Common use of Investment Credit Clause in Contracts

Investment Credit. The Board agrees that any investment tax credit with respect to the Project or any part thereof shall be made available to the Company, and the Board will fully cooperate with the Company in any effort by the Company to avail itself of any such investment tax credit, but neither the Board nor the Trustee shall have any responsibility or liability for the Company's failure to receive any such investment tax credit. The Board agrees to cause the Trustee to cooperate in making any investment tax credit available to the Company.

Appears in 4 contracts

Samples: Lease Agreement (Meadwestvaco Corp), Lease Agreement (Mead Corp), Lease Agreement (Mead Corp)

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Investment Credit. The Board agrees that any investment ------------------ tax credit with respect to the Project or any part thereof shall be made available to the Company, and the Board will fully cooperate with the Company in any effort by the Company to avail itself of any such investment tax credit, but neither the Board nor the Trustee shall have any responsibility or liability for the Company's failure to receive any such investment tax credit. The Board agrees to cause the Trustee to cooperate in making any investment tax credit available to the Company.

Appears in 1 contract

Samples: Lease Agreement (Mead Corp)

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