Initial Allowance definition

Initial Allowance means the amount, expressed in megawatt-hours, equal to (a) the Contract Capacity, multiplied by (b) 720.
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Initial Allowance means as defined in Section 17.2.3.
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Initial Allowance means a one-time tenant improvement allowance in an amount not to exceed $159,875.00. In the event the Total Construction Costs exceed the Initial Allowance, Landlord shall make an additional allowance available to Tenant of up to $95,925.00 (the “Additional Allowance”); provided that any portion of the Additional Allowance that is used shall increase the Base Rent based on an amortization over the period commencing on the Suite 250 Expansion Date and ending on December 31, 2022 on a straight-line basis, together with interest thereon at eight percent (8%) per annum. The Test-Fit Allowance shall mean a one-time tenant improvement allowance in the amount of $767.40 to be applied toward the costs of one test-fit for the Tenant Improvements. The “Allowance” shall mean the Initial Allowance, the Additional Allowance and the Test Fit Allowance.
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Examples of Initial Allowance in a sentence

  • This impounding reservoir is designed to store 3 months water requirement to 60,000 people at the rate of 90 lpcd.

  • All Total Costs of Landlord’s Work in excess of the Initial Allowance shall be paid by Tenant as set forth below.

  • As Tenant receives additional financing, whether prior to, on, or after the Commencement Date, and delivers reasonable evidence of the same to Landlord, Landlord shall release such additional sums of the Initial Allowance up to the full amount of the Initial Allowance and in accordance with the ratio set forth in the preceding sentence.

  • Tenant acknowledges that Landlord’s application of the Initial Allowance towards the Total Costs of Landlord’s Work is conditioned upon Tenant raising $15,000,000.00 of new capital financing on or before the Commencement Date.

  • On the condition that, on October 31, 2013, Tenant is not then in default under this Lease and has not previously been in default of its obligations beyond the expiration of all applicable notice and cure periods under this Lease, then Landlord shall pay to Tenant $150,000.00 (the “Supplemental Allowance”) to reimburse Tenant for the Excess Amount paid to Landlord and for any other Total Costs or Additional Costs incurred by Tenant over and above the Initial Allowance pursuant to Section 3.1 above.

  • If by the Commencement Date, the Initial Allowance has not been fully applied towards Landlord’s Work due to Tenant’s inability to obtain the entire $15,000,000.00 of financing, then the difference between the original amount of the Initial Allowance and the actual funds disbursed and applied by Landlord as aforesaid shall be deemed Excess Amounts to be paid by Tenant as set forth in the next paragraph below.

  • As such, Landlord shall only apply $10,000.00 of the Initial Allowance for each $1,000,000.00 of capital financing that Tenant proves, by evidence reasonably acceptable to Landlord, has been funded.

  • In Zimbabwe, a wide range of fixed assets qualify for a Special Initial Allowance which allows 100% first year depreciation of fixed assets for corporate tax purposes.

  • Tenant shall not have any right to increase the Initial Allowance by $1.82 per square foot of Net Rentable Area contained in the Expansion Space.

  • Tenant shall be responsible for all applicable state sales or use taxes, if any, payable in connection with the Initial Improvements and/or the Initial Allowance.


More Definitions of Initial Allowance

Initial Allowance means a one-time tenant improvement allowance in an amount not to exceed $344,772.00. In the event the Total Construction Costs exceed the Initial Allowance, Landlord shall make an additional allowance available to Tenant of up to $100,000.00 (the “Additional Allowance”); provided that any portion of the Additional Allowance that is used shall increase the Minimum Annual Rent based on an amortization over the initial Term on a straight-line basis, together with interest thereon at eight percent (8%) per annum, with such amortization to commence after the Conditional Rent has expired. The “Allowance” shall mean the Initial Allowance and the Additional Allowance
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Initial Allowance means the amount, expressed in megawatt-hours, equal to (a)the Contract Capacity, multiplied by (b) 720.
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Related to Initial Allowance

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Credit allowance date means with respect to any qualified equity investment:

  • Fixed Allowances For the purpose of this guarantee and for the purpose of establishing compliance with this guarantee, the following shall be used as fixed quantities and allowances: Operational Empty Weight minus Tare, OEW: 350,000 Pounds Takeoff and Climbout Maneuver: Fuel 3,230 Pounds Distance 7 Nautical Miles Usable reserve fuel remaining upon completion of the approach and landing maneuver: 30,000 Pounds

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Basic Costs means all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • PHARMACY ALLOWANCE means the lower of:

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Allowance means compensation payable for the performance of special or additional duties;

  • Basic living expenses means the cost of basic food, shelter, and any other expenses of a Domestic Partner which are paid at least in part by a program or benefit for which the partner qualified because of the Domestic Partnership. The individuals need not contribute equally or jointly to the cost of these expenses as long as they agree that both are responsible for the cost.

  • Base Rental means the amount of rent due to Landlord per square foot for the first year of the Term. Base Rental for the first year of Term shall be $24 per square foot for the building and $7.50 per square foot for the drive thru at the Premises. Year Per Sq Ft First Floor Per Sq Ft Drive Thru Total Per Annum Total Per Month 1 $ 24 $ 7.50 $ 101,286 $ 8,440.50

  • Qualifying Expenditure means, in respect of any Accounting Year or Accounting Half- Year, the aggregate of the costs, expenses and fees described in paragraph 1 of Annex 2 which are incurred during that Accounting Year or Accounting Half-Year, calculated in accordance with paragraphs 2 and 3 of Annex 2;

  • Training Costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Class Licence Allowance Gross All-Purpose Wage "A" Class Licence per week per hour 1 954.35 70.70 1,025.05 28.4736 2 998.40 70.70 1,069.10 29.6972 3 1,042.50 70.70 1,113.20 30.9222 4 1,086.55 70.70 1,157.25 32.1458 5 1,130.65 70.70 34.00 1,235.35 34.3153 50.60 1,285.95 35.7210 6 1,174.75 70.70 34.00 1,279.45 35.5403 50.60 1,330.05 36.9460 7 1,262.90 70.70 34.00 1,367.60 37.9889 50.60 1,418.20 39.3946 8 1,351.05 70.70 34.00 1,455.75 40.4375 50.60 1,506.35 41.8432 9 1,395.10 70.70 34.00 1,499.80 41.6611 50.60 1,550.40 43.0668 10 1,527.35 70.70 34.00 1,632.05 45.3347 50.60 1,682.65 46.7404

  • Additional Payment as used in this Chapter 3 means any additional payment specified in an Original Standard Rates Derivatives Transaction, an Original Standard Cross-currency Rates Derivatives Transaction and an Original Non Deliverable Rates Derivatives Transaction as being payable by the relevant Clearing Member(s) pursuant to the terms therein, and forming part of the Contract Terms upon registration of the Original Transaction.

  • Annual Premium means the premium set by Us and payable for cover under this policy for a full academic year.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.