Minus Sample Clauses
The "Minus" clause serves to exclude specific items, obligations, or scenarios from the scope of a contract or agreement. In practice, this clause identifies particular goods, services, or responsibilities that are not covered, even if they might otherwise fall under the general terms of the contract. For example, a service agreement might list certain maintenance tasks as included, but a "Minus" clause would specify that emergency repairs are not part of the standard service. The core function of this clause is to ensure clarity by explicitly stating exceptions, thereby preventing misunderstandings and disputes over what is and is not included.
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Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Any amounts previously paid to the District under Section 4.2 with respect to such Tax Year: The number 0.40; Any amounts previously paid to the District under this Article VI with respect to such Tax Year. If the amount calculated above results in a negative number, then the Applicant’s Stipulated Supplemental Payment Amount shall be zero. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third Party Consultant shall adjust the Applicant’s Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Any amounts previously paid to the District under Articles IV and V with respect to such Tax Year: Multiplied by The number 0.25; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third-Party Consultant described in Section 4.5, above shall adjust the Applicant's Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. The aggregate outstanding amount of Credit Extensions to, or for the account of, the Borrowers; or
Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Any amounts previously paid to the District under Section 4.2 and Article V with respect to such Tax Year: Multiplied by The number 0.50; Minus Any amounts previously paid to the District under this Article VI with respect to such Tax Year. If the amount calculated above results in a negative number, then the Applicant’s Stipulated Supplemental Payment Amount shall be zero. Based on the calculation above, the Parties agree that Applicant’s Stipulated Supplemental Payment Amount for all years prior to the first Tax Year of the Tax Limitation Period shall be zero. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third Party Consultant described in Section 4.5, above shall adjust the Applicant's Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.
Minus. The aggregate unpaid balance of the Loan Account
Minus. The aggregate of the Availability Reserves.
Minus. The aggregate undrawn Stated Amount of all then outstanding L/Cs;
Minus. The number of Units cancelled due to any Surrender Charges collected from your interest in the Separate Account Division due to partial surrenders; MINUS
Minus. On balance sheet liabilities relating to historical acquisitions based on the relevant put/call instruments and contractual formula with the minority shareholder using the latest audited statutory accounts available for these subsidiaries
Minus. The Taxable Value of the Applicant's Qualified Property for such Tax Year after giving effect to this Agreement (i.e., the Taxable Value of the Applicant's Qualified Property used for the District's maintenance and operations tax purposes for such Tax Year, or school taxes due to any other governmental entity, including the State of Texas, for such Tax Year); The District's maintenance and operations tax rate for such Tax Year, or the applicable school tax rate of any other governmental entity, including the State of Texas, for such Tax Year; Any amounts previously paid to the District under Section 4.2 with respect to such Tax Year: The number 0.50; Any amounts previously paid to the District under this Article VI with respect to such Tax Year. In the event that there are changes in the data upon which the calculations set forth herein are made, the Third-Party Consultant described in Section 4.5, above shall adjust the Applicant's Stipulated Supplemental Payment Amount calculation to reflect such changes in the data.