Examples of Economic Development Property in a sentence

With the County’s consent, any or all of the interest of the Company or any other Co-Investor in the Economic Development Property or this Agreement may be transferred or assigned by the Company or any other Co-Investor, as applicable, or any other assignee to any other Person; provided, however, that such consent is not required for (i) transfers to an Affiliate; or (ii) financing-related transfers or any other transfers not requiring the consent of the County under the Act.
For the Project, the Company shall use its best efforts to invest at least Two Million Five Hundred Thousand Dollars ($2,500,000.00) in Economic Development Property by the end of the Investment Period.

More Definitions of Economic Development Property

Economic Development Property means each item of real and tangible personal property comprising a project which satisfies the provisions of Section 12‑44‑40(C) and other requirements of this chapter and is subject to a fee agreement. That property, other than replacement property qualifying under Section 12‑44‑60, must be placed in service by the end of the investment period.

Economic Development Property means all items of real and tangible personal property comprising the Project which are eligible for inclusion as economic development property under the Act, become subject to this Fee Agreement, and which are identified by the Sponsor in connection with its annual filing of a SCDOR PT-100, PT-300 or comparable form with the South Carolina Department of Revenue (as such filing may be amended from time to time) for each year within the Investment Period. Title to all Economic Development Property shall at all times remain vested in the Sponsor, except as may be necessary to take advantage of Section 00-00-000 of the Act.

Economic Development Property means those items of real and tangible personal property of the Project placed in service not later than the end of the Investment Period that (i) satisfy the conditions of classification as economic development property under the Act, and (ii) are identified by the Sponsor in its annual filing of a PT-300S or comparable form with the Department (as such filing may be amended from time to time).

Economic Development Property means all items of real and tangible personal property comprising the Project which qualify as economic development property under the Act, become subject to this Fee Agreement, and are identified by the Company in connection with the annual filing of a SCDOR PT-100, PT-300 or comparable forms with the Department (as such filing may be amended from time to time) for each year within the Investment Period. Title to all Economic Development Property shall at all times remain vested in the Company, except as may be necessary to take advantage of the effect of Section 12- 44-160 of the Act.

Economic Development Property shall have the meaning given such term pursuant to the Act, including, without limitation, the provisions of Sections 12-44-30(6), 12-44-40(C), and 00-00-000 of the Code.

Economic Development Property means all property qualifying as economic development property (as defined by the Fee Act), including, without limitation, each item of real and tangible personal property comprising the Project which is placed in service during the Investment Period and which meets the requirements of Sections 12-44-30(6) and 12-44-40(C) of the Fee Act, together with all Replacement Property.

Economic Development Property means each item of real and tangible personal property comprising a project which satisfies the provisions of Section 12-44-40(C) and other requirements of this chapter and is subject to a fee agreement. That property, other than replacement property qualifying under Section 12-44-60, must be placed in service by the end of the investment period.