Municipal Share definition

Municipal Share of any amount means, for any relevant period and unless otherwise expressly provided herein, the same proportion of such amount as the Municipal Tons of the Municipality bears to the total of the Municipal Tons of all Participating Municipalities.
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Municipal Share. Municipal Share" means the product (expressed as a percentage) obtained by multiplying 5/9 times the Aggregate Prepayment Amount divided by the Purchase Price, which product shall be re-computed as of each Bond Prepayment Date. (e.g., If Performance Credits totaling $930,000 are used to prepay bonds, the Municipal Share is approximately 1.666%: 5/9 x (930,000 / 31,000,000) x 100).
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Municipal Share means the “non‐growth” and “municipal assist” portions of the costs of a DCC Construction Work, set out as the “Estimated Municipal Share” in Schedule “B” to this Agreement.
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Examples of Municipal Share in a sentence

  • Such amounts may include the Municipality’s Municipal Share of all costs (including any costs of borrowing) incurred by CRRA as a result of the payment by the Municipality or any other Participating Municipality of less than the full amount owed pursuant to this Agreement or any other Municipal Solid Waste Management Services Agreement.

  • The Municipality represents that it has received all necessary approvals or authorizations by its governing authorities to approve the Project and enter into this Agreement, and that it has obligated the necessary funds to satisfy its Municipal Share of the Project Costs set out herein.

  • The Municipality represents that it has received all necessary approvals or authorizations by its governing authorities to approve the Project and enter into this Agreement, and that it has obligated the necessary funds to satisfy its Municipal Share of the Project Costs outlined herein.

  • These three formulas relate to: • State Aid to Education• Municipal Revenue Sharing• Municipal Share of County TaxesThe following is the process used to derive each of these tax shifts.State Aid to Education Tax Shift.

  • If the Parties elect to move forward with full development of the Project as contemplated in this Agreement, the Municipal Share will be invoiced by MaineDOT in accordance with the payment schedule outlined in the Municipal-State Agreement described herein.

  • These three formulas are: · State Aid to Education· Municipal Share of County Taxes· Revenue Sharing The following is the process used to derive each of these tax shifts.

  • The Study Participants (both those who are parties to this First Amendment as of the Amendment Effective Date and those who may become Study Participants after such date) shall collectively pay an amount equal to fifty percent (50%) of the total Study Cost (the "Municipal Share").

  • The population of the unincorporated areas of Broward County shall not be included when calculating total population under this section and no contribution to the Municipal Share shall be required on behalf of the unincorporated areas.

  • Budget Estimates The 2013 Budget estimates prepared by staff include the following: • Ontario Works Municipal Share decrease of $192,398.

  • County shall not be obligated to advance, reimburse, or otherwise pay any portion of the Municipal Share and Study Participants shall not be obligated to advance, reimburse, or otherwise pay any portion of the County Share.


More Definitions of Municipal Share

Municipal Share means one and thirty-five one-hundredths percent of the taxable gross receipts as defined in the Gross Receipts and Compensating Tax Act reported annually for each municipality to the taxation and revenue department during a twelve-month period ending June 30;
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Municipal Share means that portion of the cost of the Park Development to be reimbursed by the Municipality as identified in Section 2.3 (c) of this Agreement, the costs of which are estimated in Schedule A to this Agreement;
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Municipal Share means the “non‐growth” and “municipal assist” portions of the cost of the Main Road Work, set out as the “Estimated Municipal Cost” in Schedule B to this Agreement.
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Related to Municipal Share

  • Local share means, in the case of a school facilities project to

  • Municipal Securities means municipal securities as described under the heading “Portfolio Contents” in the prospectus or other offering document for a Series of RVMTP Shares.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • equity share means any share of any class of shares of a company carrying voting rights under all circumstances and any share of any class of shares carrying voting rights by reason of the occurrence of any contingency that has occurred and is continuing; (“action participante”)

  • Municipal separate storm sewer means a conveyance or system of conveyances otherwise known as a municipal separate storm sewer system, including roads with drainage systems, municipal streets, catch basins, curbs, gutters, ditches, manmade channels, or storm drains:

  • apartment unit means any residential dwelling unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Municipal security means a secu- rity that is a direct obligation of or issued by, or an obligation guaranteed as to principal or interest by, a State or any political subdivision thereof, or any agency or instrumentality of a State or any political subdivision thereof, or any municipal corporate in- strumentality of one or more States or political subdivisions thereof.

  • municipal service – means a service that a municipality in terms of its powers and functions provides or may provide to or for the benefit of the local community irrespective of whether:

  • Target Share means any share of the Common Stock, par value $.01 per share, of the Target.

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • SDA municipality means a municipality in which an SDA

  • Municipal entity means an entity as defined in the Systems Act.

  • municipal tax means property rates or other taxes, levies or duties that a municipality may impose;

  • Municipal Service Area means the geographical area within the legal boundaries of the Municipality where the Company has been granted rights hereunder in connection with, among other matters, Natural Gas Distribution Service, as altered from time to time;

  • Distressed municipality means a municipality that is qualified

  • Basic Municipal Service means a municipal service that is necessary to ensure an acceptable and reasonable quality of life and which, if not provided, would endanger public health or safety or the environment;

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • The Municipality means Mossel Bay Municipality.

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Participating municipality means a municipality that is designated by or under the Act as a participating municipality in a conservation authority.

  • Municipal means of or relating to a municipality.

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.