Examples of Incremental Revenues in a sentence
Pursuant to the provisions of the Act and the Local Participation Agreement, LFUCG and the Agency anticipate activating the Development Area upon Project completion, which will potentially allow for Incremental Revenues to be available to the Agency beginning in calendar year 2017.
The term of this Agreement shall be from the date of this Agreement until the earliest of (i) the final payment of the Incremental Revenues and the use of such Incremental Revenues pursuant to this Agreement, the Local Participation Agreement and the Tax Incentive Agreement, (ii) the termination of this Agreement in accordance with its terms or (iii) the termination of the Local Participation Agreement and the Tax Incentive Agreement.
The Project shall be financed with Project Financing and equity provided by the Developer, and its Affiliates, subject to the pledge of State and LFUCG Incremental Revenues to reimburse the Developer for certain Capital Investments as set forth in Section V of this Agreement.