Inverted Lease Fund definition

Inverted Lease Fund means a tax equity investment structure that conforms to the characteristics set forth in Part II of Annex B and Part II of Annex C, or is otherwise identified as an Inverted Lease Fund on Schedule 5.03(e), as such schedule may be updated from time to time in accordance with Section 2.05(e).
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Inverted Lease Fund means each Inverted Lease Lessor and each Inverted Lease Tenant.
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Examples of Inverted Lease Fund in a sentence

  • To be delivered at least forty-five (45) days prior to the date of the proposed acquisition or formation of a tax equity investment fund other than a Partnership Flip Fund or Inverted Lease Fund submitted pursuant to Section 2.05(c).

  • To be delivered at least thirty (30) days prior to the date of the proposed acquisition or formation of the Partnership Flip Fund or Inverted Lease Fund if submitted pursuant to Section 2.05(b).

  • Within two years of the Class A Option Date for Liberty Tenant and Margaux Tenant, the Administrative Agent may, at the sole cost and expense of the Borrower, consult with a nationally recognized appraiser selected by it regarding the projected Class A FMV for any such Inverted Lease Tenant as of the applicable Class A Option Date (including by taking into account the Tax Equity Fund Model and Collections received from the applicable Inverted Lease Fund).