Future Mill Levy definition

Future Mill Levy has the meaning set forth in Section 3.2.
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Future Mill Levy means any new or increased property tax mill levy on the Urban Renewal Area or the TIF Subarea that SVVSD’s eligible electors have approved, for any lawful purpose, pursuant to §31-25-107(9)(a)(II) of the Act.
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Examples of Future Mill Levy in a sentence

  • Rather, upon approval by the eligible electors of the District of a Future Mill Levy, the District shall provide notification of the same to the Authority.

  • Rather, upon approval by the eligible electors of the School District of a Future Mill Levy, the School District shall provide notification of the same to the Authority.

  • Rather, upon approval by the eligible electors of the Town of a Future Mill Levy, the Town shall provide notification of the same to XXXX.

  • From the date of such notice until the Duration has expired, the Authority shall annually deduct from the Property Tax Increment Revenue it receives any revenues attributable to the Future Mill Levy, as applicable, and shall remit such revenues to the District.

  • If the School District’s eligible electors approve a new or increased mill levy for any lawful purpose, including, without limitation, a new or increased Debt Service Mill Levy or Mill Levy Override (“Future Mill Levy”), any revenue derived from the Future Mill Levy shall not be considered part of the District Increment.

  • From the date of such notice until the Duration has expired, the Authority shall annually deduct from the Property Tax Increment Revenue it receives any revenues attributable to the Future Mill Levy, as applicable, and shall remit such revenues to the School District.

  • If the District’s eligible electors approve a new or increased mill levy for any lawful purpose (“Future Mill Levy”), any revenue derived from the Future Mill Levy shall not be considered part of the District Increment.

  • From the date of such notice until the expiration of the Duration, XXXX shall annually deduct from the TIF Revenue it receives any revenues attributable to the Future Mill Levy, as applicable, and shall remit such revenues to the Town.

  • Rather, upon approval by the eligible electors of the City of a Future Mill Levy, the City shall provide notification of the same to the Authority.

  • Commencing with the month after the first month that TIF Revenues from the Mill Levy Override and the Debt Service Mill Levy and Future Mill Levy Overrides and Future Debt Service Mill Levies are collected by FLURA, FLURA shall transfer to the School District, on or before the 15th day of each month, all revenues received into such Account through the preceding month.

Related to Future Mill Levy

  • Bank Levy means the bank levy which is imposed under section 73 of, and schedule 19 to, the Finance Xxx 0000 (the “UK Bank Levy”) and any levy or Tax of an equivalent nature imposed in any jurisdiction in a similar context or for a similar reason to that in and/or which the UK Bank Levy has been imposed by reference to the equity and liability of a financial institution or other person carrying out financial transactions.

  • Earn-Out means any bona fide contingent obligation to make “earn-out” payments to one or more prior owners of any Person, business or division, the capital stock of which, or all or substantially all of the assets of which, have been acquired by the Borrower or any of its Subsidiaries, which “earn-out” payment obligation is contingent upon, or varies in amount based upon, the performance of the Person or of the assets so acquired, as such performance is measured by one or more financial, business or other performance criteria.

  • Target Share means any share of the Common Stock, par value $.01 per share, of the Target.

  • Mature marijuana plant means a marijuana plant that is not an immature marijuana plant.

  • Additional Financial Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Earnout has the meaning set forth in Section 2.9(a).

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarially equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or qualified joint and survivor annuity) to which the Member would be entitled under the terms of the plan assuming:

  • Immature marijuana plant means a marijuana plant that is not flowering.

  • Earn-Outs means unsecured liabilities of a Loan Party arising under an agreement to make any deferred payment as a part of the Purchase Price for a Permitted Acquisition, including performance bonuses or consulting payments in any related services, employment or similar agreement, in an amount that is subject to or contingent upon the revenues, income, cash flow or profits (or the like) of the target of such Permitted Acquisition.

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • Agreement Year means a period of 12 months beginning on the Effective Date and each subsequent anniversary thereof.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Grenfell Tower support payment means a payment made to a person because that person was affected by the fire on 14th June 2017 at Grenfell Tower, or a payment to the personal representative of such a person—

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Plinth means the portion of a structure between the surface of the surrounding ground and surface of the floor immediately above the ground.

  • Earn-Out Consideration has the meaning set forth in Section 2.08(a)(i).

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Shopping credit means an amount deducted from the bill of an

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Acquisition Corp. shall have the meaning given to such term in the preamble to this Agreement.

  • Earnout Consideration has the meaning specified in Section 2.05(a).

  • Cost of Acquisition means, with respect to any Acquisition, as at the date of entering into any agreement therefor, the sum of the following (without duplication): (a) the value of the Equity Interests of the Borrower or any Subsidiary to be transferred in connection with such Acquisition, (b) the amount of any cash and fair market value of other property (excluding property described in clause (a) and the unpaid principal amount of any debt instrument) given as consideration in connection with such Acquisition, (c) the amount (determined by using the face amount or the amount payable at maturity, whichever is greater) of any Indebtedness incurred, assumed or acquired by the Borrower or any Subsidiary in connection with such Acquisition, (d) all additional purchase price amounts in the form of earnouts and other contingent obligations that should be recorded on the financial statements of the Borrower and its Subsidiaries in accordance with GAAP in connection with such Acquisition, (e) all amounts paid in respect of covenants not to compete and consulting agreements that should be recorded on the financial statements of the Borrower and its Subsidiaries in accordance with GAAP, and other affiliated contracts in connection with such Acquisition, and (f) the aggregate fair market value of all other consideration given by the Borrower or any Subsidiary in connection with such Acquisition. For purposes of determining the Cost of Acquisition for any transaction, the Equity Interests of the Borrower shall be valued in accordance with GAAP.

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.