Qualified Kansas Business definition

Qualified Kansas Business means a business that has met the criteria of the Angel Investor Tax Credit Act and been issued an Approval Letter.
Qualified Kansas Business means the Kansas businesses that are approved and certified as qualified Kansas businesses as provided in K.S.A. 74-8134, and amendments thereto;
Qualified Kansas Business means a business that has been issued a Determination Letter.

Examples of Qualified Kansas Business in a sentence

  • Commerce reserves the right to reallocate and decrease the actual amount of tax credits under this Agreement if the Qualified Kansas Business fails to continue to meet the requirements of Section I.

  • In the event Qualified Kansas Business relocates its headquarters and qualifying operations from Kansas to another state during the term of this Agreement, then Qualified Kansas Business shall repay Commerce an amount equal to the amount of Angel Investor Tax Credits it issued under this Agreement.

  • Issue a Determination Letter upon finding the company a Qualified Kansas Business.

  • Failure to comply with the reporting requirements may result in loss of designation as a Qualified Kansas Business and/or adversely affect program eligibility in future years.

  • Immediately issue a Revocation Letter to a Qualified Kansas Business and cancel all pending transactions if Commerce is aware of any of the items mentioned in Section I.

  • Issue tax credit certificates to eligible Investors who have made a Cash Investment in the Qualified Kansas Business and documented such investment prior to the Expiration Date in the Determination Letter or any subsequent written extension.

  • The Qualified Kansas Business shall report to Commerce on an annual basis.

  • Qualified Kansas Business fully understands the provisions of this Agreement, enters into it freely and voluntarily, and has been advised and had ample opportunity to seek independent counsel prior to executing this Agreement.

  • Qualified Kansas Business has applied for certification through the Kansas Angel Investor Tax Credit program.


More Definitions of Qualified Kansas Business

Qualified Kansas Business means the Kansas businesses that are approved and certified as qualified Kansas businesses as provided in