Common use of Mandatory Repayment – Exit or Closure Clause in Contracts

Mandatory Repayment – Exit or Closure. Pursuant to Indiana Code § 5–28–6–6(4), the Company must repay incentives received in the event of an exit from the State of Indiana or closure of the Project Location prior to the expiration of the Term of the Agreement.

Appears in 24 contracts

Samples: Tax Credit Agreement, Tax Credit Agreement, Tax Credit Agreement

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Mandatory Repayment – Exit or Closure. Pursuant to Indiana Code § 5–28–6–6(4), the Company Grantee must repay incentives received in the event of an exit from the State of Indiana or closure of the Project Location prior to the expiration of the Term of the Agreement.

Appears in 6 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

Mandatory Repayment – Exit or Closure. Pursuant to Indiana Code § 5–28–6–6(4), the Company must repay incentives received in the event of an exit from the State of Indiana or closure of the Project Location prior to the expiration of the Term of the Agreement...

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement

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Mandatory Repayment – Exit or Closure. Pursuant to Indiana Code § 5–28–6–6(45 28 6 6(4), the Company must repay incentives received in the event of an exit from the State of Indiana or closure of the Project Location prior to the expiration of the Term of the Agreement.

Appears in 1 contract

Samples: Tax Credit Agreement

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