Qualified Equity definition

Qualified Equity means any Capital Stock that is not a Disqualified Equity Interest.

Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the Project at any time during the period beginning not earlier than the later of (a) 60 days prior to the Official Intent Date or (b) three years prior to the Issue Date, and ending not later than the date the Project is capable of and actually used at substantially its designed level. Qualified Equity excludes an ownership interest in real property or tangible personal property.

Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the Project at any time during the period beginning not earlier than the later of (a) 60 days before the Official Intent Date or (b) three years before the Issue Date, and ending not later than the date the Project is capable of and actually used at substantially its designed level. Qualified Equity excludes an ownership interest in real property or tangible personal property.

Examples of Qualified Equity in a sentence

• The notice shall contain the amount paid to the Allocatee for the Qualified Equity Investment at its original issue and the taxpayer identification number of the Allocatee.

• The Allocatee will make all disclosures required by Federal or State law, including applicable securities laws, to taxpayers to whom the Allocatee issues Qualified Equity Investments and will advise all such taxpayers to perform all necessary due diligence prior to making an Equity Investment in the Allocatee.

• On or after the Allocation Date, the Allocatee may designate Qualified Equity Investments as to which NMTCs may be claimed with respect to Equity Investments made on or after that date.

• The amount of the NMTC Allocation represents the amount of Qualified Equity Investments which may be issued by the Allocatee, and as to which NMTCs may be claimed.

• This prohibition, however, generally does not apply to entities that are commonly Controlled solely because of common ownership by Qualified Equity Investment investors, including investors that have received an NMTC Allocation.

More Definitions of Qualified Equity

Qualified Equity means any Equity Interests other than Disqualified Equity.

Qualified Equity means funds (but excluding an existing equity ownership interest in real property or tangible personal property) that are not derived from proceeds of a tax-exempt financing that are spent on the Project on a date that is no earlier than a date on which such expenditures would be eligible for reimbursement by proceeds of the Bonds under Regulations § 1.150-2(d)(2) and ending not later than the date the Project is capable of and actually used at substantially its designed level.

Qualified Equity means any Capital Stock other than Disqualified Capital Stock and any cash equity contributed to the common or ordinary unit capital of any Person.

Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the Financed Facility at any time during the period beginning not earlier than the later of

Qualified Equity means the class or classes of Company equity securities issued in the Qualified Financing.

Qualified Equity means Preferred Stock (as defined in the Senior Credit Agreement). Credit Agreement

Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the Project at any time during the period beginning not earlier than the later of (a) 60 days prior to the date of the applicable resolution of official intent indicating the intent of the Agency to borrow proceeds of a tax-exempt debt obligation to finance the Project or (b) three years prior to the issue date of the applicable Original Obligation, and ending not later than the date the Project is capable of and actually used at substantially its designed level. Qualified Equity excludes an ownership interest in real property or tangible personal property.