Impact Payments definition

Impact Payments means those payments described in Section 5 hereof.
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Impact Payments has the meaning provided in Article 18.1.
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Examples of Impact Payments in a sentence

  • The Tribe shall make all Impact Payments by wire transfer to an account or accounts specified in writing by the City no later than the date such Impact Payment is due and payable hereunder.

  • The Parties agree that the Impact Payments are made in lieu of all taxes and other assessments for the Subject Property otherwise due to the City and/or the City’s departments, boards or commissions including, but not limited to, its police and fire departments.

  • In conjunction with the measures set forth herein, the Impact Payments constitute the Tribe’s mitigation efforts and are in full and complete satisfaction of all Impacts for the Subject Property whether or not identified in this Agreement.

  • The Parties hereby agree that the Impact Payments are not intended to cover the charges for Municipal Services.

  • The Parties agree that the Local Impact Payments to be made pursuant to Section 5 are made in lieu of all taxes and other assessments otherwise due to the Town of Middleborough and/or the Town’s departments, boards or commissions including, but not limited to, its school district and police and fire departments.

  • The Economic Impact Payments and advance CTC benefits were calculated separately from the 2020 and 2021 tax returns due to differences in the tax years used to determine eligibility.

  • DO NOT INCLUDE: IRS Economic Impact Payments (stimulus checks), Federal Pandemic Unemployment Compensation (the additional $600 per week), Lost Wages Supplemental Payment Assistance (up to $400 per week), income of a live-in-aide, children of live-in-aides, ▇▇▇▇▇▇ children, ▇▇▇▇▇▇ adults, or the income of minors.

  • The Town consents to the Tribe’s assignment of this Agreement to the Tribe’s Gaming Authority, which will own and operate all of the assets related to the Project, including the cash flow from revenues from which the Payments (including Annual Impact Payments) will be made.

  • The Parties agree that, except as otherwise specifically provided herein, the Impact Payments to be made pursuant to Section 1 are made in lieu of all taxes and other assessments otherwise due from Wynn (or any affiliate of Wynn owning the Project Site or operating the Project) to the City and/or City departments, boards or commissions, including, but not limited to, its school district, and police and fire departments.

  • Fiscal Impact: Payments issued for amounts shown above are within legally appropriated budget.