Incremental Unit definition

Incremental Unit means a Restricted Unit included in a residential development receiving either a nine-percent tax credit allocation from TCAC or receiving an award of MHP funds and where the unit either:
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Examples of Incremental Unit in a sentence

  • The Committee shall notify each Participant of the Incremental Unit Value of his or her Units for each Fiscal Year as soon as practicable after the Valuation Date for the Fiscal Year.

  • In the event Base Year EPS exceeds Earnings Per Share for any Fiscal Year, the Incremental Unit Value for the Fiscal Year shall be zero.

  • For any Fiscal Year, the Incremental Unit Value of a Unit shall be equal to the product of (i) the Measuring Price, multiplied by (ii) .85 of the percentage by which Earnings Per Share for the Fiscal Year exceeds Base Year EPS.

  • The Incremental Unit Value of each Unit for any Fiscal Year shall be cumulated with the Incremental Unit Value of the Unit for all prior Fiscal Years from the date of the Unit's award.

  • Incremental Unit Fee A development with ten units will be subject to the provision of one complete affordable unit, or 100% of the required fee in lieu of providing the affordable unit within the project.

  • USMS’s monthly payments to CoreCivic are primarily based on the Monthly Operating Price (MOP) and the Fixed Incremental Unit Price (FIUP).

  • Incremental Unit Revenue ($/MWhPC) to Standalone Solar Owner (Figure), 2015-2019 Average Incremental Revenue (Table), and Percentage Change in 2015-2019 Average Revenue (Table) 15Figure 4.

  • Contribution levels will be set solely at the discretion of the Company with the only requirement being that they must be 5 percent above its Incremental Unit Costs.

  • Proposed Rule New Chemical SNUR Annual Incremental Unit Costs The startup and steady state unit costs for each rule provision are then multiplied by the total number of responses (chemical•firms) to obtain the total cost of the rule, as shown in Table18.

  • Other hydrologies may be approved by the Director for specific applications, if it is demonstrated that the alternatives are appropriate for the purpose intended.‌ Table 6.5 Runoff Coefficients and Inlet Times‌6-0806 Incremental Unit Hydrograph – 1 Inch of Runoff per Acre‌ 6-0806.1 Two-hour unit hydrographs for use with rational formula hydrology are presented in Table 6.6. To use the unit hydrographs to generate design storm hydrographs, runoff depths must be obtained.

Related to Incremental Unit

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Increment means twelve (12) months of service credit which are purchased. The

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Note shall have the meaning provided in Section 2.05(a).

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Note means a promissory note made by the Company in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form of Exhibit B-4.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Incremental Costs means all reasonable additional costs properly and reasonably incurred by Network Rail in respect of any modification referred to in paragraph 2.8, being the additional reasonable costs (if any) to Network Rail in respect of its obligation to maintain and operate the Network, but excluding:

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Tax Increment means the difference between:

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).