Dedicated TIF 2 Revenue definition

Dedicated TIF 2 Revenue means all Tax Increment revenue generated by the West Lafayette 231 Purdue Economic Development Area (“TIF 2”) from and after the date hereof through the statutory expiration date of TIF 2.
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Dedicated TIF 2 Revenue means all Tax Increment revenue generated by the West Lafayette 231 Purdue Economic Development Area (“TIF 2”) to be made available to the Project in the cumulative amount of
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Dedicated TIF 2 Revenue means all Tax Increment revenue generated by the West Lafayette 231 Purdue Economic Development Area (“TIF 2”) to be made available to the Project in the cumulative amount of $62.7 million and at the rate set forth in the TIF 2 Commitment Schedulefrom and after the date hereof through the statutory expiration date of TIF 2.
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Examples of Dedicated TIF 2 Revenue in a sentence

  • The Parties recognize that, given the recent establishment of TIF 2, the Dedicated TIF 2 Revenue will require time to accumulate.

  • 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 Parties further recognize that the successful development of the Western Gateway District, and specifically the parcels within TIF 2, is essential to grow the amount of Dedicated TIF 2 Revenue available to fund the Project.

  • In any and all events, the entire remaining balance of this Note is due and payable on the Maturity Date provided, however, that Maker’s obligation to make payment to Payee for Draws made pursuant to Sections 5.4.2(b), (c) and (d) of the PDA shall at all times be limited to available Dedicated TIF 2 Revenue.

  • The Provider shall develop and maintain the facility’s Exposure Control Plan and provide infection and exposure control procedures and training, including Personal Protective Equipment (PPE) to the medical and detention staff.

  • 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.

  • TIF 2 Pro Rata Share” means, for any required payment to the Developer, the ratio (expressed as a percentage) that the amount of Dedicated TIF 2 Revenue scheduled for the current payment period in the TIF 2 Commitment Schedule bears to the Dedicated Total TIF Revenue for that period.

Related to Dedicated TIF 2 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.

  • 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.

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

  • 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

  • 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.

  • 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.

  • 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.”

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

  • 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;

  • Gross Revenue means:

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

  • 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.

  • Sublicense Revenue means [***].

  • net non-operating income means the difference between:

  • 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®.

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

  • Sublicense Revenues means [***].

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

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

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

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • 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.”

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