Cost Segregation Report definition

Cost Segregation Report means (A) a report prepared by an Accounting Firm that segregates the components comprising the Project into their respective tax depreciation class lives, and, to the extent the Project is not then fully completed, means (B) a draft report containing, with respect to such components, (i) a statement as to (x) amounts paid as of the date of the report and (y) known, non-contingent liabilities that have been expended or incurred as of the date of the report; and (ii) an estimate of contingent liabilities that have not yet been expended or incurred, but that are reasonably likely to be expended or incurred after the date of the report, in each case, segregated into their respective tax depreciation class lives.

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Cost Segregation Report means the final study of the Cost Segregation Consultant identifying the cost categories and expended amounts of Qualifying Costs for the Project, providing an itemization of Qualifying Costs and describing the methodology used in determining categories and amounts of Qualifying Costs, and prepared in a manner reasonably acceptable to Lender and consistent with the Cash Grant Guidance and applicable law.

Cost Segregation Report has the meaning provided in the Contribution Agreement.

Examples of Cost Segregation Report in a sentence

The Preliminary Cost Segregation Report shall estimate the Cash Grant for the Project to be at least Ten Million Dollars ($10,000,000).
Title to each New System and to any related New BOF (to the extent the Cost Segregation Report reflects that such New BOF is part of the “fuel cell power plant” of such New System within the meaning of Section 48(c)(1)(C) of the Code) shall pass to Buyer upon the Purchase Date of such New System, and such title shall be good and marketable and free of all Liens, except for Permitted Liens.
The aggregate principal amount of the Initial Loan shall not exceed ninety percent (90%) of thirty percent (30%) of the Qualifying Costs incurred (within the meaning of the Cash Grant Guidance) through the Financial Closing Date, as certified by Borrower in its certificate delivered pursuant to clause (w) above and as demonstrated by the Preliminary Cost Segregation Report (as defined in clause (z) below).
In addition, all detailed cost information including, but not limited to, cost and profit margins provided to the Cost Segregation Firm by Contractor supporting the Cost Segregation Report will not be disclosed to Owner or other third parties and will be held by the Cost Segregation Firm in confidence.
The final Cost Segregation Report shall estimate the Cash Grant for the Project to be at least Ten Million Dollars ($10,000,000).

More Definitions of Cost Segregation Report

Cost Segregation Report means the report prepared by Marshall & Stevens, Incorporated, dated as of September 13, 2024, for the Facility showing the tax basis that the Project Company has in its assets allocated among the various assets for cost recovery purposes and delivered to the Buyer by the Partner Counterparty prior to the Effective Date.

Cost Segregation Report means the report prepared by ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇, Incorporated, dated as of September 13, 2024, for the Facility showing the tax basis that the Project Company has in its assets allocated among the various assets for cost recovery purposes and delivered to the Buyer by the Partner Counterparty prior to the Effective Date.

Cost Segregation Report means a report detailing the cost of each item of property in the Project, dated on or about the date of the Cash Grant Application.

Cost Segregation Report means the Cost Segregation Report prepared by the Cost Segregation Consultant, as updated and revised from time to time pursuant to Section 5.23.

Cost Segregation Report means a report by the Cost Segregation Consultant that addresses the classification of the components of the Project for depreciation and ITC purposes and allocates the cost of the Project among such assets for depreciation and ITC purposes.

Cost Segregation Report. The report of the Cost Segregation Consultant delivered to the Tax Equity Investors pursuant to Section 5.3(aa) of the ECCA.

Cost Segregation Report means the report prepared by the Cost Segregation Firm that sets forth an allocation of the cost basis of property relating to the applicable Phase of the PV Power Plant in accordance with the general rules for determining the basis of property for federal income tax purposes. The Cost Segregation Report shall include, without limitation, an allocation of the cost basis of property relating to the Phase without regard to any amounts paid or incurred by Owner other than the Contract Price.