Maximum Incentive definition

Maximum Incentive means the amount set forth within Section 6.1 of this Agreement.
Sample 1Sample 2Sample 3
Maximum Incentive means the amount described in the table contained in Schedule “A” of this Agreement, as the total maximum compensation payable by the City pursuant to this Agreement and the Designating Bylaw.
Sample 1Sample 2Sample 3
Maximum Incentive means $1,367,230 in the aggregate, of which
Sample 1

Examples of Maximum Incentive in a sentence

  • I certify, if applying for the Maximum Incentive under new construction, that the planned development has been approved by the Authority Having Jurisdiction for construction within the next three years.

  • If applying for the Affordable Housing, existing construction Maximum Incentive, I certify that 100% of the units in the multifamily dwelling at which the equipment will be installed are deemed Affordable Housing as defined above.


More Definitions of Maximum Incentive

Maximum Incentive means the amount of incentive as determined by JCDA staff and TIF Advisory Board that could be generated by receiving loan proceeds from a twenty year loan at prevailing interest rates using the tax increment of the proposed project as annual payment.
Sample 1
Maximum Incentive means the maximum Incentive Award that can be earned under this Plan for maximum performance, subject to Committee discretion.
Sample 1
Maximum Incentive means, in the case of any Participant, the Maximum Incentive available for such Participant as set forth on Schedule A.
Sample 1

Related to Maximum Incentive

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Maximum Award means as to any Participant for any Performance Period, $4 million.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Target Bonus has the meaning described in Section 4(b).

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Award Opportunity means a cash award opportunity established under the Plan for a Participant by the Committee pursuant to such terms, conditions, restrictions and/or limitations, if any, as the Committee may establish.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of: