Incentive Packages definition
Incentive Packages means incentives, cash payments, tenant improvement allowances, tax credits, tax rebates, tax reduction, or other forms of consideration actually provided to lessees of the Project.
Incentive Packages means incentives, cash payments, tenant improvement allowances, tax credits, tax rebates, tax reduction, or other forms of consideration actually provided to lessees of the Project. None of the amounts paid by SRC in connection with the invoices submitted in an Application for Disbursement and then disbursed by Triumph shall also have been or will in the future be in any manner (a) reimbursed, returned, refunded, rebated, or otherwise credited to, SRC by any contractor, materialman, vendor, or any other person or entity, or (b) paid, reimbursed, returned, refunded, rebated, or otherwise credited to SRC by the State of Florida, the United States, or any agency or instrumentality of any of the foregoing, whether under any grant or loan program or other method of contribution, it being expressly understood an agreed that SRC shall not receive payments, refunds, reimbursements, rebates or credits from any sources in amounts collectively exceeding 100% of the invoices under each Contract. Triumph will honor requests for reimbursement to SRC; however, Triumph may elect by notice in writing not to make a payment if, among other things:
Examples of Incentive Packages in a sentence
In exchange for UP's commitment to make all Incentive Packages available to APL, APL agrees that it will only use UP's linehaul service and rates agreed to in connection with such bid packages or projects.