Common use of Xxxxxx and/or Modification of Noncompliance Clause in Contracts

Xxxxxx and/or Modification of Noncompliance. Pursuant to Indiana Code § 5-28-28-8, and at the sole discretion of the IEDC, the IEDC may waive or modify the recapture of incentives awarded under the Agreement to the Company if the IEDC determines that the Company failed to satisfy the requirements for receiving the credit because of circumstances beyond the Company’s control, including:

Appears in 5 contracts

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

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Xxxxxx and/or Modification of Noncompliance. Pursuant to Indiana Code § 5-28-28-8, and at the sole discretion of the IEDC, the IEDC may waive or modify the recapture of incentives awarded under the Agreement to the Company Grantee if the IEDC determines that the Company Grantee failed to satisfy the requirements for receiving the credit grant funds because of circumstances beyond the CompanyGrantee’s control, including:

Appears in 1 contract

Samples: Grant Agreement

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