Levy proceeds definition

Levy proceeds means the principal amount of moneys raised by the levy and any interest earnings on the moneys.
Levy proceeds means the principal amount of moneys raised by the levy and
Levy proceeds means the principal amount of funds raised by the levy, any interest earnings on the funds and the proceeds of any interim financing following authorization of the levy.

Examples of Levy proceeds in a sentence

  • Except for acquisitions of property interests in opportunity areas, as defined by K.C.C. 26.12.003, any Project funded by Conservation Futures Levy proceeds shall be supported by the City in which the Project is located with a matching contribution, which is no less than the amount of Conservation Futures Levy proceeds allocated to the Project.

  • Levy proceeds are supplemental and complementary to existing public funding structures and services.

  • The contract stipulates that "in no event can Levy proceeds be utilized for indirect costs incurred for a common or joint purpose and therefore are not readily attributable to one of the above categories.” This general statement of the separation of direct from indirect costs, and the Levy's funding of only the former, is followed, later in the agreement, with statements that could be seen to dilute its meaning.

  • Otherwise high value areas would retain and reinvest locally the lion’s share of Levy proceeds: the opposite of levelling up.

  • This report will provide a general summary of the Zoo’s operations and will include a complete financial accounting for all funds, including use of Levy proceeds, use of major maintenance funding, and a listing of all capital investments made at the Zoo.

  • Levy proceeds allocated to preschool expansion will be disbursed transparently and objectively in accordance with the Ohio Public Records and Open Meetings laws, with the flow of dollars disbursed through an agreed-upon budget and reconciliation process.

  • Except for acquisitions of property interests in opportunity areas, as defined by K.C.C. 26.12.003, any Project funded by Conservation Futures Levy proceeds shall be supported by the City in which the Project is located with a matching contribution, which is no less than the amount of Conservation Futures Xxxx proceeds allocated to the Project.

  • Compare: 2002 No 6 s 60 Subpart 2—Responsible levy authority administers levy Levy proceeds paid to SPV3060Collected levy paid to SPV (1)The responsible levy authority must pay to the responsible SPV all levy reve- nue that the authority collects, and all unpaid levy that the authority recovers, on behalf of the SPV under this subpart.

  • Deputy City Manager Schroer reported that there will be a Race Equity Task Force remote meeting on June 18, 2020, the extended deadline for advisory group applications is July 31, 2020, and there will be a car parade tomorrow in Winslow for the Class of 2020.

  • Subject to the terms of this agreement, the County will provide Conservation Futures Tax Levy proceeds in the amounts and for the Projects identified in Exhibit A as well as in those amounts and for those Projects identified in subsequent amendments to this agreement.


More Definitions of Levy proceeds

Levy proceeds means that portion of regular property taxes levied and collected as
Levy proceeds means that portion of regular property taxes levied and
Levy proceeds means that portion of regular property taxes levied and collected as authorized by
Levy proceeds means that portion of the City’s regular property taxes levied and collected pursuant to the City Ordinance and all interest and other earnings thereon.
Levy proceeds means the principal amount of moneys raised by the levy, any interest earnings on the moneys, and the proceeds of any interim or other financing following authorization of the levy.

Related to Levy proceeds

  • Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower, any Parent Guarantor or any of their respective Subsidiaries in connection therewith, but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first-priority Lien permitted by Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Net Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower or any of its U.S. Subsidiaries in connection with such Casualty Event (net of all collection or similar expenses related thereto), but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first priority Lien permitted by clause (d) of Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Disposition Proceeds means, with respect to each Group I/II Non-Program Vehicle, the net proceeds from the sale or disposition of such Group I/II Eligible Vehicle to any Person (other than any portion of such proceeds payable by the Group I/II Lessee thereof pursuant to any Group I/II Lease).

  • Condemnation Proceeds All awards or settlements in respect of a Mortgaged Property, whether permanent or temporary, partial or entire, by exercise of the power of eminent domain or condemnation, to the extent not required to be released to a Mortgagor in accordance with the terms of the related Mortgage Loan Documents.

  • Proceeds shall have the meaning set forth in the applicable UCC.

  • Loss Proceeds means, collectively, all Insurance Proceeds and all Condemnation Proceeds.

  • Sale Proceeds All proceeds (excluding accrued interest, if any) received with respect to Assets as a result of sales of such Assets in accordance with the restrictions described in Article XII less any reasonable expenses incurred by the Collateral Manager, the Collateral Administrator or the Trustee (other than amounts payable as Administrative Expenses) in connection with such sales. Sale Proceeds will include Principal Financed Accrued Interest received in respect of such sale.

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.

  • Net Equity Proceeds means, with respect to each issuance or sale of any equity by any Person or any capital contribution to such Person, the cash proceeds (net of underwriting discounts and commissions and other costs associated therewith) received by such Person from the respective sale or issuance of its equity or from the respective capital contribution.

  • Gross Proceeds means a share of the gross production of oil, gas, condensate, and natural gas liquids free of any and all cost of producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, marketing, or pipeline construction and maintenance.

  • Foreclosure Proceeds Proceeds, net of any related expenses of the Servicer, Special Servicer, the Certificate Administrator and/or the Trustee, received in respect of any Foreclosed Property (including, without limitation, proceeds from the operation or rental of such Foreclosed Property) prior to the final liquidation of the Foreclosed Property.

  • Insurance Proceeds With respect to each Mortgage Loan, proceeds of insurance policies insuring the Mortgage Loan or the related Mortgaged Property.

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.