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a. the Land Disposition Proceeds until payment thereof has been received by the County <br /> pursuant to either paragraph (a) or (b) of Section 4.1 hereof, <br /> <br />b. the PRP Proceeds until payment thereof has been received by the County pursuant to <br /> either paragraph (c) or (d) of Section 4.1 hereof, and <br /> <br />Eligible Project Costs paid with moneys disbursed out of funds of the County <br />pursuant to this Agreement minus: (i) the Land Disposition Proceeds after payment <br />thereof has been received by the County pursuant to either paragraph (a) or (b) of <br />Section 4.1 hereof; (ii) the PRP Proceeds after payment thereof has been received by <br />the County pursuant to either paragraph (c) or (d) of Section 4.1 'hereof; and (iii) the <br />Subsidized Share of Eligible Project Costs. <br /> <br />(m) "Land DispOsition Proceeds" means the amount produced by the Land DispOsition Formula <br /> in excess of the amount of any moneys from any other source used to pay the purchase price <br /> of the:Project Site when acquired by purchase, or the value thereof when appropriated as <br /> found by the jury. <br /> <br />(n) "Land Disposition Formula" means the amount equal to the greater of: <br /> <br />all rentals, revenue and other income, charges and money received by the LPE, from the <br />lease, sale or other disposition of the Project Site; or <br /> <br />if the purchase price of the Project Site when acquired by purchase, or the value thereof <br />when appropriated as found by the jury is greater than the appraised fair market value <br />as set forth on the Term Sheet (the write-down scenario), the appraised fair market value <br />as set forth on the Term Sheet; or <br /> <br />if the purchase price of the Project Site when acquired by purchase, 'or the value thereof <br />when appropriated as found by the jury is less than such appraised fair market value <br />(the write-up scenario), the gre/~ter of: <br /> <br />a. eighty percent (80%) of the appraised fair market value as set forth on the Term <br /> Sheet, or <br /> <br />b. the purchase price of the Project Site when acquired by purchase, or the value <br /> thereof when appropriated as found by the jury; or <br /> <br />the proceeds from the sale at foreclosure of the County's mortgage lien interest in the <br />Project Site Obtained by the County pursuant to Section 4.1 hereof. <br /> <br />(o) "PRP Proceeds" means the amount equal to all moneys recovered by the LPE <br /> Potentially Responsible Parties. <br /> <br />(p) "PRP' means Potentially Responsible Parties as defined in (cite Super Fund definition). <br /> <br />from <br /> <br />(q) "Subsidized. Share of Eligible Project .Costs" means the amount equal to the Total Project <br /> Costs minus the amount produced by the Land Disposition Formula and minus the amourlt <br /> equal to the PRP Proceeds multiplied by the Subsidized Percentage. <br /> <br />B-4 <br /> <br /> <br />