QEZE definition

QEZE shall have the meaning set forth in Section 7.5.

Examples of QEZE in a sentence

  • Neither Landmark nor the Company shall be required to contribute to the other any QEZE Refund to the extent that Landmark or the Company, as the case may be, has been required to make payment on the Landmark Guarantee.

  • Landmark guarantees to the Company and the Members the payment of all Eligible Real Property Taxes of the Company for which a QEZE Credit for Real Property Taxes is received ("LANDMARK GUARANTEE").

  • Tenant acknowledges that it has no rights to all or any part of the QEZE Tax Credits.

  • The Developer shall, upon making a timely application obtain certification as a Qualified Empire Zone Enterprise ("QEZE"), and shall be entitled to obtain the tax benefits afforded to a QEZE under the New York State Empire Zone Program.

  • In the event, for any reason, the allocation set forth in Section 2.1(c) of Exhibit D is not respected and any Member other than Landmark receives a QEZE Refund, that Member shall contribute its QEZE Refund to the Company as a Capital Contribution within sixty (60) days of the Member's receipt of the QEZE Refund.