Government Share definition

Government Share refers to the amount due the national government and LGUs from the exploration, development and utilization of the Wind Energy Resources computed in accordance with the Act and its Implementing Rules and Regulations (IRR), and described in Section XI (Government Share) hereof;
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Government Share refers to the amount due the national government and local government units (“LGUs”) equal to one percent (1%) of the Gross Income of RE DEVELOPERS resulting from the sale of RE produced and such other income incidental to and arising from the RE generation, transmission, and sale of electric power computed in accordance with the Act and its IRR, and described in Section XI (Government Share) hereof;
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Government Share means that portion of the ACP Grant to be funded by DOE pursuant to the ACP Grant documentation, which amount is equal to 80% of the allowable costs of the ACP Grant.”
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Examples of Government Share in a sentence

  • The remainder of the Local Government Share after offsets shall be distributed to Participating Local Governments in accordance with each Participating Local Government’s Final Allocation Percentage.

  • Table 14.1Country Government Share of National Income by Year 18702015U.S.7.3%37.7%United Kingdom9.4%42.8%Germany10.0%44.0%France12.6%56.6% Table 14.1, which updates Tanzi’s data with Organisation for Economic Co-operation and Development (OECD) data,3 shows the clear trend toward bigger government, as measured by the government’s share of gross domestic product in western democracies.

  • Payment of the Additional Government Share shall commence after the Recovery Period.

  • Operating Expenses of the coal segment amounting to PHP1.81 billion in 2010 is mainly composed of Government Share at PHP1.31 billion.

  • Late filing and payment of the Additional Government Share shall be subject to the same penalties applicable to late filing of income tax returns.

  • An Escrow Agent shall be agreed upon by the State and a majority of the Litigating Local Governments to administer the distribution of the Local Government Share and all funds contained within it pursuant to this Agreement.

  • LLGAFF”) is an annually adjusted percentage of the Local Government Share set aside for Projected Attorney Fee installment payments.

  • The RE DEVELOPER shall within sixty (60) days following the end of each quarter of a Calendar or Fiscal Year remit to the DEPARTMENT the Government Share: Provided, That any unremitted amount shall carry an interest of ten percent (10%) per annum reckoned from the day immediately following the end of each quarter of a Calendar or Fiscal Year, as may be applicable.

  • An Escrow Agent shall be agreed upon by the State and a majority of the Litigating Local Governments to administer the distribution of the Local Government Share and all funds contained within it pursuant to this State-Subdivision Agreement.

  • The Contractor may use U.S. Dollars as the basis for calculating the Government Share as provided for in Section IX hereof.


More Definitions of Government Share

Government Share refers to the amount due the national government and LGUs from the exploration, development and utilization of the Geothermal Resources computed in accordance with the Act and its Implementing Rules and Regulations (IRR), and described in Section XI (Government Share) hereof;
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Related to Government Share

  • Government school means a school established under section 5 of the Act, for the purpose of providing courses of instruction in pre-school, primary or secondary education.

  • Local government unit means a municipality, county, or other

  • Government Grant means the Government Grant document specified in Schedule 2;

  • Government Security means any security issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing.

  • Government record or "record" means any paper, written or

  • Government Action means action by a Governmental Authority, Administrator, Certification Authority, or by the governing body of an Applicable Program to change the eligibility of a Product for an Applicable Program or substantially change the requirements for compliance by persons obligated to comply with the Applicable Program which in either case has a material adverse effect on the value of a Product that is the subject of a particular Transaction, and includes a change in Applicable Law that disqualifies any particular Renewable Energy Facilities (by Renewable Energy Sources, Initial Operating Date, or otherwise) or Product, that is the subject of a Transaction from an existing Applicable Program.

  • Government aggregator means any government entity subject

  • Government agreement has the meaning given in the Government Agreements Xxx 0000 (WA);

  • Government Entity means (a) any federal, state, provincial or similar government, and any body, board, department, commission, court, tribunal, authority, agency or other instrumentality of any such government or otherwise exercising any executive, legislative, judicial, administrative or regulatory functions of such government or (b) any other government entity having jurisdiction over any matter contemplated by the Operative Documents or relating to the observance or performance of the obligations of any of the parties to the Operative Documents.