Depreciation Deductions and Investment Tax Credit Sample Clauses

Depreciation Deductions and Investment Tax Credit. The parties agree that, as between them, the Company shall be entitled to all depreciation deductions with respect to any depreciable property comprising a part of the Facility and to any investment credit with respect to any part of the Facility.
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Depreciation Deductions and Investment Tax Credit. The Company shall be entitled to all depreciation deductions with respect to any depreciable property in the Project pursuant to Section 167 of the Internal Revenue Code and to any investment credit pursuant to Section 38 of the Internal Revenue Code with respect to any portion of the Project which constitutes "Section 38 Property".
Depreciation Deductions and Investment Tax Credit. 30 Section 8.12 Employment Opportunities; Notice of Jobs 30 Section 8.13 Reserved 31 Section 8.14 Compliance with the Act 31
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