Annual Tax Credit Reporting Requirements. Borrower will submit to Funding Lender, each year at the time of annual submission of Xxxxxxxx’s financial analysis of operations, a copy of the following sections of Borrower’s federal tax return, as applicable: Internal Revenue Forms 1065, 8586, 8609 and Form 8609-A, which must reflect the total Tax Credits allocated to the Mortgaged Property and the Tax Credits claimed for the Mortgaged Property in the preceding year.
Appears in 3 contracts
Samples: Continuing Covenant Agreement, Continuing Covenant Agreement, Continuing Covenant Agreement
Annual Tax Credit Reporting Requirements. Borrower will submit to Funding Lender, each year at the time of annual submission of XxxxxxxxBorrower’s financial analysis of operations, a copy of the following sections of Borrower’s federal tax return, as applicable: Internal Revenue Forms 1065, 8586, 8609 and Form 8609-, Schedule A, which must reflect the total Tax Credits allocated to the Mortgaged Property and the Tax Credits claimed for the Mortgaged Property in the preceding year.
Appears in 3 contracts
Samples: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement
Annual Tax Credit Reporting Requirements. Borrower will submit to Funding Lender, each year at the time of annual submission of XxxxxxxxBorrower’s financial analysis of operations, a copy of the following sections of Borrower’s federal tax return, as applicable: Internal Revenue Forms 1065, 8586, 8609 and Form 8609-, Schedule A, which must reflect the total Tax Credits allocated to the Mortgaged Property and the Tax Credits claimed for the Mortgaged Property in the preceding year.
Appears in 1 contract
Samples: Continuing Covenant Agreement
