Recapture Event definition

Recapture Event means any of the following events:
Recapture Event means an event that results in denial or recapture of the Grant, or any Alternative Tax Program, or a portion thereof, by Treasury or any other Governmental Authority.
Recapture Event means any of the following events

Examples of Recapture Event in a sentence

  • In consideration therefor, the Company hereby agrees that if there shall occur a Recapture Event (as defined below) after the date hereof, the Company shall pay to the Agency, or to the State of New York, if so directed by the Agency (except as otherwise specified below) as a return of public benefits conferred by the Agency, one hundred percent (100%) of the Recaptured Benefits.


More Definitions of Recapture Event

Recapture Event has the meaning ascribed to such term in Section 5.4 of the Lease Agreement.
Recapture Event shall have the meaning set forth in Section 10.6(a).
Recapture Event means any event or condition that causes or results in a disallowance or recapture of all or any portion of the New Markets Tax Credits pursuant to Section 45D(g) of the Code or the Treasury Regulations or guidance thereunder.
Recapture Event means an event within the meaning of Section 50 of the Code and the Treasury Regulations thereunder that results in a reduction, denial or recapture of the ITC, or a portion thereof, by any Governmental Authority, at either the Company level or from any individual Member.
Recapture Event shall have the meaning specified in the Reinsurance Agreement.
Recapture Event means any disposition of qualified child-care property by the
Recapture Event means any event described in Section 9.4 hereof which gives rise to Recapture Rights or other remedy.