 3.17(d)(iii) of the Seller Disclosure Schedule is subject to that certain Economic Development Incentives arrangement set forth on Section 3.17(d)(iv) of the Seller Disclosure Schedule (the “EDI Arrangement”).
Notwithstanding anything herein to the contrary, WEDC shall have no obligation to disburse WEDC Economic Development Incentives if the Company becomes insolvent, files a petition in bankruptcy or similar proceedings, or is adjudged bankrupt, or is delinquent on any property tax payments or an Event of Default under the terms of this Agreement occurs.
The ▇▇▇▇▇▇▇ County Incentive for Business and Industry to which this Agreement relates is dated May 3, 2004; Resolution adopted on June 19, 2017, in which the EDC was requested to review and advise, and if appropriate, establish and present for consideration a revised and expanded Incentive Program; revision to the ▇▇▇▇▇▇▇ County Incentive for Business and Industry effective November 20, 2017; and further revised and adopted on May 18, 2020 as the ▇▇▇▇▇▇▇ County Economic Development Incentives Program.
If annexation takes place prior to completion and implementation of the Economic Development Incentives package, Town Bodies agree, unconditionally to de-annex the Development Parcel and restore same to the exclusive jurisdiction of ▇▇▇▇▇▇▇ County and the State of Indiana.