Dedicated TIF 1 Revenue definition

Dedicated TIF 1 Revenue means the Tax Increment revenue generated by the West Lafayette Levee/Village Redevelopment Area (“TIF 1”) to be made available to the Project in the cumulative amount of $60 million and at the rate set forth in a schedule shared by the City with the Joint Board. References to “Dedicated TIF 1 Revenue” in the context of a payment period are deemed to include the amount of Dedicated TIF 1 Revenue remaining in such period after giving effect to any reduction for amounts of principal and interest owed on bonds issued pursuant to the Special Pre-Development Financing.
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Dedicated TIF 1 Revenue means the Tax Increment revenue generated by the West Lafayette Levee/Village Redevelopment Area (“TIF 1”) to be made available to the Project in the cumulative amount of $60 million and at the rate set forth in a the TIF 1 Commitment Sschedule shared by the City with the Joint Board. References to
Sample 1Sample 2
Dedicated TIF 1 Revenue means the Tax Increment revenue generated by the West Lafayette Levee/Village Redevelopment Area (“TIF 1”) to be made available to the Project in the cumulative amount of $60 million and at the rate set forth in a the TIF 1 Commitment Sschedule shared by the City with the Joint Board. References to “Dedicated TIF 1 Revenue” in the context of a payment period are deemed to include the amount of Dedicated TIF 1 Revenue remaining in such period after giving effect to any reduction for amounts of principal and interest owed on bonds issued pursuant to the Special Pre- Development Financing.
Sample 1

Examples of Dedicated TIF 1 Revenue in a sentence

  • Toward this end, the City, through the RDC, hereby commits the Dedicated TIF 1 Revenue and the Dedicated TIF 2 Revenue to provide funding for the Project.

  • The obligation to pay amounts due on such bonds shall be secured by a pledge of Dedicated TIF 1 Revenue in an amount necessary to cover the debt service and any required reserve therefor.

  • The Joint Board shall, in turn, use the Dedicated TIF 1 Revenue and Dedicated TIF 2 Revenue made available through the EDC Bond and the State Street Lease Structure to make the scheduled availability payments and any other payments due the Developer under the PPA.

  • Betts questioned about what can be included in single sort recycling and Larson explained that recyclables are to all be placed together in one bin.

  • Upon obtaining such approvals, the Parties shall cooperate and take such other actions as are necessary or appropriate to increase the funding available for the Project, such as by increasing the overall amount of Dedicated TIF 1 Revenue pledged to the Project and/or by amending, subject to the mutual agreement of the Joint Board , the RDC and PRF, the credit agreement for the TIF Support Facility to give effect to an increase in the aggregate principal amount thereof.

Related to Dedicated TIF 1 Revenue

  • Project Revenue means all net rents, proceeds, revenue and other income derived by the City by virtue of any lease, sale, conveyance or other disposition of any part of the Project, plus all sums received by the City as a result of damage to or destruction or condemnation of the Project, but shall not mean any part of the Tax Revenue.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Anticipated county property tax revenue availability means the

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Proportional Multi-Driver Project: “Proportional Multi-Driver Project” shall have the same meaning provided in the Operating Agreement. Pseudo-Tie:

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • estimated consumption means the consumption that a customer, whose consumption is not measured during a specific period, is deemed to have consumed and that is estimated by taking into account factors that are considered relevant by the Municipality and which may include the consumption of municipal services by the totality of the users of a service within the area where the service is rendered by the Municipality, at the appropriate level of service, for a specific time;

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • System Revenues means all rates, rents, fees, charges,

  • Proved Developed Non-Producing Reserves means oil and gas reserves that, in accordance with Petroleum Industry Standards, are classified as both “Proved Reserves” and “Developed Non-Producing Reserves.”

  • Gross Revenue means:

  • Sublicense Revenue means [***].

  • Proved Developed Producing Reserves means Proved Reserves that are categorized as “Developed Producing Reserves” in the PRMS, “Proved Developed Nonproducing Reserves” means Proved Reserves that are categorized as “Developed Nonproducing Reserves” in the PRMS, and “Proved Undeveloped Reserves” means Proved Reserves that are categorized as “Undeveloped Reserves” in the PRMS.

  • Disposable earnings means that part of the earnings of an

  • LTM Fee Revenue has the meaning set forth in Section 7.2.2(c).

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Sublicense Revenues means [***].

  • Proved Developed Reserves means oil and gas reserves that, in accordance with Petroleum Industry Standards, are classified as both “Proved Reserves” and one of the following: (a) “Developed Producing Reserves” or (b) “Developed Non-Producing Reserves.”

  • net non-operating income means the difference between:

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.