Payback Agreement definition

Payback Agreement means a written conditional agreement entered into by the Town with a landowner, contractor, developer, or any person who constructs any portion of a sewer system such as a sewer line extension, with said construction cost being entirely borne by the landowner, contractor, developer or constructor and after final inspection, said sewer is deeded to the Town for public use. Under such agreements, the Town may agree to refund to the applicant ninety-five percent (95%) of all main extension costs (excepting there from the cost of that portion of the extension classified as direct benefit to the applicant’s/developer’s project), with said refund to be collected from property owners or developers of properties adjacent to and whichconnect to said sewer line extension for a period of time up to but not exceeding ten (10 years from the effective date of the agreement.
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Payback Agreement means an agreement between a developer and Farmington City governing the payment by the city for project improvements that are extended, expanded or improved beyond what is necessary for the development.
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Payback Agreement means contracts authorized by Chapters 35.72 and 35.91 RCW and this chapter, as presently adopted or as may be subsequently amended, for transportation or utility system improvements.
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Examples of Payback Agreement in a sentence

  • For additional questions regarding the Payback Agreement contact: NRSA Payback Service Center Phone: (000) 000-0000 or (000) 000-0000 xxxxxxxxxxxxxxxxx@xxxx.xxx.xxx DO NOT RETURN THE COMPLETED FORM TO THIS ADDRESS.

  • The District may enter into a standard Payback Agreement with a Developer regarding reimbursement by future connections for a portion of the costs incurred for a pipeline extension.

  • However, before we can forward the monies, a Payback Agreement must be established by the party installing the water system.

  • Further details are given in the Payback Agreement and the National Research Service Awards section of the most recent version of the NIH Grants Policy Statement found at: http://grants.nih.gov/grants/policy/policy.htm.

  • Private Ownership Agreement (POA)Upon request and receipt of the current fee, the District will prepare a POA under the Payback Agreement which may enable you to be reimbursed a portion of the cost of the water system.

  • Reimbursement Under POAAfter the new water system is installed, the District will calculate the per foot cost of the water system or the per lot charge of the water system and will forward the preliminary Payback Agreement for the Owner’s/Developer’s review.

  • KIRSCHSTEIN−NRSA POSTDOCTORAL RECIPIENTS WITH A PAYBACK OBLIGATION(1) As specified in the Payback Agreement you signed at the time of award, biomedical or behavioral health-related research, health-related teaching, and/or health-related activities must begin within 2 years of terminating Kirschstein−NRSA support; otherwise, unless an extension of the 2 year service initiation period or a waiver of the obligation is granted, financial payback becomes due.

  • Participants owing balances incurred prior to the effective date of this Policy (for which no Payback Agreement exists) may be given the opportunity to make arrangements for a Payback Agreement with the TDHE within a thirty (30) day period, beginning the first (1st) day of the month following the effective date of this Policy.

  • Please upload a copy of the completed and signed Payback Agreement for this scholar.

  • For the individual's initial 12 months of Kirschstein-NRSA postdoctoral support, a signed, original Payback Agreement Form (PHS 6031) must accompany the Activation Notice.


More Definitions of Payback Agreement

Payback Agreement means the amount payable to the Settlement for receiving assistance under this Policy.
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Related to Payback Agreement

  • Letter Agreement has the meaning set forth in the Recitals.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • PILOT Agreement means the Agreement for Payments in Lieu of Ad Valorem Taxes entered into by and among the Board, the Company, the City and the County.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Severance Agreement means the Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Payment Agreement means a written agreement which provides

  • Termination Agreement has the meaning set forth in the Recitals.

  • TRIPS Agreement means the Agreement on Trade-Related Aspects of Intellectual Property Rights;

  • Assistance Agreement means a for- mal, written agreement between the CDFI Fund and an Awardee which specifies the terms and conditions of assistance under this part;

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Waiver Agreement means an agreement between

  • Secondment Agreement is defined in Section 2.2.

  • Service Agreement means the initial agreement and any amendments or supplements thereto entered into by the Transmission Customer and the Transmission Provider for service under the Tariff. Site:

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Letter of Agreement means a written document that informally resolves a

  • Consent Agreement shall have the meaning set forth in Section 14.2.

  • Restriction Agreement means the agreement setting forth the terms of an Award, and executed by a Grantee as provided in Section 7.1 hereof.