First Assessment Date definition

First Assessment Date means the date the first assessments are levied against the District.

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First Assessment Date has the meaning ascribed to such term in Section 6.

First Assessment Date means the date the first assessments

Examples of First Assessment Date in a sentence

• Consistent with applicable State law, including any MDOR regulations, and the policy and practice of the Tax Assessor, the Parties agree that Land and any interests therein will be taxable prior to the First Assessment Date under its then-current classification, although it may be reclassified as industrial property for assessment purposes thereafter.

• If real Property improvements or personal Property are subject to any Taxes in any year which begins prior to the Commercial Operation Date, then the Company may elect to designate January 1 of that year as the First Assessment Date and begin the FIL Term on that First Assessment Date provided that the Minimum Capital Investment has been made prior to such election by the Company.

• Before February 1, 2001, the Company would pay the Fee-in-Lieu Amount for the First Assessment Year with respect to the Company's property subject to Taxes on January 1, 2000 (the First Assessment Date).

• No later than April 1 of the Assessment Year beginning on the First Assessment Date, the Company shall provide to the Taxing Authorities a Certificate of Investment as to the Minimum Capital Investment.

• Land will be taxable prior to the First Assessment Date under its then-current classification, although it may be reclassified as industrial property for assessment purposes thereafter.

• In such event, notice of the Company's election to designate January 1 of that year as the First Assessment Date and begin the FIL Term on that First Assessment Date shall be provided to the Tax Assessor prior to April 1 of such year.

More Definitions of First Assessment Date

First Assessment Date means the earliest January 1 by which both of the following events have occurred: (i) The Tax Assessor and the Company have determined that at least eighty percent (80%) of the real and/or personal property which is attributable to the first Production Line and subject to ad valorem assessment is in place and ready to operate, and (ii) the Company has met the $100,000,000.00 minimum capital investment required by Section 27-31-104. (As hereinafter used, the term "First Assessment Ye▇▇" ▇▇▇▇▇ mean the period beginning with the First Assessment Date, and ending on December 31 of the same year.)

First Assessment Date the Parties nominated officers shall meet to assess the average performance of the Gaming Terminals supplied to Cambodia. The assessment shall be used to determine (i) the existing market conditions, (ii) the games software supplied (iii) net income revenues derived from operation of the Gaming Terminals and (iv) the cost to each of the Parties of any technical and interface modifications as may be required and affecting the operation of any , of the Gaming Terminals supplied under this Heads of Terms, and (v) EGT’s technical and field service operations and requirements.