Repeat Tax Equity Structure definition
Repeat Tax Equity Structure means a Partnership Flip Structure, Inverted Lease Structure or Modified Inverted Lease Structure that (a) is substantially similar to a Partnership Flip Structure, Inverted Lease Structure or Modified Inverted Lease Structure, as the case may be, that was previously approved by the Administrative Agent as a Subject Fund and (b) has the same Investor as the previously approved Partnership Flip Structure, Inverted Lease Structure or Modified Inverted Lease Structure or an Affiliate of such Investor.
Repeat Tax Equity Structure means a Partnership Flip Structure, Inverted Lease Structure, Partnership Lease Pass Through Structure or Other Financed Structure (a) that is substantially similar to a Partnership Flip Structure, Inverted Lease Structure, Partnership Lease Kronor Loan Agreement [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. Pass Through Structure or Other Financed Structure, as the case may be, that (i) was a Subject Fund as of the Closing Date (other than the [***] Subject Fund) or (ii) was previously approved by the Administrative Agent and the Majority Group Agents pursuant to Section 2.10 as a Subject Fund and (b) whose tax equity investor is the same Investor (or an Affiliate thereof) as the previously approved Partnership Flip Structure, Inverted Lease Structure, Partnership Lease Pass Through Structure or Other Financed Structure.
Repeat Tax Equity Structure means a Partnership Flip Structure, Inverted Lease Structure, Partnership Lease Pass Through Structure or Other Financed Structure (a) that is substantially similar to a Partnership Flip Structure, Inverted Lease Structure, Partnership Lease Pass Through Structure or Other Financed Structure, as the case may be, that (i) was a Subject Fund as of the Closing Date (other than the [***] Subject Fund) or (ii) was previously approved by the Administrative Agent and the Majority Group Agents pursuant to Section 2.10 as a Subject Fund and (b) whose tax equity investor is the same Investor (or an Affiliate thereof) as the previously approved Partnership Flip Structure, Inverted Lease Structure, Partnership Lease Pass Through Structure or Other Financed Structure.
Examples of Repeat Tax Equity Structure in a sentence
Notwithstanding the foregoing, the Administrative Agent will determine on a de novo basis whether to designate any Repeat Tax Equity Structure that is substantially similar to either of the following former Subject Funds: (1) [***] DESIGNATES PORTIONS OF THIS DOCUMENT THAT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE COMMISSION.
Notwithstanding the foregoing, the Administrative Agent will determine on a de novo basis whether to designate any Repeat Tax Equity Structure that is substantially similar to either of [***] as a Cash-Sweep Fund or a Non-Cash-Sweep Fund and shall not be obligated to apply the same designation that was applied to [***].