Incremental Unit definition

Incremental Unit means a Restricted Unit included in a residential development receiving either a nine-percent tax credit allocation from TCAC or receiving an award of MHP funds and where the unit either:
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Examples of Incremental Unit in a sentence

  • Purchase Price Per Incremental Unit in Volume Discount Range Amount of Selling Commission Volume Discount Maximum Reallowable Selling Amount of Investment From To Commission $ 0 $ 1,000,001 $ 2,000,001 $ 3,000,001 $ 1,000,000 $ 2,000,000 $ 3,000,000 $ 5,000,000 $ 10.00 $ 9.90 $ 9.80 $ 9.70 0.0% 1.0% 2.0% 3.0% 7.0% 6.0% 5.0% 4.0% Any reduction in the amount of the selling commissions for volume discounts will be credited to the purchaser in the form of additional Shares, including fractional Shares.

  • The following table illustrates the various discount levels available for qualifying purchases: Commissions on Sales per Incremental Unit in Volume Discount Range Percentage Number of Purchase Price per Incremental (based on $10,000 Amount Units Purchased Units in Volume Discount Range per Unit) per Unit 1 to 20 $ 10,000 6 % $ 600 21 to 40 $ 9,800 4 % $ 400 41 and over $ 9,740 3 % $ 300 Other accommodations may be agreed to by the Company Sponsor in connection with a purchase of 400 or more Units.

  • The following table illustrates the various discount levels available for qualifying purchases: Commissions on Sales per Incremental Unit in Volume Discount Range Percentage Number of Purchase Price per Incremental (based on $10,000 Amount Units Purchased Units in Volume Discount Range per Unit) per Unit 1 to 5 $ 50,000 6 % $ 3,000 6 to 10 $ 49,000 4 % $ 2,000 11 and over $ 48,500 3 % $ 1,500 Other accommodations may be agreed to by the Company Sponsor in connection with a purchase of 80 or more Units.

Related to Incremental Unit

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental value means a figure derived by multiplying the marginal value of the property located within a project area on which tax increment is collected by a number that represents the adjusted tax increment from that project area that is paid to the agency.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Increment means the amount per annum provided as a rate of increase in the applicable salary payable to any eligible employee, which unless the context of the relevant approved pay range otherwise clearly indicates, may be granted annually on the applicable anniversary dates.