Common use of Ownership of Tax Attributes Clause in Contracts

Ownership of Tax Attributes. The PPA does not provide for Company to receive any tax credits or similar tax incentives that may arise as a result of the operation of the Renewable Resource (“Tax Attributes”). However, in the event Company receives any Tax Attributes under the PPA, Company shall be the owner of such Tax Attributes and shall be entitled to transfer such Tax Attributes, if any, to any person.

Ownership of Tax Attributes. The PPA does not provide for Company to receive any tax pro credits or similar tax incentives that may arise as a result of the operation of the Renewable resu Resource (“Tax Attributes”). However, in the event Company receives any Tax Attributes under the PPA, Company shall be the owner of such Tax Attributes and shall be entitled to transfer such Tax Attributes, if any, to any person.