PID Reimbursement Agreement definition

PID Reimbursement Agreement means collectively or as applicable, the following:
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PID Reimbursement Agreement means collectively or as applicable, the Improvement Area #1 Reimbursement Agreement and/or any Future Improvement Area Reimbursement Agreement.
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PID Reimbursement Agreement means that certain PID Reimbursement Agreement, dated [November 7, 2017], between the City and the Developer in which the Developer agrees to fund certain Actual Costs of Authorized Improvements and the City agrees to reimburse the Developer for a portion of such Actual Costs funded by the Developer with interest as permitted by the PID Act.
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Examples of PID Reimbursement Agreement in a sentence

  • Annual Budget for the Repayment of Indebtedness Debt service will be paid on the PID Bonds and PID Reimbursement Agreement Obligation from the collection of the Annual Installments of the Assessments on the Assessed Property.

  • The wealth of the country is one of the most often used country characteristics to predict the innovativeness of a country.

  • Instead, in accordance with the PID Reimbursement Agreement the Developer will construct the Authorized Improvements and the City will reimburse the Developer solely from the net proceeds of the Assessments.

  • According to the Service and Assessment Plan, the Annual Installments shall be collected in an amount sufficient to pay (i) principal and interest on the PID Bonds and PID Reimbursement Agreement Obligation, (ii) to fund the Prepayment Reserve and Delinquency Reserve, and (iii) to cover Administrative Expenses of the PID.

  • The interest rate applicable to the PID Reimbursement Agreement obligation is 6.38 percent per annum and is used to calculate the interest on the Assessments securing the PID Reimbursement Agreement Obligation.

  • In order to receive disbursements from the Kiber Reserve PID Reimbursement Fund for payment of the Kiber Reserve PID Reimbursement Agreement Balance, the Developer shall execute a Certificate for Payment, no more frequently than four (4) times per calendar year, to be delivered to the City for payment in accordance with the provisions of this Agreement.

  • In addition, reimbursement obligations for the PID Reimbursement Agreement (the “PID Reimbursement Agreement Obligation”) in the aggregate principal amount of $1,030,000 are secured by Assessments.

  • Notwithstanding the foregoing, the limitations set forth in Section 15.2.1(i) shall not apply to Seller's obligations pursuant to Section 1.4 and Schedule 7.8 ((S) C.2).

  • Unless otherwise defined, any capitalized terms used herein shall have the meanings ascribed to them in the PID Reimbursement Agreement- Kiber Reserve Public Improvement District between the Developer and the City (the “Reimbursement Agreement”).

  • No other City funds, revenue, taxes, income, or property shall be used even if the Kiber Reserve PID Reimbursement Agreement Balance is not paid in full by the Maturity Date.


More Definitions of PID Reimbursement Agreement

PID Reimbursement Agreement means the “PID Reimbursement Agreement - Fort Worth Public Improvement District No. 17 (Rock Creek Ranch)” approved by the City on , 2017.
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PID Reimbursement Agreement means that certain “PID Reimbursement Agreement – Waterscape,” effective November 14, 2017, by and between the City and the Owner, as the developer of the Authorized Improvements, in which the Owner agrees to construct the Authorized Improvements and to fund certain Actual Costs of the Authorized Improvements and the City agrees to (i) pay directly or reimburse the Owner for Actual Costs of an Authorized Improvement from the proceeds of PID Bonds in accordance with the Act, this SAP and the applicable Indenture, and (ii) reimburse the Owner for Actual Costs of an Authorized Improvement not paid by proceeds of PID Bonds solely from the revenue collected from Assessments, including Annual Installments, not pledged to the payment of PID Bonds.
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PID Reimbursement Agreement means the “PID Reimbursement Agreement - Fort Worth Public Improvement District No. 17 (Rock Creek Ranch)” between the City and the Developer relating to the Bonds, dated as of ___________, 2017, which provides, in part, for the deposit of proceeds from the issuance and sale of the Bonds and the payment of costs of Major Improvements within in the District, the issuance of bonds, the reimbursement of costs to the Developer from the proceeds of the Bonds for funds advanced by the Developer and used to pay costs of Major Improvements and other matters related thereto.
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PID Reimbursement Agreement means that certain PID Reimbursement Agreement – Fort Worth Public Improvement District No. 17 (Rock Creek Ranch) entered into by and between the City and the Developer attached hereto as Exhibit B.
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PID Reimbursement Agreement means the “PID Reimbursement Agreement - Fort Worth Public Improvement District No. 17 (Rock Creek Ranch)” approved by the City on August 15, 2017, as amended by the Roadway Financing Agreement.
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PID Reimbursement Agreement means an agreement by and between the City and Developer by which the Parties establish the terms by which Xxxxxxxxx may obtain reimbursements for Authorized Improvements through the PID Bond Proceeds or Assessments. PID Resolution means the resolution and improvement order adopted by the Council creating the PID pursuant to Section 372.010 of Chapter 372 and approving the advisability of the Authorized Improvements.
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Related to PID Reimbursement Agreement

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Disbursement Agreement means the Master Disbursement Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Bank Facilities Administrative Agent, the Disbursement Agent, the Borrowers and LCR, in substantially the form of Exhibit D-3 hereto, as the same may be amended, supplemented, amended and restated, or otherwise modified in accordance with the terms hereof and thereof.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Payment Agreement means a written agreement which provides

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Workout-Delayed Reimbursement Amount has the meaning set forth in subsection (II)(i) of Section 5.2(a).

  • Cost-reimbursement contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this code, and paid a fee, if any.

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Pricing and Reimbursement Approval means, with respect to a Product, the approval, agreement, determination, or decision of any Governmental Authority establishing the list price or level of reimbursement for such Product, as required in a given country or jurisdiction prior to sale of such Product in such jurisdiction.

  • Reimbursement Amount As defined in Section 2.04.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Enhancement Agreement means any agreement, instrument or document governing the terms of any Series Enhancement or pursuant to which any Series Enhancement is issued or outstanding.

  • Reimbursement Amounts As defined in Section 3.22.

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement dated as of June 30, 2017 by and among each of the Loan Parties party thereto, the Administrative Agent and the Lenders party thereto.

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • 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;

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • Fee Agreement means this Fee in Lieu of Tax Agreement.

  • 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.