Municipal Share definition

Municipal Share of any amount means, for any relevant period and unless otherwise expressly provided herein, the same proportion of such amount as the Municipal Tons of the Municipality bears to the total of the Municipal Tons of all Participating Municipalities.
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Municipal Share means the product (expressed as a percentage) obtained by multiplying 5/9 times the Aggregate Prepayment Amount divided by the Purchase Price, which product shall be re-computed as of each Bond Prepayment Date. (e.g., If Performance Credits totaling $930,000 are used to prepay bonds, the Municipal Share is approximately 1.666%: 5/9 x (930,000 / 31,000,000) x 100).
Sample 1
Municipal Share means the “non‐growth” and “municipal assist” portions of the cost of the Main Road Work, set out as the “Estimated Municipal Cost” in Schedule B to this Agreement.
Sample 1

Examples of Municipal Share in a sentence

  • These formulae provided by DECD are: - Municipal Share of County Taxes- Revenue Sharing- Education Costs The following is the process used to derive these tax shifts.

  • Such amounts may include the Municipality’s Municipal Share of all costs (including any costs of borrowing) incurred by CRRA as a result of the payment by the Municipality or any other Participating Municipality of less than the full amount owed pursuant to this Agreement or any other Municipal Solid Waste Management Services Agreement.

  • The Municipality represents that it has received all necessary approvals or authorizations by its governing authorities to approve the Project and enter into this Agreement, and that it has obligated the necessary funds to satisfy its Municipal Share of the Project Costs outlined herein.

  • The Municipality represents that it has received all necessary approvals or authorizations by its governing authorities to approve the Project and enter into this Agreement, and that it has obligated the necessary funds to satisfy its Municipal Share of the Project Costs set out herein.

  • These three formulas relate to: • State Aid to Education• Municipal Revenue Sharing• Municipal Share of County TaxesThe following is the process used to derive each of these tax shifts.State Aid to Education Tax Shift.

  • If the Parties elect to move forward with full development of the Project as contemplated in this Agreement, the Municipal Share will be invoiced by MaineDOT in accordance with the payment schedule outlined in the Municipal-State Agreement described herein.

  • County shall notify (“Notification”) each Municipality in writing no later than January 31 in calendar years 2017, 2018, 2019, 2020, and 2021 the total amount of the Increased Municipal Share Back” received by such Municipality during the previous calendar year.

  • Municipal Share Service Energy Authority ( N.J.S.A. 40A:66-22) For purposes of the above language, the terms “government money market mutual fund” and “local government investment pool” shall have the following definitions: GOVERNMENT MONEY MARKET MUTUAL FUND.

  • The increased County Road and Bridge Mill Levy is projected to generate approximately $10 million in excess of the 2015 Share Back (the “Increased Municipal Share Back”) over five years commencing with calendar year 2016 for CDOT’s use on the Project.

  • These three formulas relate to: • State Aid to Education• Municipal Revenue Sharing• Municipal Share of County Taxes The following is the process used to derive each of these tax shifts.


More Definitions of Municipal Share

Municipal Share means that portion of the cost of the Park Development to be reimbursed by the Municipality as identified in Section 2.3 (c) of this Agreement, the costs of which are estimated in Schedule A to this Agreement;
Sample 1
Municipal Share means the “non‐growth” and “municipal assist” portions of the costs of a DCC Construction Work, set out as the “Estimated Municipal Share” in Schedule “B” to this Agreement.
Sample 1
Municipal Share means one and thirty-five one-hundredths percent of the taxable gross receipts as defined in the Gross Receipts and Compensating Tax Act reported annually for each municipality to the taxation and revenue department during a twelve-month period ending June 30;
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Related to Municipal Share

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.