SUPPLEMENTAL PAYMENT LIMITATION Sample Clauses

SUPPLEMENTAL PAYMENT LIMITATION. A. The total of the Supplemental Payments made pursuant to this Article shall not exceed for any calendar year of this Agreement an amount equal to the greater of One Hundred Dollars ($100.00) per student per year in average daily attendance, as defined by Section 42.005 of the TEXAS EDUCATION CODE, or Fifty Thousand Dollars ($50,000.00) per year times the number of years beginning with the first complete or partial year of the Qualifying Time Period identified in Section 2.3.C and ending with the year for which the Supplemental Payment is being calculated minus all Supplemental Payments previously made by the Application;
SUPPLEMENTAL PAYMENT LIMITATION. A. Notwithstanding the foregoing, the total annual supplement payment made pursuant to this article shall:
SUPPLEMENTAL PAYMENT LIMITATION. A. During the entire term of this Agreement, District shall, subject to the limitations set forth in Subsection 6.3(B) and Section7.1, below, be entitled to receive supplemental payments equal to the Annual Limit, as defined in Section 6.2(C), above.
SUPPLEMENTAL PAYMENT LIMITATION. Notwithstanding the foregoing: For each Tax Year beginning with the period starting the first full or partial year of the Qualifying Time Period (2021) and ending December 31 of the third year following the end of the Tax Limitation Period (2035), Supplemental Payments shall be owed. During the Qualifying Time Period only, the supplemental payment amount paid shall be reduced to 30% of the Supplemental Payment Amount owed under Section 6.2,D. The remaining balance of the Supplemental Payment reduced during the Qualified Time Period shall be carried forward from year-to-year until paid to the District. In the event that the amount otherwise due under Article V and VI of this Agreement for any Tax Year during the Tax Limitation Period of this Agreement shall exceed the Net Tax Benefit, the amount owed for that year shall be limited to the Net Tax Benefit for that Tax Year. Amounts otherwise due and owing by the Applicant to the District which, by virtue of the payment limitation in this Section 6.3, are not paid in that Tax Year, shall be carried forward from year to year into subsequent Tax Years until paid in full; provided that no payments shall be owed under this Article VI after the third Tax Year following the end of the Tax Limitation Period.
SUPPLEMENTAL PAYMENT LIMITATION. In any year during the term of this Agreement, the District shall not be entitled to receive Supplemental Payments that exceed the lesser of:
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SUPPLEMENTAL PAYMENT LIMITATION 

Related to SUPPLEMENTAL PAYMENT LIMITATION

  • SUPPLEMENTAL PAYMENTS Applicant shall make annual Supplemental Payments in an amount equal to, but not to exceed, the limit of the annual Supplemental Payment as set out Section 6.2 below, starting with the first complete or partial year of the Qualifying Time Period and accruing on January 1 of each year thereafter, and continuing through the third year following the end of the Tax Limitation Period.

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