Reimbursement Term definition

Reimbursement Term means the tax years 2015 through 2033.
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Reimbursement Term as used herein means the period during which Agency is obligated to make payments to the Developer to the extent set forth in this Public-Private Feasibility Agreement.
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Reimbursement Term means the ten (10) year period beginning on January 1, 2016 and ending on January 1, 2026. The issuance of the C.O. for the Project is projected to be 4th Quarter, 2015. Thus, the reporting and reimbursement on taxable sales for calendar years of 2016 and 2026 will be pro-rated accordingly and as follows: Four (4) months for calendar year 2015 and four (8) months for calendar year 2025, ending on 4th Quarter, 2026.
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Examples of Reimbursement Term in a sentence

  • Participant agrees that it will not cooperate with any person, group, or municipality in any effort to remove, deannex, disconnect, or disincorporate the Site or any portion thereof from the City during the Reimbursement Term.

  • The Agency, at its sole discretion, may withhold payment of the Reimbursement for the final year of the Reimbursement Term until such date as Participant can no longer appeal or contest the assessed value of Participant’s property within the Site.

  • In the event that Participant does not timely make such payment to the Agency, the Agency may correspondingly reduce the Reimbursement paid to Participant for the next year of the Reimbursement Term.

  • This Agreement shall terminate upon expiration of the Reimbursement Term.

  • Tax increment reimbursement is dependent on the tax increment being generated by the project, and projects that do not generate sufficient tax increment during the Reimbursement Term will not qualify for the full tax increment reimbursement amount.

  • Participant shall not receive any payments from the Agency for any period until the Agency has received documentation from Participant that all real and personal property taxes attributable to the Site and Facility have been paid for the particular year of the Reimbursement Term.

  • The EPA reviewed EPAAR clause 1552.211–73, Level of Effort—Cost- Reimbursement Term Contract, to make the clause more prescriptive in describing the EPA’s responsibilities when the Agency orders less level of effort (LOE) than the maximum LOE specified in the subject clause; e.g., if the clause specifies 100,000 hours for a given period of performance but the contractor only provides 70,000 hours.

  • Tax differential reimbursement is dependent on the development of property and increment being generated, and projects that do not generate sufficient tax differential during the Reimbursement Term will not qualify for the full tax i differential reimbursement amount.

  • The County shall have no obligation to accept a Request for Disbursement or to make a disbursement of Transportation Funds to the MSD after expiration of the Reimbursement Term.

  • Additionally, following expiration of the Reimbursement Term, the County may, in its sole discretion, reallocate any remaining and undisbursed Transportation Funds (for which a Request for Disbursement has not been submitted and is not pending) toward other projects within Salt Lake County.


More Definitions of Reimbursement Term

Reimbursement Term means the ten (10) year period beginning on January 1, 2016 and ending on December 31, 2025. The City’s reporting and reimbursement on taxable sales shall be on a calendar year basis for each of the ten years.
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Reimbursement Term means a period of time commencing with the Reimbursement Commencement Date and expiring upon the earlier of (i)
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Reimbursement Term means, subject to compliance with the requirements set forth in Section 4 below, the tax years 2017 through 2033.
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Reimbursement Term means the tax years 2016 through 2033.
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Reimbursement Term means the tax years 2017 through 2033.
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Related to Reimbursement Term

  • Payment Term means the length of time for payment of a Deferred Annual Award under Section 4.2.

  • Reimbursement Date shall have the meaning provided in Section 3.4(a).

  • Agreement Term has the meaning set forth in Section 11.1.

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Reimbursement Rate shall have the meaning assigned to such term or the term “Advance Rate” or an analogous term in the Servicing Agreement.

  • Payment Period means the three months following each Collection Quarter.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Reimbursement means that DOH will repay the Contractor for allowable costs incurred under the terms of this contract.

  • Employment Term has the meaning specified in Section 2.

  • Investment Term : means the period from the Investment Start Date to maturity.

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Reimbursement Amount As defined in Section 2.04.

  • Recoupment Period means the three fiscal years completed immediately preceding the date of any applicable Recoupment Trigger Date. Notwithstanding the foregoing, the Recoupment Period additionally includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following those three completed fiscal years, provided that a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine (9) to twelve (12) months would be deemed a completed fiscal year.

  • Reimbursement Amounts As defined in Section 3.22.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Employment Period has the meaning set forth in Section 2.01.

  • Agreement Termination Date is defined in Section 7.4.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Agreement Period means the period between the Agreement Date and the Expiry Date, unless terminated earlier on the Termination Date;

  • Term of Employment means the period specified in Section 2 below.

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Medical Reimbursement Programs means a collective reference to the Medicare, Medicaid and TRICARE programs and any other health care program operated by or financed in whole or in part by any foreign or domestic federal, state or local government and any other non-government funded third party payor programs.