ATMC definition
Examples of ATMC in a sentence
New Equipment and Machinery means new, used, and/or refurbished business personal property new to the ▇▇▇▇▇▇ Central Appraisal District property tax valuation roll through purchase or transfer, as of the Effective Date of this Agreement, that is installed in the Company’s Oak Hill and ATMC facilities located in Austin, Texas.
The representative may be accompanied by their delegation at meetings of the ATMC.
The ATMC shall consist of one official representative from each Member State’s regulatory authority.
Before December 31, 2026 the Company shall create at least 42 cumulative New Full-Time Jobs that employ Austin Residents, located at its Oak Hill and ATMC Facilities combined (Combined Operations).
An additional 5% of the Eligible City Property Taxes levied on New Equipment and Machinery defined in section 2.1.07 that is installed in the Company’s Oak Hill and ATMC facilities in Austin, Texas.
Upon signing of this MOU, ATMC members, through various communication and coordination initiatives, agree to work in collaboration to identify new objectives to meet the above noted goals or, wherever possible, to build upon existing initiatives.
The Company’s Austin Technology and Manufacturing Center (ATMC) is located at ▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ Blvd., Austin, TX 78721.
The scientific body shall develop its own rules and procedures to be approved by the ATMC.
The Company shall ensure that after the Effective Date of this Agreement and before December 31, 2026 the Company has invested at least $131,240,000 in the purchase and installation of business personal property at its Oak Hill facility and an additional $129,720,000 in the purchase and installation of business personal property at its ATMC facility, for a total investment of $260,960,000 in business personal property at both facilities.
Cumulative investment of at least $129,720,000 in business personal property at the ATMC facility.