Reimbursement Cap definition

Reimbursement Cap means (i) Two Million Dollars ($2,000,000.00) while the Stay Order is in effect; and (ii) Two Million, Five Hundred Thousand Dollars ($2,500,00.00) if either the Stay Order is lifted while proceedings relating to this Settlement are ongoing or if any Additional Securities Action is filed that is not stayed.

Reimbursement Cap has the definition set forth in Section 3.8.1 (Support).

Reimbursement Cap shall have the meaning set forth in Section 7.1.

Examples of Reimbursement Cap in a sentence

• City agrees to provide Zone reimbursement to the Developer in an amount such as not to cause the total reimbursement to the Developer from the City, from all sources, to exceed the Reimbursement Cap.

• This Agreement shall expire the earlier of the following to occur: (i) the expiration of the TIRZ, (ii) the reimbursement to the Developer up to Reimbursement Cap, or (iii) termination of this Agreement pursuant to an Event of Default.

• In no event shall the Developer be reimbursed for all Public Improvement Costs in an aggregate amount that exceeds the Reimbursement Cap.

• If the total actual TIRZ Eligible costs incurred and paid in connection with the Public Improvement Project Costs, is less than the Reimbursement Cap, then the reimbursement hereunder shall be reduced proportionately.

More Definitions of Reimbursement Cap

Reimbursement Cap means Seven Hundred and Fifty Thousand Dollars ($750,000).

Reimbursement Cap means Four Million One Hundred Thousand and No/100 ($4,100,000.00) Dollars, which shall include all Reimbursable Project Costs and Reimbursable Project Costs Interest.

Reimbursement Cap means twenty-five percent (25%) of the capital expenditure

Reimbursement Cap means Seven Million, Nine Hundred Twenty-Two Thousand, Seven Hundred and No/100 ($7,922,700.00).

Reimbursement Cap has the meaning set forth in Section 3.6(a).

Reimbursement Cap means Two Million Dollars (US$2,000,000).

Reimbursement Cap has the meaning has the meaning set forth in Section 2.5.1 (Reimbursement by Xxxxx).