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.