MAP OF QUALIFIED INVESTMENT Sample Clauses

MAP OF QUALIFIED INVESTMENT. EXHIBIT 4 DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY The Texas Solar Nova 1 (aka Kent 3 Solar, TX Kent 3, TX Kent 3 Solar, Kent3 Solar Site) project will be located entirely within the Jayton-Xxxxxx School District boundaries. The site will be an approximately 252 MW AC photovoltaic solar power generation facility that would be built on approximately 1,701 acres out of the reinvestment zone (Exhibit 1) of privately owned land in Kent County, Texas. The site is currently located in the southeast portion of the reinvestment zone which is surrounded by County Road 235 to the north and west, County Road 229 to the south, State Highway 1081 to the east and County Road 233 across the center portions of the reinvestment zone in an east to west direction. Currently the site is undeveloped and consists of a mixture of scrub ground cover and desert grasslands. The Texas Solar Nova 1 project will consist of, but not be limited to approximately 785,673 (depends on panel size) solar photovoltaic modules, single axis tracking systems, driven-pile foundations, DC wiring, DC/AC inverters, medium voltage step-up transformers, AC cabling, Operations & Maintenance building and a central substation with protective circuit breakers and switchgear including a high voltage step-up transformer. The legal description of the qualified property is included in Exhibit 2. The map showing the qualified property follows on the next page. This application covers all qualified property in the reinvestment zone and project boundary within Jayton-Xxxxxx ISD. MAP OF QUALIFIED PROPERTY EXHIBIT 5 AGREEMENT SCHEDULE Year of Agreement Date of Appraisal School Year Tax Year Summary Description Limitation Pre-Years 0 January 1, 2019 2019-20 2019 QTP Pre-Year, not part of the QTP 0 January 1, 2020 2020-21 0000 XXX Xxxx Xxxx, XXX begins July 1, 0000 XXX 1 January 1, 2021 2021-22 2021 Limitation Pre-Year, QTP year 1 Limitation Period (10 Years) 1 (QTP 2) January 1, 2022 2022-23 2022 $20 million appraisal limitation QTP year 2, ends December 31, 2022 2 January 1, 2023 2023-24 2023 $20 million appraisal limitation 3 January 1, 2024 2024-25 2024 $20 million appraisal limitation 4 January 1, 2025 2025-26 2025 $20 million appraisal limitation 5 January 1, 2026 2026-27 2026 $20 million appraisal limitation 6 January 1, 2027 2027-28 2027 $20 million appraisal limitation 7 January 1, 2028 2028-29 2028 $20 million appraisal limitation 8 January 1, 2029 2029-30 2029 $20 million appraisal limitation 9 Janua...
Sample 1
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MAP OF QUALIFIED INVESTMENT. <.. image(A picture containing text, map Description generated with very high confidence) removed ..> EXHIBIT 4 DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY The site under consideration is located at 000 X. Xxxxxx Road, Richardson, TX 75080. The building and adjacent facilities would support the operation of a semiconductor wafer fabrication facility (the "Facility"). The Facility would include a two-story concrete structure to support manufacturing operations. The size is estimated to be 870,000 square feet of space, of which 317,000 net square feet would be cleanroom (fab) space. As an investment, the Facility would be very capital intensive and operate with advanced manufacturing equipment. A multi-story parking garage is also planned to accommodate approximately 800 automobiles, and which would be made available to all TI employees at this location. This parking garage is necessary because the Facility would be built over the existing facility's parking lot. If TI does not construct the new Facility, this parking garage will not be built. Several detached buildings/structures would be constructed to house miscellaneous infrastructure- support equipment including bulk gases, waste treatment, bulk chemicals, and electrical substations. The Facility's major components would include: • Air compressors and dryers • Boilers • Bulk specialty gas and bulk chemical systems • Bulk gas: Oxygen, argon, helium, and hydrogen supply systems • Chillers • Clean rooms • Chemical supply systems • Cooling towers • DI Water production equipment • Electrical infrastructure and distribution • Exhaust scrubbers • Fresh air fans • Gas supply systems • General exhaust fans • Industrial control systems • Nitrogen generation plant • Process cooling water systems • Thermal oxidizers • Vacuum pumps • Waste treatment and collection system The Facility will require numerous types of machinery and equipment, including: • Polishers • Furnaces • Sinters • Implanters • Testers • Ashers • Laser markers • Reticle stackers • Water sorters • Resist coaters • Wet cleanup hoods • Metal sputters • Automated material handling systems The Facility will also require miscellaneous equipment and machinery required for various manufacturing processes, including: • Chemical mechanical planarization process • Anneal process • Density process • Deposition process • Rapid Thermal process • Epitaxial deposition process • Photolithography process • Metrology process MAP OF QUALIFIED PROPERTY <.. image(A ...
Sample 1
MAP OF QUALIFIED INVESTMENT. EXHIBIT 4 DESCRIPTION AND LOCATION OF QUALIFIED PROPERTY The qualified property is expected to consist of approximately 107 wind turbines for a total operating capacity of approximately 280 MW. The final Project capacity and number of turbines will depend on the wind turbine model selected for deployment and the nameplate capacity of each wind turbine. In addition to the wind turbines, electrical connections will be installed to permit the interconnection and transmission of electricity generated by the wind turbines. There will also be located within the project boundary a collector substation, permanent buildings and offices; office equipment and computers; two power performance towers; two permanent meteorological towers; electrical transmission interconnects, cables, towers, and control systems for commercial generation of electricity; security fencing with locking gates; and, security cameras with remote viewing capability. The Project is located north of and adjacent to a wind energy project owned by Old Settler Wind, LLC, another Apex-sponsored company. Applicant’s Project, if constructed will share the gentie line and interconnection facility current used by the Old Settler wind project; the gentie line and interconnection facility are located with the Old Settler wind project boundary. Once constructed, the Project will have contractual rights to use the gentie line and interconnection that are currently part of Old Settler Wind, LLC’s project. All qualified property is located within the reinvestment zone and the project boundary is within Floydada ISD. MAP OF QUALIFIED PROPERTY EXHIBIT 5 AGREEMENT SCHEDULE Year of Agreement Date of Appraisal School Year Tax Year Summary Description Limitation Pre-Years 0 January 1, 2019 2019-20 2019 QTP Pre-Year; Not part of the QTP QTP 1 January 1, 2020 2020-21 2020 Limitation Pre-Year, QTP full year 1 Limitation Period (10 Years) 1 (QTP 2) January 1, 2021 2021-22 2021 QTP year 2, ends December 31, 2021; $30 million appraisal limitation 2 January 1, 2022 2022-23 2022 $30 million appraisal limitation 3 January 1, 2023 2023-24 2023 $30 million appraisal limitation 4 January 1, 2024 2024-25 2024 $30 million appraisal limitation 5 January 1, 2025 2025-26 2025 $30 million appraisal limitation 6 January 1, 2026 2026-27 2026 $30 million appraisal limitation 7 January 1, 2027 2027-28 2027 $30 million appraisal limitation 8 January 1, 2028 2028-29 2028 $30 million appraisal limitation 9 January 1, 2029 2029-30 2029 $30 ...
Sample 1

Related to MAP OF QUALIFIED INVESTMENT

  • LOCATION OF QUALIFIED PROPERTY AND INVESTMENT The Land on which the Qualified Property shall be located and on which the Qualified Investment shall be made is described in EXHIBIT 2, which is attached hereto and incorporated herein by reference for all purposes. The Parties expressly agree that the boundaries of the Land may not be materially changed from its configuration described in EXHIBIT 2 unless amended pursuant to the provisions of Section 10.2 of this Agreement.

  • STATUTORY PENALTY FOR INADEQUATE QUALIFIED INVESTMENT Pursuant to Section 313.0275 of the TEXAS TAX CODE, in the event that the Applicant fails to make $10,000,000 of Qualified Investment, in whole or in part, during the Qualifying Time Period, the Applicant is liable to the State for a penalty. The amount of the penalty is the amount determined by: (i) multiplying the maintenance and operations tax rate of the school district for that tax year that the penalty is due by (ii) the amount obtained after subtracting (a) the Tax Limitation Amount identified in Section 2.4.B from (b) the Market Value of the property identified on the Appraisal District's records for the Tax Year the penalty is due. This penalty shall be paid on or before February 1 of the year following the expiration of the Qualifying Time Period and is subject to the delinquent penalty provisions of Section 33.01 of the TEXAS TAX CODE. The Comptroller may grant a waiver of this penalty in the event of Force Majeure which prevents compliance with this provision.

  • Sponsored Investment Entity and Controlled Foreign Corporation A Financial Institution described in subparagraph B(1) or B(2) of this section having a sponsoring entity that complies with the requirements of subparagraph B(3) of this section.

  • DESCRIPTION OF QUALIFIED PROPERTY The Qualified Property that is subject to the Tax Limitation Amount is described in EXHIBIT 4, which is attached hereto and incorporated herein by reference for all purposes. Property which is not specifically described in EXHIBIT 4 shall not be considered by the District or the Appraisal District to be part of the Applicant’s Qualified Property for purposes of this Agreement, unless by official action the Board of Trustees provides that such other property is a part of the Applicant’s Qualified Property for purposes of this Agreement in compliance with Section 313.027(e) of the TEXAS TAX CODE, the Comptroller’s Rules, and Section 10.2 of this Agreement.

  • Establishment of Qualified Settlement Fund 5.1 No later than five (5) business days after entry of the Preliminary Order, the Escrow Agent shall establish an escrow account. The Settling Parties agree that the escrow account is intended to be, and will be, an interest-bearing Qualified Settlement Fund within the meaning of Treas. Reg. § 1.468B-1. In addition, the Escrow Agent timely shall make such elections as necessary or advisable to carry out the provisions of this Paragraph 5.1, including the “relation-back election” (as defined in Treas. Reg. § 1.468B-1) back to the earliest permitted date. Such elections shall be made in compliance with the procedures and requirements contained in such regulations. It shall be the responsibility of the Escrow Agent to prepare and deliver, in a timely and proper manner, the necessary documentation for signature by all necessary parties, and thereafter to cause the appropriate filing to occur.

  • Funds that Qualify as Exempt Beneficial Owners The following Entities shall be treated as Non-Reporting Finnish Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code.

  • Investment Purpose As of the date hereof, the Buyer is purchasing the Note and the shares of Common Stock issuable upon conversion of or otherwise pursuant to the Note (including, without limitation, such additional shares of Common Stock, if any, as are issuable (i) on account of interest on the Note, (ii) as a result of the events described in Sections 1.3 and 1.4(g) of the Note or (iii) in payment of the Standard Liquidated Damages Amount (as defined in Section 2(f) below) pursuant to this Agreement, such shares of Common Stock being collectively referred to herein as the “Conversion Shares” and, collectively with the Note, the “Securities”) for its own account and not with a present view towards the public sale or distribution thereof, except pursuant to sales registered or exempted from registration under the 1933 Act; provided, however, that by making the representations herein, the Buyer does not agree to hold any of the Securities for any minimum or other specific term and reserves the right to dispose of the Securities at any time in accordance with or pursuant to a registration statement or an exemption under the 1933 Act.

  • Sponsored, Closely Held Investment Vehicle An Estonian Financial Institution satisfying the following requirements:

  • Investment Article 126.

  • Accredited Investor The Purchaser is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

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