Fiscal Impact Requirements definition

Fiscal Impact Requirements means, by the Training Deadline: (a.) Continuing to employ at least the Base Employment Number,
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Fiscal Impact Requirements means, by the Training Deadline: (a.) Continuing to employ at least the Base Employment Number, (b.) Making the scheduled progress as provided in Paragraph 5E above, (c.) Employing at least 60 Full-Time Employees at the Project Location, (d.) Training at least 40 employees. (3.) “Final Distribution Amount” shall mean $20,000.00, which is equal to twenty percent (20%) of the Maximum Grant Amount. (4.) “Maximum Grant Amount” shall mean $100,000.00.
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Fiscal Impact Requirements means the following, for the Project Location: (see table on following page)
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Examples of Fiscal Impact Requirements in a sentence

  • If applicable, the Project will result in the creation of New Employees (as defined in Indiana Code § 6-3.1-13-6) at the Project Location as described in the Fiscal Impact Requirements.

  • The Project will result in the training of Full-Time Employees at the Project Location as described in the Fiscal Impact Requirements.

  • In order for a claim to be reimbursed, the Grantee must show that the scheduled progress has occurred towards completion of the Project and the Fiscal Impact Requirements (“Requirements”).

  • For years up to the Investment Deadline in which a tax credit may be earned, in the event that the Taxable Year Credit Amount is less than the Maximum Taxable Year Credit Amount as a result of an application of Step 2 of the guideline above, or the Fiscal Impact Requirements are not met, the IEDC may temporarily withhold a portion or the entirety of the Taxable Year Credit Amount.

  • Up until one year after the Investment Deadline, the IEDC may issue a tax credit certification for a portion or the entirety of the previously withheld amount, should the Company meet its Fiscal Impact Requirements.

  • In addition to the Fiscal Impact Requirements, the Grantee agrees to: (1) maintain operations at the Project Location from at least the Commencement Date until the end of the Reporting Period, and (2) employ at least eighty percent (80%) of the Grantee’s Base Employment Number between the Training Deadline and the end of the Reporting Period.

  • In order for a claim to be reimbursed, the Grantee must show that the scheduled progress has occurred towards completion of the Project and the Fiscal Impact Requirements.

  • The Grantee shall not assign, subgrant, or subcontract the whole or any part of the Project or the Agreement without the prior written approval of the IEDC, which approval shall not be unreasonably withheld when the Grantee’s successors and assignees agree to maintain the Fiscal Impact Requirements outlined in Exhibit A.

  • In order for a claim to be reimbursed, the Grantee must show that reasonable and prompt efforts for scheduled progress has occurred towards completion of the Project and the Fiscal Impact Requirements (“Requirements”).

  • Should Grantee fail to meet the Fiscal Impact Requirements by the Training Deadline, the grant funds will be deobligated by the IEDC and the Grantee may not make any additional claims for reimbursement, even if the Grantee’s performance, after the Training Deadline and before the end of the Reporting Period, meets the Fiscal Impact Requirements.


More Definitions of Fiscal Impact Requirements

Fiscal Impact Requirements means the following, for the Project Location: (see table on following page) Calendar Year Aggregate Indiana Employment at Average Hourly Wage Aggregate Payroll Amount 2022 16 2023 18 2024 23 2025 26 2026 28 2027 28 2028 28 2029-2031 28
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Related to Fiscal Impact Requirements

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Program Requirements means certain minimum program entry requirements as well as ongoing program requirements, to be fulfilled by Partner, some of which are general PartnerEdge requirements, some of which are specific for the “Sell Engagement” and some of which are specific for the different “Cloud” Product Families, including, without limitation payment of the Program Fee(s), meeting certain minimum annual revenue requirements, upholding a Sell Authorization for at least one “Cloud” Product Family and other requirements as set out in detail in the PartnerEdge Program Guide and the RSPI.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • End Client Requirements means the specific requirements of the End Client, as notified to the Supplier in writing;

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • Reporting Requirements As defined in Section 11.15.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • Relevant Requirements means all applicable Law relating to bribery, corruption and fraud, including the Bribery Act 2010 and any guidance issued by the Secretary of State for Justice pursuant to section 9 of the Bribery Act 2010;

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.

  • performance requirement means a requirement that:

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • Storage Injection Requirements means all volumes required by the Seller for injection into underground storage, including cushion gas, and for liquification, including fuel used for injection and in liquification plants, or for such other storage projects that may be developed expressly for the protection of supply to high priority users.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.

  • Reserve Account Requirement means, with respect to the Closing Date and any Distribution Date, an amount equal to the lesser of: (A) 2.0% of the sum of (x) the initial Class A Note Balance, (y) the initial Class B Note Balance and (z) the initial Class C Note Balance; and (B) the sum of (x) the Class A Note Balance on such Distribution Date, (y) the Class B Note Balance on such Distribution Date and (z) the Class C Note Balance on such Distribution Date, after giving effect to the payment of principal on such Distribution Date.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.