The BID Rateable Value Sample Clauses

The BID Rateable Value. For the purposes of calculating the BID Levy the BID Rateable Value will be the rateable value shown in the 2010 rating list as at 1st April 2015. All new hereditaments entering the Rating List after 1st April 2015 will be levied at 1.25% of the prevailing list. The BID Levy Rate The BID Levy Rate is set at 1.25% of the BID Rateable Value from 1st April 2015. The BID levy may increase by an inflationary factor of up to 2% in successive years (i.e. up from 1.25% to 1.27% in year 2). The board will assess if any increase is appropriate each year, giving careful consideration to the economic environment. Changes to Rateable Value Adjustments will be made to the BID Xxxx during the current billing period for changes in rateable value. Rateable value changes will only be effective for the purposes of the BID Rateable Value from the date of alteration of the 2010 rating list unless the change in rateable Value affects more than one billing period when the BID Rateable Value shall change from the 1st April preceding the date of alteration of the 2010 rating list. Changes to the BID Rateable Value will only affect the BID Levy Calculation of the current billing period. Properties removed from the 2010 rating list will be subject to the BID Levy up to the date of its removal from the 2010 rating list and calculated on a daily basis. New properties will similarly be liable from the date of entry onto the 2010 rating list and be calculated on a daily basis. Where an existing property is split or merged the BID Levy Calculation will be made on the revised entry or entries shown in the 2010 rating list and calculated on a daily basis. BID Levy Exemptions The BID Rateable Value below which an hereditament is exempt from the BID Xxxx is £60,000. NO classes of hereditament with a rateable value of over £60,000 are exempt from payment of the BID Levy:- BID Levy Relief All BID Levy Payers are subject to the full BID Levy Calculation and are liable for the full BID Levy payable on each hereditament other than those exempt. BID Levy Payers in receipt of mandatory and/or discretionary relief from their Non-Domestic Rating liability are not to receive any relief from their BID Levy liability. Liability for the BID Xxxx Liability for the BID Xxxx will fall upon the Non-Domestic Ratepayer for the property. If the property is empty liability for the BID Xxxx will fall upon the person or organisation entitled to possession in accordance with Non-Domestic Rating regulations There sh...
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The BID Rateable Value. For the purposes of calculating the BID Xxxx, the BID Rateable Value will be the rateable value shown in the 2010 rating list, used as the basis to calculate the BID levy from the period 1st April 2016 to 31st March 2021. The Council shall not give or agree to give any refunds to any Levy payer either fully, or in part, for any billing period whether current or past, in respect of Levy amounts paid should there be a retrospective change in Valuation Office valuation of any hereditament or if the Council are informed by a Xxxx payer of any possible change. Any retrospective change will be recorded and applied for the next relevant billing cycle 1st April to 31st March. All new hereditaments entering the Rating List after 1st April 2016 will be levied at 1% of the most recent revaluation list from the Valuations Office. This may supersede the Rating List 2010. The BID Levy Rate The BID Levy Rate is set at 1% of the BID Rateable Value from 1st April 2016 and will remain at this level until 31st March 2021.
Sample 1Sample 2
The BID Rateable Value. For the purposes of calculating the BID Xxxx, the BID Rateable Value will be the rateable value shown in the 2017 rating list, used as the basis to calculate the BID levy from the period 1st April 2021 to 31st March 2026. The Council shall not give or agree to give any refunds to any Levy payer either fully, or in part, for any billing period whether current or past, in respect of Levy amounts paid should there be a retrospective change in Valuation Office valuation of any hereditament or if the Council are informed by a Xxxx payer of any possible change. Any retrospective change will be recorded and applied for the next relevant billing cycle 1st April to 31st March. All new hereditaments entering the Rating List after 1st April 2021 will be levied at one per cent (1% or 0.01) of the most recent revaluation list from the Valuations Office. This may supersede the Rating List 2017. The BID Levy Rate The BID Levy Rate is set at one per cent (1% or 0.01) of the BID Rateable Value from 1st April 2021 and will remain at this level until 31st March 2026. The rate remains unchanged from the previous term. If a change in the levy amount is required during the life of the current BID period, this will be put to a ballot of all businesses in the BID area, in accordance with the Business Improvement Districts (England) Regulations 2004. In the event of a second BID term being sought, any revision to the Levy Percentage Rate will be reviewed by the Board and the new percentage rate set out clearly prior to a ballot of BID area businesses taking place.
Sample 1
The BID Rateable Value. For the purposes of calculating the BID levy, the rateable value will be that shown in the 2017 Valuation List as at 1st April 2021 (see Appendix 6). All new hereditaments entering the list after 1st April 2021 will be charged at the prevailing list at that time.
Sample 1
The BID Rateable Value. For the purposes of calculating the BID Levy, the BID Rateable Value will be the rateable value shown in the 2010 rating list, used as the basis to calculate the BID levy for the period 1st April 2016 to 31st March 2021. The BID Levy Rate The BID Levy Rate is set at 1% of the BID Rateable Value from 1st April 2016 and will remain at this level until 31st March 2021.
Sample 1

Related to The BID Rateable Value

  • Amount Payable for Timber Current Contract Rates and Required Deposits in effect when the timber is Scaled shall be applied to the Scaled volume to deter- mine the amount Purchaser shall pay.

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • P R E A M B L E 26 27 This Agreement is made and entered into between Peninsula School District Number 401 28 (hereinafter "District") and Public School Employees of Peninsula, Bus Driver Unit, an affiliate of 29 Public School Employees of Washington (hereinafter "Association"). 31 In accordance with the provisions of the Public Employees Collective Bargaining Act and regulations 32 promulgated pursuant thereto, and in consideration of the mutual covenants contained herein, the 33 parties agree as follows: 34 35 37 A R T I C L E I 38 39 RECOGNITION AND COVERAGE OF AGREEMENT 40 41 Section 1.1. 42 The District hereby recognizes the Association as the exclusive representative of all employees in the 43 bargaining unit described in Section 1.3, and the Association recognizes the responsibility of 44 representing the interests of all such employees.

  • Outstanding Amount The Issuing and Paying Agent shall, upon request from the Issuer, the Trustee, the Guarantor or any Dealer, inform such person of the aggregate nominal amount of Notes, or Notes of any particular Series, then outstanding at the time of such request. In the case of Notes represented by an NGN, the nominal amount of Notes represented by such NGN shall be the aggregate amount from time to time entered in the records of both Euroclear and Clearstream, Luxembourg. The records of Euroclear and Clearstream, Luxembourg shall be conclusive evidence of the nominal amount of Notes represented by the relevant NGN and for such purposes, a statement issued by Euroclear or Clearstream, Luxembourg stating the nominal amount of Notes represented by the relevant NGN at any time shall be conclusive evidence of the records of the relevant clearing systems at that time. Payments made by the Issuer in respect of Notes represented by an NGN shall discharge the Issuer’s obligations in respect thereof. Any failure to make the entries in the records of the relevant clearing systems shall not affect such discharge.

  • Deposits of Loan Amounts Except as the Bank may otherwise agree:

  • Loan Amount 5. ACCOUNT NAME(S) .............................................................................................................................................................................. BANK NAME / BRANCH ...................................................................................................................................................................

  • Increases in Class Principal Balances of the Notes On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Class M Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above. If on the Maturity Date or any Payment Date a Class of MAC Notes is outstanding, all Tranche Write-up Amounts that are allocable to Class M Notes that were exchanged for such MAC Notes will be allocated to increase the Class Principal Balances or Notional Principal Amounts, as applicable, of such MAC Notes in accordance with the exchange proportions applicable to the related Combination.

  • Calculation of Liquidation Amount Upon the occurrence of a Liquidation Date:

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