Federal Tax Credit Sample Clauses

Federal Tax Credit. Seller (check one box only):
Federal Tax Credit. Seller represents that, as of the Effective Date, a portion of the Generating Facility qualifies for and Seller will take the Federal Production Tax Credit; provided, however, that Seller may elect a different Federal Tax Credit in the event of a Facility Repower.
Federal Tax Credit. The availability and applicability of the 30% Federal Tax Credit is dependent on Owner’s personal tax status and Contractor makes no guarantee or assurances that Owner will qualify for some or any portion of the potential 30% Federal Tax Credit or any other Federal, state or local tax credit or deduction. Owner is urged to consult with Owner’s own tax counsel or other qualified advisor to determine the availability of any tax credit or benefit. Contractor is in no way providing tax advice to Owner and nothing in this Statement of Work or any proposal or other document delivery by Contractor to Owner shall be treated or relied upon as tax advice. 13.

Related to Federal Tax Credit

  • Tax Credit If an Obligor makes a Tax Payment and the relevant Finance Party determines that:

  • Tax Credits A Creditor Party which receives for its own account a repayment or credit in respect of tax on account of which the Borrowers have made an increased payment under Clause 23.2 shall pay to the Borrowers a sum equal to the proportion of the repayment or credit which that Creditor Party allocates to the amount due from the Borrowers in respect of which the Borrowers made the increased payment, provided that:

  • Tax Unless specified otherwise in the Proclamation of sale, if the sale of this property is subjected to Tax, such Tax will be payable and borne by the Purchaser.

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