Common use of Tax Credits and Other Incentives Clause in Contracts

Tax Credits and Other Incentives. The PERFORMING PARTY shall notify the TCEQ, in its request for reimbursement, of any financial incentive received by the PERFORMING PARTY which was not disclosed in the grant application, if that incentive will offset the cost of the proposed project, including tax credits or deductions, or other grants, or any other public financial assistance, provided such grant or other public financial assistance is paid to the PERFORMING PARTY for the effort identified in the Scope of Work under this Contract. The TCEQ, in reimbursing the PERFORMING PARTY, may reduce the amount of authorized incremental costs eligible for reimbursement, by the value of any additional financial incentive received by the PERFORMING PARTY, without an Amendment to this Contract.

Tax Credits and Other Incentives. The PERFORMING PARTY shall notify the TCEQ, in its request for reimbursement, of any financial incentive received by the PERFORMING PARTY which was not disclosed included in the grant applicationApproved Grant Budget, if that incentive will offset the cost of the proposed project, including tax credits or deductions, or other grants, or any other public financial assistance, provided such grant or other public financial assistance is paid to the PERFORMING PARTY for the effort identified in the Scope of Work under this ContractAgreement. The TCEQ, in reimbursing the PERFORMING PARTY, may reduce the amount of authorized incremental costs eligible for reimbursement, by the value of any additional financial incentive received by the PERFORMING PARTY, without an a Written Amendment to this Contract.

Tax Credits and Other Incentives. The PERFORMING PARTY shall notify the TCEQ, in its request for reimbursement, of any financial incentive received by the PERFORMING PARTY which was not disclosed included in the grant applicationApproved Grant Budget, if that incentive will offset the cost of the proposed project, including tax credits or deductions, or other grants, or any other public financial assistance, provided such grant or other public financial assistance is paid to the PERFORMING PARTY for the effort identified in the Scope of Work under this Contract. The TCEQ, in reimbursing the PERFORMING PARTY, may reduce the amount of authorized incremental costs eligible for reimbursement, by the value of any additional financial incentive received by the PERFORMING PARTY, without an a Written Amendment to this Contract.