Common use of Reimbursement Allocations Clause in Contracts

Reimbursement Allocations. The Lessee will not make any Reimbursement Allocation with the Proceeds of the Lease for Capital Expenditures that were paid prior to sixty (60) days before the date on which the Lessee adopted a Reimbursement Resolution authorizing the issuance of debt to finance the Project, except that expenditures for Costs of Issuance paid before the date of the Lease, certain preliminary Capital Expenditures not in excess of twenty percent (20%) of the Lease Amount, and an amount of Capital Expenditures not in excess of the lesser of five percent (5%) of the Lease or $100,000 may receive a Reimbursement Allocation even if the expenditure was paid more than sixty (60) days prior to the date of adoption of the Reimbursement Resolution described herein and even if the allocation would not otherwise qualify as a Reimbursement Allocation.

Reimbursement Allocations. The Lessee Participant will not make any Reimbursement Allocation with the Proceeds of the Lease Financing Agreement for Capital Expenditures that were paid prior to sixty (60) days before the date on which the Lessee Participant adopted a Reimbursement Resolution authorizing the issuance of debt to finance the Project, except that expenditures for Costs of Issuance paid before the date of the LeaseFinancing Agreement, certain preliminary Capital Expenditures not in excess of twenty percent (20%) of the Lease Financing Agreement Amount, and an amount of Capital Expenditures not in excess of the lesser of five percent (5%) of the Lease Financing Agreement or $100,000 may receive a Reimbursement Allocation even if the expenditure was paid more than sixty (60) days prior to the date of adoption of the Reimbursement Resolution described herein and even if the allocation would not otherwise qualify as a Reimbursement Allocation.