MCIP Agreement definition

MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and ▇▇▇▇▇▇▇▇ County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

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MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Greenville County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

MCIP Agreement means the agreement dated as of December 1, 2010, as amended, between the County and Anderson County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Co-Sponsors hereunder.

Examples of MCIP Agreement in a sentence

• The Special Source Credits shall not extend beyond 15 years in total, commencing with the year in which the Company first claims a Special Source Revenue Credit pursuant to subparagraphs (i) – (iii) above, and shall be calculated and applied after payment of the amount due to the non-host county under the MCIP Agreement.

• The parties understand that the County has incurred, and will incur, legal fees and other expenses in connection with the original execution and delivery of this Fee Agreement, the MCIP Agreement and all resolutions, ordinances and other documentation related thereto in an amount not to exceed $5,000.

• At the beginning of each calendar year, counties have the opportunity to participate in the program for the upcoming State Fiscal Year (SFY) by completing the MCIP Agreement.

• For the avoidance of doubt, all Negotiated FILOT Payments remaining after allocation to the Net Road Improvement Costs in any tax year shall be allocated under the terms of the MCIP Agreement in the normal course of business.

• After making the allocations under paragraph (i) of this Section, the balance is to be distributed among the taxing districts in Charleston County in accordance with the applicable provisions of Section 9 of the MCIP Agreement.

More Definitions of MCIP Agreement

MCIP Agreement means the Agreement for Development of Joint County Industrial/ Business Park (Project Avalanche) entered into or to be entered into by and between the County and ▇▇▇▇▇▇▇ County, as supplemented, modified or amended, and, as such agreement may be further supplemented, modified, or amended from time to time and is attached hereto and is incorporated herein by reference as Exhibit D. If the MCIP Agreement is not entered into as of the date of this Agreement, the MCIP Agreement attached hereto shall be the current version as of the date of this Agreement and shall be supplemented upon execution.

MCIP Agreement means the [name of agreement]2 dated as of , as amended, between the County and [ ] County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Credits to the Company hereunder.

MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010 between Greenville County and ▇▇▇▇▇▇▇▇ County, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder. “Phase” or “Phases” in respect of the Project shall mean that the components of the Project are placed in service during more than one year during the Investment Period, and the word “Phase” shall therefore refer to the applicable portion of the Project placed in service in a given year during the Investment Period.

MCIP Agreement means an agreement to establish a joint county industrial and business park entered into by and between the County and an adjoining partner county, now or hereafter entered into, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Credits to the Company hereunder.

MCIP Agreement means the Park dated as of December 31, 2015, as amended, between the County and ▇▇▇▇▇▇▇▇ County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project.

MCIP Agreement means the joint county industrial and business park to be entered into by the County and Pickens County or another adjoining county with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

MCIP Agreement means such existing agreement, as the same has been and may be further supplemented and amended from time to time, as the County has previously entered into with another county with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.