Maximum Incentive Amount definition

Maximum Incentive Amount for any Quarter means the sum of (a) the product of (x) the total Common Units Outstanding on the Record Date for such Quarter multiplied by (y) the Maximum Incentive Threshold, plus (b) $39,250,000.00;

Maximum Incentive Amount means the maximum amount of Economic Development Funds payable under the terms of this Agreement, which is the collective sum of One Million and No/100 Dollars ($1,000,000.00).

Maximum Incentive Amount means SIX HUNDRED EIGHTY THOUSAND AND NO/100 DOLLARS ($680,000.00).

Examples of Maximum Incentive Amount in a sentence

• That section also sets forth the Maximum Incentive Amount allowable for each type of project.

• The incentive shall be in the form of a five-year tax abatement, equal to the Maximum Incentive Amount.

• However, any housing development within River Landing is eligible for a five-year tax abatement equal to the Maximum Incentive Amount.

• When new construction occurs on a lot that has not been vacant for 48 consecutive months, the tax rate, at time of demolition, will be used in place of the existing property taxes to determine the Maximum Incentive Amount.

• The points are used to determine the percentage of the total Maximum Incentive Amount.

• Calculating Maximum Incentive Amount *The total amount of a recruitment or relocation incentive may not exceed 100 percent of the employee’s rate of basic pay, even when OPM approves an incentive amount that exceeds 25 percent.

• An amount not to exceed the Maximum Incentive Amount set forth in Attachment A will be paid for Products sold.

• Any Structured Parking located in the City Centre, which does not otherwise meet the criteria of this policy, is eligible for a five-year tax abatement equal to the Maximum Incentive Amount.

• PROPOSAL EVALUATION:Under the Vacant Lot & Adaptive Reuse Incentive Program, a Maximum Incentive Amount will be determined by the Office of the City Assessor and will be equivalent to the increment between the existing property taxes (City of Saskatoon portion) and the taxes paid upon completion, multiplied by five years.

• At the Company’s discretion, and based on changing market conditions, cost- effectiveness and program objectives, incentive amounts may vary from the indicated Maximum Incentive Amount from time to time.

More Definitions of Maximum Incentive Amount

Maximum Incentive Amount means 35 percent of the total

Maximum Incentive Amount means the amount set forth on Schedule 1.01(q).

Maximum Incentive Amount means $13,365,000 and is the maximum amount to be provided by City to reimburse Company for a portion of Construction Costs attributable to the construction of the White Chapel Improvements, the Parking Garage, and the Park, subject to the terms of this Agreement.