Released Amount definition

Released Amount has the meaning ascribed thereto in Section 3.2(a);

Released Amount shall have the meaning specified in Section 5.9.2.

Released Amount means the amount payable in each Calendar Year from Louisville to the Authority pursuant to Section 4.4 of this Agreement.

Examples of Released Amount in a sentence

• The Office of Management and Budget in each year following the Activation Date, prior to the Time of Payment pursuant to Section 3.4 of this Agreement, shall calculate the Released Amount, which shall be a sum equal to: eighty percent (80%) of the Real Estate Tax Increment.

• By no sooner than (i) December 31st of each Calendar Year beginning in the year after the year of the Activation Date or (ii) thirty (30) days after the submission by the Authority of a request for the Released Amount under this Agreement, Louisville agrees to pay to the Authority the Released Amount.

• Consistent with the Act, the Authority covenants and agrees that the Released Amount will be deposited in a special fund and it will use the Released Amount solely for the benefit of the Project, pursuant to the requirements of the Act.

• The Office of Management and Budget shall oversee the payment of the Released Amount to the Authority.

• As provided in the Act, any pledge of the Released Amount in this Agreement shall be superior to any other pledge of revenues for any other purpose and shall, from the Activation Date to the Termination Date, supersede any statute or ordinance regarding the application or use of incremental revenues.

More Definitions of Released Amount

Released Amount means an amount equal to the amount of security deposits and/or cash collateral released to Borrower as a direct result of the Total Financing Amount of a Vehicle lease and/or financing arrangement being decreased from its Original Total Financing Amount, such that the “Increased Total Financing Amount” is a negative number.

Released Amount has the meaning given to such term in Section 2.4(l)(ii);

Released Amount has the meaning given to it in Clause ‎7.3.3;

Released Amount is defined in Section 6.8(a).

Released Amount has the meaning given to such term in Section 3.1(b);

Released Amount has the meaning ascribed to it in Section 1.03(a) hereof. "RELEASED SHARES" has the meaning ascribed to it in Section 1.04(a).

Released Amount has the meaning specified in Section 2.14(b)(ii).