Exemption Period definition

Exemption Period means the period beginning on the first day of the property tax year after the property tax year in which an applicable portion of Economic Development Property is placed in service and ending on the Termination Date. In case there are Phases of the Project, the Exemption Period applies to each year’s investment made during the Investment Period.
Exemption Period means the period beginning on the first day of the property tax year after the property tax year in which an applicable piece of economic development property is placed in service and ending on the termination date. For projects which are completed and placed in service during more than one year, the exemption period applies to each year’s investment made by a sponsor during the investment period.
Exemption Period means the period beginning on the first day of the property tax year after the property tax year in which an applicable piece of Economic Development Property is placed in service and ending on the Termination Date. In case there are Phases of the Project, the Exemption Period applies to each year’s investment made during the Investment Period.

Examples of Exemption Period in a sentence

  • Exemption period, terms and obligations of the organisation or individual that is exempted from trade remedies.


More Definitions of Exemption Period

Exemption Period means the period during which any Exemption Event has occurred and continues.
Exemption Period means the period commencing on the day (inclusive) the Borrower receives the notice in Clause 9.1 and ending on the day (inclusive) it receives the notice in Clause 9.2.
Exemption Period means the period from July 1, 2022, through June 30, 2023.
Exemption Period means the period of exemption specified in a notice of exemption under regulation 23(4);
Exemption Period means that period during which all or a portion of the assessed valuation of the improvements has been exempted from real property taxation pursuant to section 725.02 of the Revised Code.
Exemption Period means the ten-year period commencing upon the effective date of the claim for a real property tax exemption pursuant to subsection (b)(4), and ending on June 30th of the last year of the ten-year period.
Exemption Period means the period from July 1, 2022, through June 30, 2024.