Authorized Payments definition

Authorized Payments is defined in the Acquisition and Reimbursement Agreement.
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Authorized Payments is defined in the Acquisition and Reimbursement Agreement. “Backup Project Special Tax Rate” is defined in Section 2.3(g).
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Authorized Payments means: (a) the Qualified Project Costs shown in Exhibit A that are not for Acquisition Facilities or Components constructed by Developer; and (b) other amounts for which Developer is entitled to receive payment or reimbursement under the Financing Plan, such as Pre-Agreement Costs and Community Benefits Costs.
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Examples of Authorized Payments in a sentence

  • The Agency will reimburse Developer for Qualified Project Costs and Authorized Payments with any combination of Funding Sources then available for the Agency’s use, subject to any priority established in the Acquisition and Reimbursement Agreement.

  • Developer acknowledges that it must satisfy the conditions set forth in the Acquisition and Reimbursement Agreement as a condition to receiving reimbursement for any Qualified Project Costs or Authorized Payments.

  • The Acquisition and Reimbursement Agreement describes the procedures by which: (x) Developer will seek reimbursement of Qualified Project Costs and Authorized Payments; (y) the Agency will inspect and accept Infrastructure and other Improvements that Developer is required to construct under the DDA; and (z) the Agency will approve Developer’s Payment Requests.


More Definitions of Authorized Payments

Authorized Payments means: (a) the Qualified Project Costs shown in Exhibit A that are not for Acquisition Facilities or Components constructed by Developer; and (b) other amounts for which Developer is entitled to receive payment or reimbursement under the Financing Plan, such as Pre-Development Costs (not including any return on such Pre- Development Costs).
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Authorized Payments means (1) debt service to Lenders plus reasonably related costs; (2) Permitted Third Party Debt Service; (3) Affiliate Payments permitted pursuant to Section 6.8 hereof; (4) Authorized Capital Expenditures; and (5) taxes due and payable by the Borrowers, such taxes not to exceed the aggregate amount of $100,000 per Fiscal Year without prior notice to and approval by Lenders, which approval shall not be unreasonably withheld.
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