Exempt Properties definition

Exempt Properties means those class or classes of properties as identified in the BID Levy Rules which shall be exempt from any requirement to pay the BID Levy;
Exempt Properties the real properties listed on Schedule 1.1A-1.
Exempt Properties means (i) the real property located at Cornxxxx, Xxxxxxx, Xxxxxx xxxch is to be leased by PCICC from the Canadian Seller pursuant to the Lease referred to in the definition of "Acquisition Agreements" and (ii) the real property located at Point Tuppxx, Xxva Scotia, Canada upon which storage tanks to be acquired by PCICC from the Canadian Seller under the Purchase Agreement are situated.

Examples of Exempt Properties in a sentence

  • State Statute 66.1109(5)(a): Property known to be used exclusively for residential purposes will not be assessed; such properties will be identified as BID Exempt Properties in Appendix D, as revised each year.

  • State Statute 66.1109(5)(a): Property known to be used exclusively for residential purposes will not be assessed; such properties will be identified as BID Exempt Properties in Appendix C, as revised each year.

  • Adopted by 2/3 of the Municipal Council of the City of Kelowna thisMayorCity Clerk Schedule A – Place of Worship Tax Exempt Properties for 2011 Tax Year NO.

  • The property taxes assessed to the easement are in rem (against the easement) rather than in personam (against the owner of easement rights).Types of Exempt Properties Types of Exempt PropertiesPersonal PropertyIn general, most personal property is exempt from property tax in Minnesota.

  • As part of this dependable and recurring behavior, we’re in your home and interacting with your pet every week.

  • The property is not used for residential purposes on either a temporary or permanent basis.Types of Exempt Properties An example of an agricultural historical society property which has been granted exemption is a threshing society.

  • ThisTypes of Exempt Properties exemption is valid for up to a maximum of four years from the date of issue of bonds or notes for the project.

  • Acceptance of Qualifications and Rates for Reassessment of Specified Vacant Land, Commercial & Exempt Properties and Award of Contract to Sterling DiSanto & Associates LLC – Not to Exceed $17,000.00.

  • Local extractors and/or fresh air/filter masks may be used as an alternative to laboratory chemical hood if a risk assessment has been completed.

  • Sewerage Service Fees – Exempt Properties For all properties exempt from service charges under Schedule 4 of the Water Management Act 2000 it is proposed that a fee be charged, in accordance with Section 310(2) of the Act, of $61.75 per annum for each water closet and $21.86 per annum for each cistern servicing a urinal where installed.


More Definitions of Exempt Properties

Exempt Properties means the properties listed on Exhibit A. “Fairly Imposed” has the meaning set forth in Section 2.08. “Flat Fee” means a fixed charge.
Exempt Properties are defined as single lot land use applications (with less than 4 ERUs of development), less than 5‐lot land use applications (with less than 4 ERUs of development) and commercial Land Use Permits (with less than 4 ERUs of development) up to a maximum of 550 ERUs (outside of The Villages and Xxxxxx Hills MPDs). Exempt Properties shall be charged the appropriate and applicable City connection charges, impact fees and development charges consistent with City Code, but shall not be charged their proportionate share of costs for on‐site Regional Facilities Constructed by the Master Developer. If and only if the benefit area cannot be unambiguously assigned (e.g., an intersection project that provides service to the entire City), the Master Developer’s reimbursement for on‐site Regional Facility construction costs in excess of its proportionate share shall be calculated based on the assumption that 10,500 ERUs are benefitted. For example, a 10‐lot residential subdivision that was required to pay its proportionate share costs to the Master Developer for a given on‐site Regional Facility would pay 0.000952 times the Master Developer’s cost for the applicable infrastructure facility (10/10,500). Notwithstanding anything to the contrary above, the City shall work in good faith and use reasonable best efforts to: (i) apply for grants and use funds awarded under such grants; and (ii) seek mitigation payments for impacts associated with growth occurring outside the City boundaries pursuant to the State Environmental Policy Act (“SEPA”), to reimburse the Master Developer for the on‐site Regional Facilities construction costs it incurs in excess of its proportionate share. Table 11‐3‐1 Xxxxxx Hills and The Villages Phase 1A On‐Site Regional Facilities Project Description (see Exhibit “K” MPD Phasing Plans) Funding Responsibility City Master Developer King County The Villages MPD Community Connector which is the first segment of roadway providing access and utilities to Development in Xxxxx 0X. X Neighborhood street with bike lane providing secondary The Villages MPD Phase 1A access. X Frontage improvements in SE‐Auburn‐Black Diamond Road. These will be constructed in phases as Phase 1A develops. X Intersection improvements at the intersection of Community Connector and SE Auburn‐Black Diamond Road. X Intersection improvements at Auburn‐Black Diamond Road/Lake Xxxxxx Road and neighborhood street. X Project Description (see Exhibit “K” MPD Phasing Plans) Funding Responsib...
Exempt Properties means all properties that exceed a distance of 200 feet from serviced Municipal road allowance;
Exempt Properties means those properties identified in the BID Levy Rules which shall be exempt from any requirement to pay the BID Levy. Financial Year means the period of 1 August to 31 March for the first financial period of the BID term and then 1st April to 31st March thereafter. FOIA means the Freedom of Information Xxx 0000 and any subordinate legislation made under the act from time to time together with any guidance or codes of practice issued by the Information Commissioner in relation to such legislation. Information has the meaning given under section 84 of the FOIA. Requests for Information shall have the meaning set out in FOIA or any apparent request for information under the FOIA or the EIR Liability Order means an order obtained from the Magistrates’ Court in accordance with the Regulations. Operational Date means 1 August 2018 being the date upon which the renewed BID Arrangements come into force. Public Meeting means the meeting to be held of all BID Levy Payers pursuant to Regulation 18(1)(a)(ii) of the Regulations. Regulations means the Business Improvement Districts (England) Regulations 2004 and such amendments made by the Secretary of State pursuant to Section 48 of the Local Government Act 2003 (from time to time).

Related to Exempt Properties

  • Exempt Property means tangible personal property acquired in whole or in part with Federal funds, where the Federal awarding agency has statutory authority to vest title in the recipient without further obligation to the Fed- eral Government. An example of ex- empt property authority is contained in the Federal Grant and Cooperative Agreement Act (31 U.S.C. 6306), for property acquired under an award to conduct basic or applied research by a non-profit institution of higher edu- cation or non-profit organization whose principal purpose is conducting scientific research.

  • Nonexempt property means property that is not a principal residence, qualified agricultural property, qualified forest property, supportive housing property, industrial personal property, commercial personal property, or property occupied by a public school academy.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Owned Properties has the meaning set forth in Section 3.16.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Common Properties means and refer to those areas of land shown on any recorded subdivision plat of The Properties and intended to be devoted to the common use and enjoyment of the owners of The Properties.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Excepted Property The meaning assigned in the Granting Clauses hereof.

  • Exempt Area means a county where there is a county agency that provides similar programs for licensing and inspection of adult foster homes that the Director finds are equal to or superior to the requirements of ORS 443.705 to 443.825 and that the Director has exempted from the license, inspection, and fee provisions described in ORS 443.705 to 443.825. Exempt area county licensing rules require review and approval by the Director prior to implementation.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Excluded Equity Interests means, collectively: (i) any Equity Interests in any Subsidiary with respect to which the grant to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of a security interest in and Lien upon, and the pledge to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of, such Equity Interests, to secure the Obligations (and any guaranty thereof) are validly prohibited by Requirements of Law; (ii) any Equity Interests in any Subsidiary with respect to which the grant to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of a security interest in and Lien upon, and the pledge to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of, such Equity Interests, to secure the Obligations (and any guaranty thereof) require the consent, approval or waiver of any Governmental Authority or other third party and such consent, approval or waiver has not been obtained by Borrower following Borrower’s commercially reasonable efforts to obtain the same; (iii) any Equity Interests in any Subsidiary that is a non-Wholly-Owned Subsidiary that the grant to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of a security interest in and Lien upon, and the pledge to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, of, such Equity Interests, to secure the Obligations (and any guaranty thereof) are validly prohibited by, or would give any third party (other than Borrower or an Affiliate of Borrower) the right to terminate its obligations under, the Operating Documents or the joint venture agreement or shareholder agreement with respect to, or any other contract with such third party relating to such non-Wholly-Owned Subsidiary, including any contract evidencing Indebtedness of such non-Wholly-Owned Subsidiary (other than customary non-assignment provisions which are ineffective under Article 9 of the Code or other Requirements of Law), but only, in each case, to the extent, and for so long as such Operating Document, joint venture agreement, shareholder agreement or other contract is in effect; (iv) any Equity Interests in any other Subsidiary with respect to which, Borrower and the Collateral Agent reasonably determine by mutual agreement that the cost (including Tax costs) of granting the Collateral Agent, for the benefit of Lenders and the other Secured Parties, a security interest in and Lien upon, and pledging to the Collateral Agent, for the benefit of Lenders and the other Secured Parties, such Equity Interests, to secure the Obligations (and any guaranty thereof) are excessive, relative to the value to be afforded to the Secured Parties thereby.

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Company Owned Real Property shall have the meaning set forth in Section 3.15(a).

  • Existing Equity Interests means any Equity Security, including all issued, unissued, authorized, or outstanding shares of capital stock and any other common stock, preferred stock, limited liability company interests, and any other equity, ownership, or profit interests of Mariposa Intermediate, including all options, warrants, rights, stock appreciation rights, phantom stock rights, restricted stock units, redemption rights, repurchase rights, convertible, exercisable, or exchangeable securities, or other agreements, arrangements, or commitments of any character relating to, or whose value is related to, any such interest or other ownership interest in Mariposa Intermediate, whether or not arising under or in connection with any employment agreement and whether or not certificated, transferable, preferred, common, voting, or denominated “stock” or a similar security.

  • Restricted Property means (a) any property of the Company located within the United States of America that, in the opinion of the Company’s board of directors, is a principal manufacturing property or (b) any shares of capital stock or Debt of any Subsidiary owning any such property.