Mitigation Payment definition

Mitigation Payment has the meaning given to it in Section 10.3(b).

Mitigation Payment shall have the meaning set forth in Section 11.2(d).

Mitigation Payment has the meaning set forth in Section 6(c)(ii).

Examples of Mitigation Payment in a sentence

• The Workforce Board reservesthe right to reject any or all proposals.

• In the event Applicant fails to pay the Monetary Proportionate Share Mitigation Payment as provided for herein, the School District, at its sole option, may cancel this Agreement and credit the reserved seats to the Concurrency Service Area from which they were reserved.

• If the first option is chosen, the fee paid shall be the fee in effect at the time of plat application and a note shall be placed on the face of the plat that reads, "All fees required by King County Code 14.75, Mitigation Payment System (MPS), have been paid." If the second option is chosen, the fee paid shall be the amount in effect as of the date of building permit application.

• Notwithstanding the foregoing, the Parties further agree that in the event the Applicant does not make the Proportionate Share Mitigation Payment via a Cashier’s Check, or by wire transfer or any other method of payment acceptable to the School Board’s Office of Treasury Management within the established period, as detailed above, the Applicant must within five (5) business days of written notice of demand from the School Board make such payment.

• In the event the Developer fails to make the Proportionate Share Mitigation Payment as provided for herein, the County, in its sole and absolute discretion, may cancel this Agreement and revoke any development permits that have been issued in reliance on this Agreement.

More Definitions of Mitigation Payment

Mitigation Payment means payment to or for the account of District in an amount equal to: (i) $18,391 for each Detached Unit, or (ii) $7,891 for each Attached Unit, subject in each case to the following adjustments. The Mitigation Payment amount shown above shall be increased, as of January 1 of each year commencing January 1, 1997 (each an “Adjustment Date”), by multiplying the applicable dollar amount in effect on such Adjustment Date by the percentage increase in the Index from the later of January 1, 1996, or the date of Index data used in the last adjustment, to date of the Index data most recently available prior to the Adjustment Date. Regardless of any change in the Index, in no event shall such applicable dollar amounts decrease.

Mitigation Payment means an annual payment by a CSRIA VRA Participant to Ecology for mitigation water funded in advance for permits issued under this VRA.

Mitigation Payment. Mitigation Payment means an annual payment by a CSRIA VRA Participant

Mitigation Payment means an amount per Dwelling Unit of $10,660 in 2001 dollars, escalated per the Index effective each March 1, commencing March 1, 2002.

Mitigation Payment is defined in Section 9.05(a).

Mitigation Payment as defined in Section 10.4.

Mitigation Payment means a payment to be made to the School District for each Certificate of Compliance for a Unit within CFD No. 3 as further described in the Finance Agreement. The Mitigation Payment shall be equal to the greater of (i) $5.76 multiplied by the Building Square Footage of the Unit plus the Special Tax A Prepayment or (ii) the then applicable statutory school fees at the time of issuance of a Certificate of Compliance for each Unit plus $0.51 plus the Special Tax B Prepayment (each multiplied by the Building Square Footage of the Unit) plus the Special Tax A Prepayment.