Common use of Institution-Level Report Clause in Contracts

Institution-Level Report. The institution-level report shall be submitted annually through CIIS and may include, but not be limited to, organizational, financial, portfolio and impact information, as well as: (i) Certifications and business activity data related to the Allocatee’s (and any of its Subsidiary Allocatees’) maintenance of its status as a CDE; (ii) With respect to each Equity Investment that the Allocatee designates as a Qualified Equity Investment, a certification that the requirements of IRC § 45D(b)(1)(B) and 26 C.F.R. 1.45D-1(c)(5) are met and that no recapture event within the meaning of IRC § 45D(g) and 26 C.F.R. 1.45D-1(e)(2) has occurred; and (iii) Any other information that the Fund deems appropriate to ensure compliance with this Allocation Agreement and to evaluate the results of the NMTC Program. Unless otherwise provided in guidance issued by the Fund, no later than 180 days after the end of the Allocatee’s fiscal year in which the Allocatee or its Subsidiary Allocatee(s) issues its first Qualified Equity Investment and each fiscal year of the Allocatee thereafter, the Allocatee shall deliver to the Fund the Allocatee’s institution-level report.

Institution-Level Report. The institution-level report shall be submitted annually through CIIS AMIS and may include, but not be limited to, organizational, financial, portfolio and impact information, as well as: (i) Certifications and business activity data related to the Allocatee’s (and any of its Subsidiary Allocatees’) maintenance of its status as a CDE; (ii) With respect to each Equity Investment that the Allocatee designates as a Qualified Equity Investment, a certification that the requirements of IRC § 45D(b)(1)(B) and 26 C.F.R. Part 1.45D-1(c)(5) are met and that no recapture event within the meaning of IRC § 45D(g) and 26 C.F.R. Part 1.45D-1(e)(2) has occurred; and (iii) Any other information that the CDFI Fund deems appropriate to ensure compliance with this Allocation Agreement and to evaluate the results of the NMTC Program. Unless otherwise provided in guidance issued by the CDFI Fund, no later than 180 calendar days after the end of the Allocatee’s fiscal year in which the Allocatee or its Subsidiary Allocatee(s) issues its first Qualified Equity Investment and each fiscal year of the Allocatee thereafter, the Allocatee shall deliver to the CDFI Fund the Allocatee’s institution-level report.

Institution-Level Report. The institution-level report shall be submitted annually through CIIS and may include, but not be limited to, organizational, financial, portfolio and impact information, as well as: (i) Certifications and business activity data related to the Allocatee’s (and any of its Subsidiary Allocatees’) maintenance of its status as a CDE; (ii) With respect to each Equity Investment that the Allocatee designates as a Qualified Equity Investment, a certification that the requirements of IRC § 45D(b)(1)(B) and 26 C.F.R. Part 1.45D-1(c)(5) are met and that no recapture event within the meaning of IRC § 45D(g) and 26 C.F.R. Part 1.45D-1(e)(2) has occurred; and (iii) Any other information that the CDFI Fund deems appropriate to ensure compliance with this Allocation Agreement and to evaluate the results of the NMTC Program. Unless otherwise provided in guidance issued by the CDFI Fund, no later than 180 days after the end of the Allocatee’s fiscal year in which the Allocatee or its Subsidiary Allocatee(s) issues its first Qualified Equity Investment and each fiscal year of the Allocatee thereafter, the Allocatee shall deliver to the CDFI Fund the Allocatee’s institution-level report.

Institution-Level Report. The institution-level report shall be submitted annually through CIIS and may include, but not be limited to, organizational, financial, portfolio and impact information, as well as: (i) Certifications and business activity data related to the Allocatee’s (and any of its Subsidiary Allocatees’) maintenance of its status as a CDE; (ii) With respect to each Equity Investment that the Allocatee designates as a Qualified Equity Investment, a certification that the requirements of IRC § 45D(b)(1)(B45D(b)(l)(B) and 26 C.F.R. 1.45D-1(c)(51.45D-l(c)(5) are met and that no recapture event within the meaning of IRC § 45D(g) and 26 C.F.R. 1.45D-1(e)(21.45D-l(e)(2) has occurred; and (iii) Any other information that the Fund deems appropriate to ensure compliance with this Allocation Agreement and to evaluate the results of the NMTC Program. Unless otherwise provided in guidance issued by the Fund, no later than 180 days after the end of the Allocatee’s fiscal year in which the Allocatee or its Subsidiary Allocatee(s) issues its first Qualified Equity Investment and each fiscal year of the Allocatee thereafter, the Allocatee shall deliver to the Fund the Allocatee’s institution-level report.

Institution-Level Report. The institution-level report shall be submitted annually through CIIS and may include, but not be limited to, organizational, financial, portfolio and impact information, as well as: (i) Certifications and business activity data related to the Allocatee’s (and any of its Subsidiary Allocatees’) maintenance of its status as a CDE; (ii) With respect to each Equity Investment that the Allocatee designates as a Qualified Equity Investment, a certification that the requirements of IRC § 45D(b)(1)(B45D(b)(l)(B) and 26 C.F.R. Part 1.45D-1(c)(5) are met and that no recapture event within the meaning of IRC § 45D(g) and 26 C.F.R. Part 1.45D-1(e)(2) has occurred; and (iii) Any other information that the CDFI Fund deems appropriate to ensure compliance with this Allocation Agreement and to evaluate the results of the NMTC Program. Unless otherwise provided in guidance issued by the CDFI Fund, no later than 180 days after the end of the Allocatee’s fiscal year in which the Allocatee or its Subsidiary Allocatee(s) issues its first Qualified Equity Investment and each fiscal year of the Allocatee thereafter, the Allocatee shall deliver to the CDFI Fund the Allocatee’s institution-level report.

Institution-Level Report. The institution-level le vel report shall be submitted annually through CIIS and may include, but not be limited to, organizational, financial, portfolio and impact information, as well as: (i) Certifications and business activity data related to the Allocatee’s (and any of its Subsidiary Allocatees’) maintenance of its status as a CDE; (ii) With respect to each Equity Investment that the Allocatee designates as a Qualified Equity Investment, a certification that the requirements of IRC § 45D(b)(1)(B) and 26 C.F.R. Part 1.45D-1(c)(5) are met and that no recapture event within the meaning of IRC § 45D(g) and 26 C.F.R. Part 1.45D-1(e)(2) has occurred; and (iii) Any other information that the CDFI Fund deems appropriate to ensure compliance with this Allocation Agreement and to evaluate the results of the NMTC Program. Unless otherwise provided in guidance issued by the CDFI Fund, no later than 180 days after the end of the Allocatee’s fiscal year in which the Allocatee or its Subsidiary Allocatee(s) issues its first Qualified Equity Investment and each fiscal year of the Allocatee thereafter, the Allocatee shall deliver to the CDFI Fund the Allocatee’s institution-level report.

Institution-Level Report. The institution-level report shall be submitted annually through CIIS and may include, but not be limited to, organizational, financial, portfolio and impact information, as well as: (i) Certifications and business activity data related to the Allocatee’s (and any of its Subsidiary Allocatees’) maintenance of its status as a CDE; (ii) With respect to each Equity Investment that the Allocatee designates as a Qualified Equity Investment, a certification that the requirements of IRC § 45D(b)(1)(B) and 26 C.F.R. 1.45D-1(c)(5) are met and that no recapture event within the meaning of IRC § 45D(g) and 26 C.F.R. 1.45D-1(e)(2) has occurred; and (iii) Any other information that the Fund deems appropriate to ensure compliance with this Allocation Agreement and to evaluate the results of the NMTC Program. Unless otherwise provided in guidance issued by the Fund, no later than 180 90 days after the end of the Allocatee’s fiscal year in which the Allocatee or its Subsidiary Allocatee(s) issues its first Qualified Equity Investment and each fiscal year of the Allocatee thereafter, the Allocatee shall deliver to the Fund the Allocatee’s institution-level report.