Examples of Investment Deadline in a sentence
The Maximum Credit Amount is the amount of tax credits the Company may earn during the Taxable Years between the Commencement Date and the Investment Deadline.
The Company may earn a tax credit under the Agreement for any Taxable Year in which the Company makes a Qualified Investment after the Commencement Date and before the Investment Deadline.
For years up to the Investment Deadline in which a tax credit may be earned, in the event that the Taxable Year Credit Amount is less than the Maximum Taxable Year Credit Amount as a result of an application of Step 2 of the guideline above, or the Fiscal Impact Requirements are not met, the IEDC may temporarily withhold a portion or the entirety of the Taxable Year Credit Amount.
Up until one year after the Investment Deadline, the IEDC may issue a tax credit certification for a portion or the entirety of the previously withheld amount, should the Company meet its Fiscal Impact Requirements.
The Company agrees to substantially complete the Project as set forth in Exhibit A and as required by Paragraph 3 before the Redevelopment Project Investment Deadline.
If the Project is not Substantially Complete with a total investment equal to or greater than the Redevelopment Capital Investment Amount before the Redevelopment Project Investment Deadline, the IEDC, in its sole and absolute discretion, may make a determination under Paragraph 8 that the Company is noncompliant with the requirements of this Agreement.
Notwithstanding the foregoing or anything in this Agreement to the contrary, the Company shall not be entitled to a Tax Credit for any qualified investment, as defined in Indiana Code § 6-3.1-34-7 (“Qualified Investment”) made after the Redevelopment Project Investment Deadline.
Any such change shall take effect only on written agreement between the Parties signed by the duly authorised representatives of the Parties, referring to this Recipient Agreement and setting out the changed Purpose, Investment Deadline or Funding Amount, or identifying the changed Planned Delivery Forecast (as the case may be).
Notwithstanding the foregoing or anything in this Agreement to the contrary, the Company shall not be entitled to a Tax Credit for any Qualified Investment made after the Redevelopment Project Investment Deadline.
The Investor agrees that it shall (a) satisfy its obligation to either (i) purchase the Commitment Shares from unaffiliated third parties in negotiated or market transactions prior to the Investment Deadline or (ii) retain the Commitment Shares and (b) cause the Commitment Shares not to be redeemed against the Company’s trust account in connection with the Special Meeting.