Reimbursement Cap definition

Reimbursement Cap means the total amount of reimbursement or payment to the Developer for the Public Improvement Project Costs from any source, including the proceeds of PID Bonds, or Assessment Revenues; such amount shall be no more than $31,250,000.
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).

Examples of Reimbursement Cap in a sentence

  • Any retained portion of the expenses withheld pursuant to the immediately preceding clause (b) (subject to the Parent Reimbursement Cap) shall be deemed to have been contributed from Parent Sponsor to Topco in exchange for Topco Series A Preferred Units issued by Topco to Parent Sponsor, and thereafter contributed from Topco to Parent as a contribution to Parent’s capital.

  • Any out of pocket costs and expenses incurred by the Stockholder Representative in connection with actions taken by the Stockholder Representative pursuant to the terms of the Merger Agreement (including the hiring of legal counsel and accountants and the incurring of legal and accounting fees and costs) (“Representative Expenses”) shall be deducted from the Holdback Amount, up to, in the aggregate, the Expense Reimbursement Cap.

  • For clarity, Pliant shall not be obligated to undertake any Research Plan Activities that exceed the Reimbursement Cap, unless NVS agrees in writing to provide additional funding over the Reimbursement Cap to reimburse Pliant for such additional Research Plan Activities.

  • Any such reduction in the Permit Fee Reimbursement Rate does not reduce the Permit Fee Reimbursement Cap.

  • Upon mutual agreement, the County and Consultant may agree to adjust the Reimbursement Cap.


More Definitions of Reimbursement Cap

Reimbursement Cap shall have the meaning set forth in Section 7.1.
Reimbursement Cap means Seven Hundred and Fifty Thousand Dollars ($750,000).
Reimbursement Cap has the meaning set forth on Section 1.1(b) of the Company Disclosure Letter.
Reimbursement Cap means Two Million Dollars (US$2,000,000).
Reimbursement Cap has the meaning set forth in Section 3.6(a).
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).