Minimum Jobs Requirement definition

Minimum Jobs Requirement means the creation of at least fifty (50) new, full-time jobs in the County by the Company and all Co-Investors, in the aggregate, within the period commencing on January 1, 2014, and ending at the end of the Compliance Period.
Minimum Jobs Requirement means the creation at the Project of at least 12 new, full-time jobs in the County by the Companies and all other Sponsors or Sponsor Affiliates, in the aggregate, within the Compliance Period.
Minimum Jobs Requirement means the creation of at least 100 new, full-time jobs in the County by the Company and all Co-Investors, in the aggregate, within the period commencing on January 1, 2020 and ending at the end of the Compliance Period.

Examples of Minimum Jobs Requirement in a sentence

  • The “Company Job Performance” for any calendar year means the proportion, expressed as a percentage, that the average number of full-time jobs actually maintained by the Company (directly or through one or more staffing companies) bears to the Minimum Jobs Requirement.

  • The Company must meet one hundredpercent (100%) of the Minimum Jobs Requirement and the Company must meet one hundred percent (100%) of the Minimum Investment Requirement by September 1, 2018 (the “Determination Date”) and during each calendar year thereafter through and including calendar year 2025.

  • Example 1:Total number of full-time jobs as of September 1, 2018 = 325 Minimum Jobs Requirement = 260‌No increase in In Lieu Payments for 2018 (Minimum Jobs Requirement has been exceeded)‌Example 2:Total number of full-time jobs as of September 1, 2018 = 234 Minimum Jobs Requirement = 260‌Company Job Performance = 90%Job In Lieu Payment Percentage Increase for 2018 = 10%(In Lieu Payment Percentages for 2018 for City General Fund and County General Fund may each be increased by 10%.

  • If the Minimum Jobs Requirement is not satisfied by the end of the Compliance Period, each of the following provisions shall apply, then the Company and each other Sponsor or Sponsor Affiliate shall continue to be eligible for the Negotiated FILOT described in Section 5.01 hereof so long as the Minimum Statutory Investment Requirement is nevertheless satisfied by the end of the Compliance Period.

  • If the Sponsor (together with any Sponsor Affiliates) fails to meet the Contract Minimum Jobs Requirement, the Infrastructure Credit shall be reduced to forty percent (40%) prospectively only (i.e., starting in the 6th property tax year).

  • For purposes of meeting the Minimum Investment Requirement and the Minimum Jobs Requirement, the Company may include jobs created and capital expenditures made at and in connection with its facilities located at 4501 North Access Road on property owned by the Company as of March 1, 2023 and on property of the Company that is located across North Access Road at 4524 and 4530 North Access Road (collectively, the "North Access Road Site").

  • For purposes of this Section, the "Minimum Jobs Requirement" equals 360 full-time jobs, and the "Minimum Investment" equals $10,080,000.

  • For example, if Xxxxxx fails to satisfy the Minimum Jobs Requirement in the year 2023, Company will not receive a Grant Payment in 2024.

  • For purposes of this Section, the "Minimum Jobs Requirement" equals one hundred eighty (180) full-time jobs, and the "Minimum Investment" equals Forty-five Million Dollars ($45,000,000).

  • If HomeServe fails to achieve the Minimum Jobs Requirement during the calendar year in which the Determination Date occurs or in any calendar year thereafter during the Tax Abatement Period, the City and the County shall increase the amount of the general fund In Lieu Payments applicable to the Project for the same calendar year in which such failure occurs by a percentage equal to 100% less the “HomeServe Job Performance” for such calendar year (the “Job In Lieu Payment Percentage Increase”).


More Definitions of Minimum Jobs Requirement

Minimum Jobs Requirement means the creation and maintenance, within the period commencing January 1, 2017 and ending at the end of the Initial Investment Period, by the Company, together with its affiliates, in the aggregate, of at least one hundred thirty-five (135) new, full-time jobs in the County as of the end of the Initial Investment Period.

Related to Minimum Jobs Requirement

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Program Requirements means certain minimum program entry requirements as well as ongoing program requirements, to be fulfilled by Partner, some of which are general PartnerEdge requirements, some of which are specific for the “Sell Engagement” and some of which are specific for the different “Cloud” Product Families, including, without limitation payment of the Program Fee(s), meeting certain minimum annual revenue requirements, upholding a Sell Authorization for at least one “Cloud” Product Family and other requirements as set out in detail in the PartnerEdge Program Guide and the RSPI.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • JSE Listings Requirements means the Listings Requirements of the JSE applicable from time to time;

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • performance requirement means a requirement that:

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • End Client Requirements means the specific requirements of the End Client, as notified to the Supplier in writing;

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Reporting Requirements As defined in Section 11.15.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Minimum Extended Summer Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Extended Summer Demand Resources and Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Extended Summer Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Limited Demand Resource Reliability Target for the PJM Region in Unforced Capacity]. For an LDA, the Minimum Extended Summer Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Limited Demand Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Rebate Requirement means the amount of arbitrage profits earned from the investment of gross proceeds of Tax-exempt Bonds in nonpurpose investments described in Section 148(f)(2) of the Code and defined as “Rebate Amount” in Section 1.148-3 of the Treasury Regulations, which is payable to the United States at the times and in the amounts specified in such provisions.

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.