Recapitulation Clause Samples
Recapitulation a. Show the difference between the value of the entire property and the value of the remainder by deducting the property’s after value from it’s before value.
Recapitulation. 1. Legal name of each initial party to this Agreement: ▇▇▇▇▇▇ River Partners, LLC DBA Bushy Park and Berkeley County, South Carolina
2. County and street address of the project and property to be subject to this Agreement: [ ] Berkeley County, South Carolina
3. Minimum investment agreed upon: $2,000,000 (real property) $5,000,000 (personal property)
4. Length and term of this Agreement: 10 years for each annual increment of investment in the Project during the Investment Period.
5. Assessment ratio applicable for each year of this Agreement: 6%
6. Millage rate applicable for each year of this Agreement: Every year of the term: 273.7 ▇▇▇▇▇
7. Schedule showing the amount of the fee and its calculation for each year of this Agreement: Waived by the County and the Company
8. Schedule showing the amount to be distributed annually to each of the affected taxing entities: Waived by the County and the Company
Recapitulation. 1. Legal name of each initial party to this Agreement: CenterPoint Properties Trust; and Berkeley County, South Carolina.
2. County and street address of the Project and property to be subject to this Agreement: Berkeley County, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇, Summerville, South Carolina 29483
3. Minimum investment agreed upon: Twenty Million Dollars ($20,000,000.00) by the Company
4. Length and term of this Agreement: Twenty (20) years 5. Assessment ratio applicable for each year of this Agreement: 6%
6. Millage rate applicable for each year of this Agreement: Every year of the Term: 273.7 mills1 1 County to confirm
7. Schedule showing the amount of the fee and its calculation for each year of this Agreement: Waived by the County and the Company
8. Schedule showing the amount to be distributed annually to each of the affected taxing entities: Waived by the County and the Company
Recapitulation. 1. Legal name of each initial party to this Agreement: Volvo Car USA LLC (d/b/a Volvo Car US Operations) and Berkeley County, South Carolina.
2. County and street address of the project and property to be subject to this Agreement: [to be updated]
3. Minimum investment agreed upon: $3,000,000.00 (real property) $3,000,000.00 (personal property)
4. Length and term of this Agreement: 15 years
5. Assessment ratio applicable for each year of this Agreement: 6%
6. Millage rate applicable for each year of this Agreement: Every year of the term: ▇▇▇▇▇
7. Schedule showing the amount of the fee and its calculation for each year of this Agreement: Waived by the County and the Company
8. Schedule showing the amount to be distributed annually to each of the affected taxing entities: Waived by the County and the Company
Recapitulation. 1. Legal name of each initial party to this Agreement: Redwood Materials East, LLC, Camp Hall Campus 3, LLC, and Berkeley County, South Carolina.
2. County and street address of the project and property to be subject to this Agreement: Berkeley County Camp Hall Campus No Street Address Currently Assigned
3. Minimum investment agreed upon: $400,000,000 in real and personal property
4. Length and term of this Agreement: 30 years for each annual increment of investment in the Project during the Investment Period.
5. Assessment ratio applicable for each year of this Agreement: 4%, subject to adjustment pursuant to Section 5.01(d)
6. Millage rate applicable for each year of this Agreement: Every year of the term: 273.7 ▇▇▇▇▇
7. Schedule showing the amount of the annual FILOT Payments and its calculation for each year of this Agreement: Waived by the County and the Company
8. Schedule showing the amount to be distributed annually to each of the affected taxing entities: Waived by the County and the Company
Recapitulation. 1. Legal name of each initial party to this Agreement: ScanSource, Inc., a South Carolina corporation
2. County and street address of the project and property to be subject to this Agreement:
Recapitulation. Debentures. Compost and Lionhart hereby agree that, pursuant to the Debenture Purchase Agreement and the Debentures:
1) On or about November 27, 1996, Compost sold, issued and delivered to Lionhart, and Lionhart purchased from Compost, ten (10) Debentures, Series 1-10, in the face amount per Debenture of US $100,000, and for the total purchase price of US $1,300,000;
2) Pursuant to the First Debenture Conversion, on or about May 20, 1997, Lionhart surrendered, delivered and tendered to Compost, a "Notice of Conversion" (a copy of which is set forth under Appendix I-Item 12) and two (2) Debentures, each in the face amount of US $100,000 (i.e., Series 9-10 of 10 Debentures), and, in exchange therefor, Compost issued and delivered to Compost, and registered in the name of Lionhart, Certificate No. CA1103, representing 178,253 registered (freely tradable) shares of Common Stock of Compost;
Recapitulation of Workshops of TC Working Groups 1 and 5 (cancelled) Agenda item 16. Other Draft Resolutions for MOP6
Recapitulation. 1. Legal name of each initial party to this Agreement: Riverbend Charleston Properties II, LLC; ▇▇▇▇▇▇ ▇▇▇▇▇ LLC; and Berkeley County, South Carolina.
2. County and street address of the Project and property to be subject to this Agreement: Berkeley County, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇, Summerville, South Carolina 29483
3. Minimum investment agreed upon: Twenty Eight Million Dollars ($28,000,000.00) by the Company Three Million Five Hundred Fifty Thousand Dollars ($3,550,000.00) by the Tenant Sponsor Affiliate
4. Length and term of this Agreement: Twenty (20) years 5. Assessment ratio applicable for each year of this Agreement: 6%
6. Millage rate applicable for each year of this Agreement: Every year of the term: 273.7 ▇▇▇▇▇
7. Schedule showing the amount of the fee and its calculation for each year of this Agreement: Waived by the County and the Company
8. Schedule showing the amount to be distributed annually to each of the affected taxing entities: Waived by the County and the Company
Recapitulation. 1. Legal name of each initial party to this Agreement: ▇▇▇▇▇▇▇▇▇▇ Coatings, LLC; ▇▇▇▇▇▇ ▇▇▇▇, LLC; and Berkeley County, South Carolina.
2. County and street address of the Project and property to be subject to this Agreement: Berkeley County: ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇; ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, Charleston, SC 29492
3. Minimum investment agreed upon: Five Million Dollars ($5,000,000.00) by the Companies
4. Length and term of this Agreement: Twenty (20) years 5. Assessment ratio applicable for each year of this Agreement: 6%
6. Millage rate applicable for each year of this Agreement: Every year of the term: 258.7 ▇▇▇▇▇
7. Schedule showing the amount of the fee and its calculation for each year of this Agreement: Waived by the County and the Company
8. Schedule showing the amount to be distributed annually to each of the affected taxing entities: Waived by the County and the Company