Incentive Funds definition

Incentive Funds is defined in Section 8.06.
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Incentive Funds has the meaning set forth in Section 2.10.
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Examples of Incentive Funds in a sentence

  • In the event that the Visit Orlando Agreement shall expire during the term of this Agreement, any Funds awarded but not yet disbursed hereunder shall, unless otherwise required by the County, remain on deposit with Visit Orlando for disbursement for a period not to extend beyond the date that is scheduled for the staging of the Event after which time any awarded but not disbursed Funds shall revert to the general use and purpose of Sports Incentive Funds in general.

  • This Agreement and any payments provided for in this Agreement are contingent upon the availability of Sports Incentive Funds derived from the tax levied under Section 25-136 of the Orange County Code as provided to and held by Visit Orlando.

  • Visit Orlando will disburse a portion of the Sports Incentive Funds (such portion, the “Funds”) to the Recipient in the amount, and within the time frame, as defined in Item 2 of Exhibit A.

  • After 30 days, if sufficient Documentation is not received, the Recipient may be required (at Visit Orlando’s discretion) to promptly return to Visit Orlando the amount of any Funds spent without sufficient Documentation and such returned Funds shall be reverted to the general use and purpose of Sports Incentive Funds in general.

  • Procurement, or lack thereof, of the Incentive Funds will not alter the Contract Amount of this Contract or the payment timeline associated with payment of the Contract Amount.

  • We want to confirm that the Prince William County Department of Economic Development will be utilizing Prince William County’s upgraded Vendor Procurement System to transfer incentive funds into the IDA’s Incentive Funds Account.

  • We furthermore want to confirm for your information that the IDA Incentive Funds Account is a public funds account and therefore does not incur any bank fees, including fees for wire transfers and “bill pays.” Additionally, no other IDA money is co-mingled with this account.

  • States may use Incentive Funds for any eligible CMV safety purpose.

  • We also want to confirm that the IDA Incentive Funds Account into which the grant funds will be transferred is an account for the sole purpose of paying incentives or other County pass-through monies.

  • The total of all States’ shares awarded will be divided into the dollar amount of Incentive Funds available, thereby establishing the value of one share.

Related to Incentive Funds

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Performance Cash means any cash incentives granted pursuant to Article 9 payable to the Participant upon the achievement of such performance goals as the Committee shall establish.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).