Federal Tax Credit. For purposes of this Agreement, Seller (check one box only):
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.