Projected Tax Credits definition

Projected Tax Credits means LIHTC in the aggregate amount of $340,630.
Projected Tax Credits means LIHTC in the aggregate amount of $2,748,090.
Projected Tax Credits means LIHTC in the aggregate amount of $1,216,540.

Examples of Projected Tax Credits in a sentence

  • If the Projected Tax Credits are not allocated to the Partners during the Tax Credit Period then the Limited Partner's and Special Limited Partner's Capital Contribution shall be reduced by an amount agreed upon by the Partners, in good faith, to provide the Limited Partner and the Special Limited Partner with their anticipated internal rate of return.

  • Section 5.10(c) then works from the Projected Tax Credits and subtracts the actual tax credits taken by Plaintiff.

  • Permanent Reduction in LIHTCs. The NEFAC Capital Contribution to the Partnership shall be decreased if: (i) the receipt of the Project Cost Certification, or (ii) the receipt of the Form 8609 for the Project, the maximum Actual Tax Credits are less than the Projected Tax Credits.

  • Other than the theory set forth above and rejected by the court, Defendants have made no argument that the calculations of the Projected Tax Credits were faulty in any way.

  • If the Projected Tax Credits are not allocated to the Partners during the Tax Credit Period and the failure to allocate is not caused by or attributable to an Unavoidable Event then the Limited Partner's and Special Limited Partner's Capital Contribution shall be reduced by an amount agreed upon by the Partners, in good faith, to provide the Limited Partner and the Special Limited Partner with their anticipated internal rate of return.


More Definitions of Projected Tax Credits

Projected Tax Credits means LIHTC in the aggregate amount of $827,130.
Projected Tax Credits means LIHTC in the aggregate amount of $3,028,230.
Projected Tax Credits means LIHTC in the aggregate amount of $4,106,840.
Projected Tax Credits means LIHTC in the aggregate amount of $898,895. The Partners recognize and acknowledge that the total amount of Tax Credits allocated to the Partnership equaled $898,895. However, prior to the Limited Partner's admittance, the Partnership had allocated $80,774 Tax Credits to the former partners leaving the total available Tax Credits of $818,121 to be allocated among the General Partner, Limited Partner and Special Limited Partner.
Projected Tax Credits means LIHTC in the aggregate amount of $2,239,400 and Georgia Credits in the aggregate amount of $2,239,400.
Projected Tax Credits means the Tax Credits expected to be allocated to the Investor Member for each Covered Tax Year as set forth on Schedule E.
Projected Tax Credits means LIHTC in the aggregate amount of $469,330.