Cash Grant Guidance means the program guidance publication entitled, “Payments for Specific Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009” dated July 2009 (as revised March 2010 and further revised January 2011), and any other guidance (including frequently asked questions and answers), instructions or terms and conditions published or issued by the U.S. Department of Treasury in respect of a Cash Grant or any application therefor and the terms and conditions that the Project Company must agree to in order to receive a Cash Grant.
Cash Grant Guidance means (a) Section 1603 of the American Recovery and Reinvestment Act of 2009, (b) the program guidance released by the United States Treasury Department’s Office of the Fiscal Assistant Secretary and entitled “Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009,” dated July 2009 and revised March 2010 and April 2011, and any revision, update, clarification, addition or supplement thereto or replacement thereof,
Cash Grant Guidance means (a) Section 1603 of the American Recovery and Reinvestment Act of 2009, (b) the program guidance released by the United States Treasury Department’s Office of the Fiscal Assistant Secretary and entitled “Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009,” dated July 2009 and revised March 2010 and April 2011, and any revision, update, clarification, addition or supplement thereto or replacement thereof, (c) the Frequently Asked Questions and Answers and the Frequently Asked Questions and Answers (Begun Construction) released by the United States Treasury Department’s Office of the Fiscal Assistant Secretary, and any revision, update, clarification, addition or supplement thereto or replacement thereof, (d) the terms and conditions captioned “Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009: Terms and Conditions,” issued by the United States Treasury Department, as amended or supplemented, which are signed by an applicant and submitted as part of a Cash Grant Application, (e) the instructions to the Cash Grant Application and (f) any other rules, guidance, regulations, notices, promulgations, announcements, instructions, or terms and conditions released, posted, published or issued by the United States Treasury Department, the IRS or any other Governmental Authority in respect of a Cash Grant.
Examples of Cash Grant Guidance in a sentence
Borrower and the Project meet the standards for applicant and property eligibility set forth in the Cash Grant Guidance.
Borrower has and will continue to make every election that is necessary to claim and apply for the Cash Grant in accordance with the Cash Grant Guidance and applicable law.
The Company shall properly complete and file the Cash Grant application as soon as reasonably possible after the Placed in Service Date (as defined in the Cash Grant Guidance) and shall take all commercially reasonable actions necessary or useful (including, if applicable, enforcement of the applicable provisions of the EPC Contract against Ormat) to ensure receipt of Cash Grant Proceeds in the full amount requested in such Cash Grant application.
The Borrower shall make every election that is necessary to claim and apply for the Cash Grant in accordance with the Cash Grant Guidance and Applicable Law.
The Parties intend that this Agreement (a) constitute a binding written contract for purposes of the Exhibit EE Form of Materials and Equipment Supply Agreement Cash Grant Guidance, and (b) not constitute an option to acquire or sell property for purposes of the Cash Grant Guidance, and shall be interpreted and applied in a manner consistent with the Cash Grant Guidance.
More Definitions of Cash Grant Guidance
Cash Grant Guidance means the guidance issued on July 9, 2009 (as revised March 2010) by the U.S. Department of the Treasury, the Frequently Asked Questions and Answers issued by the U.S. Treasury Department on January 8, 2010 and June 25, 2010 and any clarification, amendment, addition or supplement issued by the U.S. Department of the Treasury or any other Governmental Authority with jurisdiction over the program, each with respect to the Cash Grant program or any successor or replacement program.
Cash Grant Guidance means Section 1603 of the American Recovery and Reinvestment Act of 2009, as amended, and the guidance issued on July 9, 2009 by the Treasury for payments for specified energy property in lieu of Tax credits under the American Recovery and Reinvestment Act of 2009 and revised in March 2010 and April 2011, the Frequently Asked Questions and Answers issued by the U.S. Department of the Treasury on January 8, 2010, and any clarification, revision, addition or supplement thereto issued by the Treasury or any other Governmental Authority.
Cash Grant Guidance means the United States Treasury Department’s program guidance publication entitled “Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009,” dated July 2009, and revised in March 2010 and April 2011, as the same may be amended, and any other guidance, instructions or terms and conditions published or issued by the United States Treasury Department in respect of the Cash Grant or any Cash Grant Application.
Cash Grant Guidance shall include, but not be limited to, the guidance issued by Treasury regarding Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009, dated July 2009, as updated and revised in March 2010 and April 2011; the Frequently Asked Questions and Answers issued by Treasury in January 2010, July 2010, April 2011, June 2011 and December 2011; the terms and conditions to which an applicant must agree in order to receive a Treasury Cash Grant; and any other guidance (including any clarification, addition or supplement to any of the foregoing documents) published or issued by the Treasury or any other Governmental Authority related to the Cash Grant.
Cash Grant Guidance means the program guidance publication entitled “Payments for Specific Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009” dated July 2009 (as revised March 2010 and further revised April 2011), and any other guidance (including frequently asked questions and answers), instructions or terms and conditions published or issued by the Treasury in respect of a Cash Grant or any application therefor and the terms and conditions that the Company must agree to in order to receive a Cash Grant. Portions of this Exhibit, indicated by the xxxx “[***],” were omitted and have been filed separately with the Secretary of the Commission pursuant to the Registrant’s application requesting confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934.
Cash Grant Guidance means (a) Section 1603 of the American Recovery and Reinvestment Act of 2009, (b) the program guidance released by the United States Treasury Department’s Office of the Fiscal Assistant Secretary and entitled “Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009,” dated July 2009 and revised March 2010 and April 2011, and any revision, update, clarification, addition or supplement thereto or replacement thereof,(c) the Frequently Asked Questions and Answers and the Frequently Asked Questions and Answers (Begun Construction) released by the United States Treasury Department’s Office of the Fiscal Assistant Secretary, and any revision, update, clarification, addition or supplement thereto or replacement thereof, (d) the terms and conditions captioned “Payments for Specified Energy Property in Lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009: Terms and Conditions,” issued by the United States Treasury Department, as amended or supplemented, which are signed by an applicant and submitted as part of a Cash Grant Application, (e) the instructions to the Cash Grant Application and (f) any other rules, guidance, regulations, notices, promulgations, announcements, instructions, or terms and conditions released, posted, published or issued by the United States Treasury Department, the IRS or any other Governmental Authority in respect of a Cash Grant.
Cash Grant Guidance means the guidance issued on July 9, 2009 (as revised in March 2010 and April 2011), by the U.S. Department of the Treasury for payments for specified energy property in lieu of tax credits under the American Recovery and Reinvestment Act of 2009, the “Frequently Asked Questions” and “Frequently Asked Questions Regarding Commencement of Construction” published by the U.S. Department of Treasury, and any clarification, amendment, addition or supplement thereto, or any other guidance or similar materials, issued by the U.S. Department of Treasury or any other Governmental Authority.