Projected Credits definition

Projected Credits means (a) for the entire Credit Period, $14,549,130.00 and (b) for each full year during the Credit Period, $1,454,913.00; provided that for any partial year during the Credit Period, Projected Credits shall be adjusted appropriately.
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Projected Credits means the Projected Federal Credits.
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Projected Credits means Energy Credits as determined to be available to the Company, although subject to recapture, based upon the Cost Certification and the Code, as applicable, as in effect upon the date the Project or any portion thereof achieves Placement In Service.
Sample 1

Examples of Projected Credits in a sentence

  • China-Based CDM Projects and Projected Credits, January 2004 – June 2009 (Aggregated Quarterly) Source: UNEP Risoe, 2009.

  • Responsible for timely execution of the Project.Receive and review fund withdrawal applications from the Project Management Unit (PMU) and submit to ADB.Review financial reports (including the annual audit report and financial statements) and project progress report from the PMU and submit to ADB.

  • To the extent an indemnifiable Loss under this paragraph consists of the loss of Projected Credits or Recapture, Seller shall indemnify Purchaser for the loss of Projected Credits and Recapture at the rate of $1.20 for each dollar of Projected Credits lost or Tax Credits Recaptured plus any interest or penalties.

  • Any indemnity under this Section 6.6 shall be paid from, and only to the extent of, Company assets other than Reserves and Tax Audit Reserves, shall not be paid unless the Investor Member has received the Projected Credits (or the proceeds of any required Mandatory Loans, Credit Recovery Loans or IRFA payments).

  • Course NumberCreditsMinimum Grade Requirement Major: Current Cumulative GPA: Credits Earned: Projected Cumulative GPA: Projected Credits Earned: Academic Plan Session I: Please Select Academic Plan Session II: Please SelectCourse NumberCreditsMinimum Grade Requirement STUDENT CERTIFICATION By signing below, I agree to the terms and conditions of this academic plan.

  • The list of current licences procured on behalf of schools is as follows: • Christian Copyright Licensing International• Copyright Licensing Agency• Education Recording Agency• Filmbank Distributors Ltd.

  • If the Projected Credits are less than the "LIH Target Amount" shown on Exhibit A-2, the Limited Partner's Capital Contribution (including Capital Contributions already paid to the Partnership) shall be reduced by an amount equal to [$0.90] for every dollar by which the Projected Credits are less than the LIH Target Amount.

  • As of the date of Cost Certification, the Accountants shall prepare projections of the Credits available and allocable to the Limited Partner (the "Projected Credits") for the Project based upon the Accountant's calculation of the eligible basis and qualified basis of the Project and the credit percentage applicable to the Project.

  • As more fully provided hereinafter and in the Agreement to be executed, the Purchase Price is subject to reduction in certain circumstances, including without limitation, if the Credits actually allocated to the Partnership are less than the Projected Credits, or if the Schedule of Events set forth below is not satisfied.

  • If, between the date hereof and the Closing, there is a Transfer of any non-Controlled Asset (other than a Transferred Loan), the Minimum Credit shall be $1.20 for every dollar of Projected Credits that will be lost as a result of the Transfer of such non-Controlled Asset.


More Definitions of Projected Credits

Projected Credits means Historic Tax Credits in the amount of $181,476 in 2018 with respect to the Building, which the Investor Member has projected (and which have been reviewed and accepted by the Managing Member) to be the total amount of Historic Tax Credits available to the Investor Member.
Sample 1
Projected Credits means Housing Tax Credits described in the Schedule, which the General Partners has projected to be the total amount of the Housing Tax Credits which will be allocated to the Investor Limited Partners by the Partnership, constituting 99.9% of the Housing Tax Credits which are projected to be available to the Partnership. The Projected Credits as of the date hereof are allocated to the following Fiscal Years in the following respective amounts (subject to adjustment if the Projected Credits are revised pursuant to Section 3.8B): 1999: $33,230 2000: $124,750 2001 through 2008: $129,330 per year 2009: $100,680
Sample 1
Projected Credits means the Tax Credits which, as of the date hereof, to the Actual Knowledge of Seller, are expected to be generated by each Direct Operating Partnership or Fund beginning in (and including) January 2016.
Sample 1

Related to Projected Credits

  • Financial Projections has the meaning provided in Section 5.07(b).

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • Earned credit means the amount of the bid incentive allocated to a contractor upon completion of a contract in which the contractor met or exceeded his or her goals for the utilization of BEPDs in the performance of the contract.

  • 4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.

  • Projected Recovery Amount means, as of the Termination Date, the aggregate amount of subsequent recoveries, net of expenses and credits, projected to be received on the Reference Pool, calculated based on a formula to be derived by Fannie Mae from the actual net recovery experience for the Reference Pool during the 30-month period immediately preceding the Termination Date, plus any additional amount determined by Fannie Mae in its sole discretion to be appropriate for purposes of the foregoing projection in light of then-current market conditions. Information regarding the formula and results of the related calculations will be provided to Holders through Payment Date statements in advance of the Termination Date. In the absence of manifest error, Fannie Mae's determination of the Projected Recovery Amount will be final.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Service credit year means an accumulation of months of

  • Credits means the Federal and State Housing Tax Credit program.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $152,300.00 plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Service Level Credit is defined in Section 8.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Collateral savings, as used in this clause, means those measurable net reductions resulting from a VECP in the agency's overall projected collateral costs, exclusive of acquisition savings, whether or not the acquisition cost changes.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Valuation Point means such time as shall be specified in the relevant Supplement for each Fund.

  • New Trading Profits means the excess, if any, of Net Assets of the Partnership managed by the Advisor at the end of the fiscal period over Net Assets of the Partnership managed by the Advisor at the end of the highest previous fiscal period or Net Assets of the Partnership allocated to the Advisor at the date trading commences by the Advisor for the Partnership, whichever is higher, and as further adjusted to eliminate the effect on Net Assets of the Partnership resulting from new capital contributions, redemptions, reallocations or capital distributions, if any, made during the fiscal period decreased by interest or other income, not directly related to trading activity, earned on the Partnership’s assets during the fiscal period, whether the assets are held separately or in margin accounts. Ongoing expenses shall be attributed to the Advisor based on the Advisor’s proportionate share of Net Assets of the Partnership. Ongoing expenses shall not include expenses of litigation not involving the activities of the Advisor on behalf of the Partnership. Ongoing expenses include offering and organizational expenses of the Partnership. No Incentive Fee shall be paid to the Advisor until the end of the first full calendar quarter of the Advisor’s trading for the Partnership, which fee shall be based on New Trading Profits (if any) earned from the commencement of trading by the Advisor on behalf of the Partnership through the end of the first full calendar quarter of such trading. Interest income earned, if any, shall not be taken into account in computing New Trading Profits earned by the Advisor. If Net Assets of the Partnership allocated to the Advisor are reduced due to redemptions, distributions or reallocations (net of additions), there shall be a corresponding proportional reduction in the related loss carryforward amount that must be recouped before the Advisor is eligible to receive another Incentive Fee.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6.