Economic Incentive Sample Clauses

Economic Incentive. (a) Subject to the terms and conditions contained in this Agreement and subject to the Owner’s compliance with this Agreement, the City shall pay the Owner a Chapter 380 Reimbursement equal to the amount of increase Added Taxable Value up to $5,000 (the “Reimbursement”). The reimbursement (incentive payment) shall be paid in the tax year following the tax year in which a certificate of occupancy is issued for the Improvements; provided that (1) a minimum of $5,000 in Added Taxable Value has been added to the Property; (2) Owner is in compliance with Section 1; (3) the Owner has certified in writing on the form provided by the City that the Owner is in compliance with the terms and conditions of this Agreement; and (4) the owner has provided the city the following documents for reimbursement:
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Economic Incentive. (a). Subject to the terms and conditions contained in this Agreement and subject to the Company’s compliance with this Agreement, the City shall pay the Company a Chapter 380 Reimbursement equal to the amount of increase in Added Taxable Value up to $10,000 (the “Reimbursement”). The Reimbursement shall be paid the tax year following the year in which a certificate of occupancy is issued for the Improvements; provided that: (1) an auto repair business is operating on the Property; (2) a minimum of $10,000 of Added Taxable Value has been added to the Property; (3) the Company is in compliance with Section 1; (4) and the Company has certified in writing on the form provided by the City that the Company is in compliance with the terms and conditions of this Agreement; and (5) the Company has provided the city the following documents for reimbursement:
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Economic Incentive. Subject to the terms and conditions contained in this Agreement and subject to the Company’s compliance with this Agreement, the City shall pay the Company a Chapter 380 Grant an the amount equal to one dollar for every tax dollar generated as a direct result of the installation of the Improvements on the Property up to a maximum of Ten Thousand and 00/100 Dollars ($10,000.00) (the “Grant”). The Grant shall be paid within forty- five (45) days after completion and issuance of a certificate of occupancy for the Improvements and provision of the following documents; provided the Business is operating on the Property; the Company is in compliance with Section 1; and the Company has certified in writing on the form provided by the City that the Company is in compliance with the terms and conditions of this Agreement:
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Economic Incentive. If the Co-op meets the annual eligibility criteria, then it shall receive an annual performance grant from the EDA in the following amounts: An amount equal to 100 percent of the local (1 percentage point) of the sales tax revenue generated at the Fredericksburg Store the first five years of its operation (Years 1-5); and An amount equal to 50 percent of the local (1 percentage point) sales tax revenue generated at the Fredericksburg Store the second five years of its operations (Years 6-10).
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Economic Incentive. Intentionally Omitted.
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Related to Economic Incentive

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Physician Incentive Plans In the event Provider participates in a physician incentive plan (“PIP”) under the Agreement, Provider agrees that such PIPs must comply with 42 CFR 417.479, 42 CFR 438.3, 42 CFR 422.208, and 42 CFR 422.210, as may be amended from time to time. Neither United nor Provider may make a specific payment directly or indirectly under a PIP to a physician or physician group as an inducement to reduce or limit Medically Necessary services furnished to an individual Covered Person. PIPs must not contain provisions that provide incentives, monetary or otherwise, for the withholding of services that meet the definition of Medical Necessity.

  • Wellness Incentive Employees participating in the State’s medical plan and who meet the wellness criteria established by the State, in consultation with the Union, shall receive a reduction in medical insurance co-share payments up to a maximum of $500 per year. The earned reductions in medical insurance co-share payments shall be awarded to active employees in FY 2009 or the fiscal year following the employee’s participation in the wellness activities. The Wellness Incentive program will integrate preventative and wellness behaviors into the medical plan. Examples of possible activities include completion of the Health Assessment, obtaining a primary care physician, wellness coaching programs, preventive screenings, non-smoker or completion of smoking cessation program, and/or participation in a program that measures key points in assessing an individual’s overall health.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • Health Promotion Incentives The Joint Labor-Management Committee on Health Plans shall develop a program which provides incentives for employees who participate in a health promotion program. The health promotion program shall emphasize the adoption and maintenance of more healthy lifestyle behaviors and shall encourage wiser usage of the health care system.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Education Incentive Pay An employee shall be entitled to receive educational incentive pay as follows:

  • Attendance Incentive Program In January of the year following any year in which a minimum of sixty (60) days of leave for illness or injury is accrued, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one (1) day of monetary compensation of the employee for each four (4) full days of accrued leave for illness or injury in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four (4) days for every one (1) day of monetary compensation; provided, however, no employee shall receive compensation under this section for any portion of leave for illness or injury accumulated at a rate in excess of one (1) day per month. At the time of separation from school district employment due to retirement or death an eligible employee or the employee's estate shall receive remuneration at a rate equal to one (1) day of current monetary compensation of the employee for each four (4) full days accrued leave for illness or injury. The provisions of this section shall be administered in accordance with state law and applicable state rules and regulations. Should the legislature revoke any benefits granted under this section, no affected employee shall be entitled thereafter to receive such benefits as matter of contractual right.

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