Incremental Revenues definition

Incremental Revenues means the amount of revenues received by:

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Incremental Revenues means the amount of revenues received by a taxing district, as determined by subtracting old revenues from new revenues in a calendar year with respect to a development area, a project within a development area, or a local development area;

Incremental Revenues means, collectively, all revenues derived from (a) the sale of Incremental Production; and (b) the sale of Additional Products.

Examples of Incremental Revenues in a sentence

• Notwithstanding anything in this Agreement to the contrary, if the Authority has not notified the Finance and Administration Cabinet pursuant to KRS 154.30-090 that the Agency is in compliance with the terms of this Agreement, the Incremental Revenues shall not be disbursed until such time as the certification has been provided by the Authority.

• The Activation Date is the date on which the time period for the pledge of Incremental Revenues shall commence and must be set within two years from the Commencement Date (as defined in Section 1.2 of this Agreement), which is by January 30, 2022.

• Because Incremental Revenues are measured by subtracting Old Revenues from New Revenues, a determination of Old Revenue is necessary prior to a distribution of the Increment.

• Undisbursed Incremental Revenues that exceed the Project Completion Limitation at the Termination Date of the Agreement shall be forfeited to the Commonwealth.

• If the Minimum Capital Investment is not certified by the Activation Date (pursuant to Section 3.2 of this Agreement), the Incremental Revenues shall be forfeited to the Commonwealth.

More Definitions of Incremental Revenues

Incremental Revenues means the amount of revenues received by the City and County with respect to the Development Area by subtracting Old Revenues from New Revenues in a calendar year.

Incremental Revenues for a given year shall mean the excess, if any, of the (i) actual gross revenues from sales of such Strip Product in such year (expressed in Euro) over (ii) the Bonus Threshold for such year. All calculations under this Section 7.3 will be made using, and all defined and undefined terms used herein will be construed in accordance with Siemens’ reporting guidelines and such external accounting standards (e.g., U.S. Generally Accepted Accounting Principles or International Financial Reporting Standards) as Siemens uses throughout its accounting system, consistently applied. When conversion of amounts not received or calculated in Euro is required, such conversion shall be made at the exchange rate used by Siemens throughout its accounting system for conversion of such currency into Euro during the applicable accounting period.

Incremental Revenues means the amount of revenues received by a taxing district,

Incremental Revenues means the amount of revenues received by the Commonwealth as determined by subtracting old revenues from new revenues in a calendar year with respect to the footprint.

Incremental Revenues as used herein, is defined as (i) OBL's Corporate Revenues (as defined above) for 1997 reduced by (ii) OBL's gross sales revenues, less returns, generated in 1996.

Incremental Revenues means the tax revenues pledged to the Development Area by LFUCG as set forth in the Local Participation Agreement, and by the State, acting through KEDFA through the execution of the Tax Incentive Agreement with the Agency.

Incremental Revenues means the amount of revenues received by the Commonwealth as determined by subtracting Old Revenues from New Revenues in a calendar year with respect to the Footprint of the Project.