MCP Payments definition

MCP Payments means the annual payments in lieu of ad valorem taxes with respect to the Project required under the Multi-County Park Act and the Greenville/▇▇▇▇▇▇▇▇ Multi-County Park Agreement, which payments shall be equivalent to the ad valorem property taxes that would have payable except for the inclusion of the Project in a Multi-County Park.
View Source

Examples of MCP Payments in a sentence

  • Notwithstanding termination of this Agreement, the Company’s obligation to pay delinquent MCP Payments due under this Agreement shall survive any such termination.

  • All calculations of MCP Payments hereunder shall take into account all deductions for depreciation or diminution in value allowed by the Code or by the tax laws generally, as well as all exemptions and credits which would have been applicable if such property were subject to ad valorem taxes.

  • The fee-for-service budget, before Budget Adjustments, in the respective fiscal years during the term of this Memorandum is as follows: Fee-For-Service Fiscal Year MCP Payments (Millions) Base Amount $ 116.32 1998-99 121.86 1999-00 126.20 2000-01 130.24 2001-02 135.96 2002-03 140.21 Payments to, or on behalf of salaried physicians, by MCP are projected to be in the following amounts, based on current physician compliments, for the respective fiscal years during the term of this Memorandum.

  • The fee-for-service budget, before Budget Adjustments, in the respective fiscal years during the term of this Memorandum is as follows: Fiscal Year MCP Payments Base Amount $ 116.32 1998-99 121.86 1999-00 126.20 2000-01 130.24 2001-02 135.96 2002-03 140.21 Payments to, or on behalf of salaried physicians, by MCP are projected to be in the following amounts, based on current physician compliments, for the respective fiscal years during the term of this Memorandum.

  • Fiscal Year MCP Payments Base Amount $ 30.52 1998-99 31.88 1999-00 33.24 2000-01 35.30 2001-02 36.88 2002-03 38.63 The parties recognize that; · With respect to fee-for-service physicians, these budgetary numbers are based on the assumption that medical services will continue to be delivered at approximately the same level in each year of this Memorandum as existed in the1997-98 fiscal year.

  • Salaried Physician Fiscal Year MCP Payments (Millions) The parties recognize that; • With respect to fee-for-service physicians, these budgetary numbers are based on the assumption that medical services will continue to be delivered at approximately the same level in each year of this Memorandum as existed in the1997-98 fiscal year.

Related to MCP Payments

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • Termination Payments has the meaning specified in Section 10(a).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.