Common use of DESCRIPTION OF QUALIFIED INVESTMENT AND QUALIFIED PROPERTY Clause in Contracts

DESCRIPTION OF QUALIFIED INVESTMENT AND QUALIFIED PROPERTY. The Qualified Investment and/or Qualified Property that is subject to the Tax Limitation Amount is described in EXHIBIT 3, which is attached hereto and incorporated herein by reference for all purposes (the “Applicant’s Qualified Investment”). The Applicant’s Qualified Investment shall be that property, described in EXHIBIT 3, which is placed in service under the terms of the Application, during the Qualifying Time Period described in both Section 1.2, above, and the definition of Qualifying Time Period set forth in Section 1.3, above. The Applicant’s Qualified Property shall be all property, described in EXHIBIT 3, including, but not limited to, the Applicant’s Qualified Investment, together with the Land described in EXHIBIT 2 which: (1) is owned or leased by the Applicant; (2) is first placed in service after the Completed Application Date established by the Comptroller; and (3) is used in connection with the activities described in the Application. Property which is not specifically described in EXHIBIT 3 shall not be considered by the District or the Appraisal District to be part of the Applicant’s Qualified Investment or the Applicant’s Qualified Property for purposes of this Agreement, unless pursuant to Texas Tax Code § 313.027(e) and Section 8.4 of this Agreement, the Board of Trustees, by official action, provides that such other property is a part of the Applicant’s Qualified Investment for purposes of this Agreement. Property owned by the Applicant which is not described on EXHIBIT 3 may not be considered to be Qualified Property unless the Applicant:

DESCRIPTION OF QUALIFIED INVESTMENT AND QUALIFIED PROPERTY. The Qualified Investment and/or Qualified Property that is subject to the Tax Limitation Amount is described in EXHIBIT 3, which is attached hereto and incorporated herein by reference for all purposes (the “Applicant’s Qualified Investment”). The Applicant’s Qualified Investment shall be that property, described in EXHIBIT 3, 3 which is placed in service under the terms of the Application, during the Qualifying Time Period described in both Section 1.2, above, above and the definition of Qualifying Time Period set forth in Section 1.3, above. The Applicant’s Qualified Property shall be all property, described in EXHIBIT 3, including, but not limited to, to the Applicant’s Qualified Investment, together with the Land land described in EXHIBIT 2 which: (1) is owned or leased by the Applicant; (2) is was first placed in service after December 11, 2013, the Completed completed Application Date date established by the Comptroller; and (3) is used in connection with the activities described in the Application. Property which is not specifically described in EXHIBIT 3 shall not be considered by the District or the Appraisal District to be part of the Applicant’s Applicant ‘s Qualified Investment or the Applicant’s Qualified Property for purposes of this Agreement, unless pursuant to Texas Tax Code § 313.027(e) and Section 8.4 8.3 of this Agreement, the Board of Trustees, by official action, provides that such other property is a part of the Applicant’s Qualified Investment for purposes of this Agreement. Property owned by the Applicant which is not described on EXHIBIT 3 may not be considered to be Qualified Property unless the Applicant:

DESCRIPTION OF QUALIFIED INVESTMENT AND QUALIFIED PROPERTY. The Qualified Investment and/or Qualified Property that is subject to the Tax Limitation Amount is described in EXHIBIT 3, which is attached hereto and incorporated herein by reference for all purposes (the “Applicant’s Qualified Investment”). The Applicant’s Qualified Investment shall be that property, described in EXHIBIT 3, 3 which is placed in service under the terms of the Application, during the Qualifying Time Period described in both Section 1.2, 1.2 above, and the definition of Qualifying Time Period set forth in Section 1.3, above. The Applicant’s Qualified Property shall be all property, described in EXHIBIT 3, including, but not limited to, to the Applicant’s Qualified Investment, together with the Land land described in EXHIBIT 2 which: (1) is owned or leased by the Applicant; (2) is was first placed in service after July 2, 2013, the Completed completed Application Date date established by the Comptroller; and (3) is used in connection with the activities described in the Application. Property which is not specifically described in EXHIBIT 3 shall not be considered by the District or the Appraisal District to be part of the Applicant’s Qualified Investment or the Applicant’s Qualified Property for purposes of this Agreement, unless pursuant to Texas Tax Code § 313.027(e) and Section 8.4 8.3 of this Agreement, the Board of Trustees, by official action, provides that such other property is a part of the Applicant’s Qualified Investment for purposes of this Agreement. Property owned by the Applicant which is not described on EXHIBIT 3 may not be considered to be Qualified Property unless the Applicant:

DESCRIPTION OF QUALIFIED INVESTMENT AND QUALIFIED PROPERTY. The Qualified Investment and/or Qualified Property that is subject to the Tax Limitation Amount is described in EXHIBIT 3, which is attached hereto and incorporated herein by reference for all purposes (the “Applicant’s Qualified Investment”). The Applicant’s Qualified Investment shall be that property, described in EXHIBIT 3, which is placed in service under the terms of the Application, during the Qualifying Time Period described in both Section 1.2, above, and the definition of Qualifying Time Period set forth in Section 1.3, above. The Applicant’s Qualified Property shall be all property, described in EXHIBIT 3, including, but not limited to, the Applicant’s Qualified Investment, together with the Land land described in EXHIBIT 2 which: (1) is owned or leased by the Applicant; (2) is was first placed in service after August 1, 2012, the Completed completed Application Date date established by the Comptroller; and (3) is used in connection with the activities described in the Application. Property which is not specifically described in EXHIBIT 3 shall not be considered by the District or the Appraisal District to be part of the Applicant’s Qualified Investment or the Applicant’s Qualified Property for purposes of this Agreement, unless pursuant to Texas Tax Code § 313.027(e) and Section 8.4 8.3 of this Agreement, the Board of Trustees, by official action, provides that such other property is a part of the Applicant’s Qualified Investment for purposes of this Agreement. Property owned by the Applicant which is not described on EXHIBIT 3 may not be considered to be Qualified Property unless the Applicant: