Infrastructure Credit definition

Infrastructure Credit means the annual infrastructure credit provided to the Company pursuant to the MCIP Act and Section 4.1(c) hereof, with respect to the Infrastructure.
Infrastructure Credit means the credit provided to the Sponsor pursuant to Section 12-44-70 of the Act or Section 4-1-175 of the MCIP Act and Section 5.1 of this Fee Agreement, with respect to the Infrastructure. Infrastructure Credits are to be used for the payment of Infrastructure constituting real property, improvements and infrastructure before any use for the payment of Infrastructure constituting personal property, notwithstanding any presumptions to the contrary in the MCIP Act or otherwise.
Infrastructure Credit means an annual credit against the Company’s annual FILOT liability to reimburse the County for Infrastructure expenses.

Examples of Infrastructure Credit in a sentence

  • If the taxpayer sells or otherwise disposes of a tangible asset that was paid for or accrued after December 31, 2007, and whose cost was included in the base investment, the taxpayer must report recapture equal to 25 percent of the gross proceeds or benefit from the sale or disposition, adjusted by the apportioned gain or loss.Follow the worksheet below to calculate the Film Infrastructure Credit recapture amount.

  • The global C influx, responsible for co-deposition, was calculated to 6x1021 C/s [20].

  • Film Infrastructure Credit amount from Investment Expenditure Certificate (original assignment) or creditamount from the immediately prior in time assignment form (reassignment) 10.

  • If the taxpayer sells or otherwise disposes of a tangible asset that was paid for or accrued after December 31, 2007, and whose cost was included in the base investment, the taxpayer must report recapture equalRecapture of Film Infrastructure Credit Worksheet The following calculation applies to all eligible depreciable tangible assets located in Michigan that were acquired in a tax year beginning after Dec.

  • Like any other land-locked country, Afghanistan faces high transport costs and long delivery delays.


More Definitions of Infrastructure Credit

Infrastructure Credit means for the relevant trunk infrastructure network an equivalent demand credited by the Local Government to a Developer that offsets expenditure by the Developer on trunk infrastructure (including the dedication of land) against infrastructure contributions payable by the Developer consequent to an approval of a development application.
Infrastructure Credit means an “infrastructure improvement creditas defined in the Act. “Investment Commitment” shall mean the investment in taxable real and personal property at the
Infrastructure Credit or “Credit” shall mean the Special Source Revenue Credit in the amount set forth in Section 3.02 hereof calculated and applied against the Company’s Net Fee Payments as authorized by the Act to reimburse the Company for a portion of the Cost of the Infrastructure.
Infrastructure Credit means the credit against the Company's fee in lieu of tax payments, to reimburse the Company for the Cost of the Infrastructure, in the amounts set forth in Section 3.03 hereof.
Infrastructure Credit means the credit granted by the County to the Company against the Company’s Fee Payments for Qualifying Infrastructure Improvements made by the Company in connection with the Project, pursuant to Section 4.2 hereof.
Infrastructure Credit means the credit provided to the Company pursuant to Section 12-44-70 of the Act and Section 5.02 of this Fee Agreement, with respect to the Infrastructure. Infrastructure Credits are to be used for the payment of Infrastructure constituting real property before any use for the payment of Infrastructure constituting personal property, notwithstanding any presumptions to the contrary in the Multi-County Park Act or otherwise.
Infrastructure Credit means the credit against the Company's fee in lieu of tax payments attributable to the Project, to reimburse the Company for some of the Cost of the Infrastructure, in the amounts set forth in Section 3.03 hereof.