We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Section 29 Credits definition

Section 29 Credits has the meaning set forth in Section 3.11.
Sample 1Sample 2Sample 3
Section 29 Credits means *****. “Venture’s Pre-Tax Operating Cash Flow” shall mean *****.
Sample 1Sample 2Sample 3
Section 29 Credits has the meaning given in Section 7.1(i).
Sample 1Sample 2

Examples of Section 29 Credits in a sentence

  • If such Section 29 Credits become available, then the parties will negotiate in good faith an addendum to this Agreement to implement such ***** % discount.

  • If any Coke qualifies for a non-conventional fuels tax credit under Section 29 of the Internal Revenue Code of 1986, as amended, or any similar or successor provision (“Section 29 Credits”), then the Contract Price shall be reduced (as such Section 29 Credits are earned) by an amount equal to ***** percent (***** %) of the net economic value realized by Seller from such Section 29 Credits, if and when the transactions which cause Seller to realize and monetize such Section 29 Credits are finalized.

  • Under the circumstances described in the preceding sentence, the payment which New Fluor would make to Parent with respect to Year 2 would be $1 Million (i.e., the entire Credit Sharing Amount of 50% of the Displaced Section 29 Credits).

  • If such Section 29 Credits become available, then the parties will negotiate in good faith an addendum to this Agreement to implement such *****% discount.

  • If any Coke qualifies for a non-conventional fuels tax credit under Section 29 of the Internal Revenue Code of 1986, as amended, or any similar or successor provision (“Section 29 Credits”), then the Contract Price shall be reduced (as such Section 29 Credits are earned) by an amount equal to ***** of the net economic value realized by Seller from such Section 29 Credits, if and when the transactions which cause Seller to realize and monetize such Section 29 Credits are finalized.

  • This always leads to the breakdown of rule of law and hence, a cause for insecurity in the affected area.

  • The Company will have no liability to any Holder arising from any action taken with respect to the EARTHCO Plants, the EARTHCO Business Entities, the availability of the Section 29 Credits, or the matters described in Section 515 except to the extent arising from the Company's failure to perform or breach of any express covenant or warranty of the Company in this Agreement or in the Certificate.

  • If any Coke qualifies for a non-conventional fuels tax credit under Section 29 of the Internal Revenue Code of 1986, as amended, or any similar or successor provision (“Section 29 Credits”), then the Contract Price shall be reduced (as such Section 29 Credits are earned) by an amount equal to ***** percent***** (***** %) of the net economic value realized by Seller from such Section 29 Credits, if and when the transactions which cause Seller to realize and monetize such Section 29 Credits are finalized.

  • Realized Section 29 Tax Credits shall mean an amount equal to the Utilized AMT Credits multiplied by a fraction, the numerator of which is the difference between the Section 29 Credits less cumulative amounts paid by Alliant under this Section 7.1 (as may be adjusted under Section 7.2) and the denominator of which is the difference between the AMT Credits less cumulative amounts of Utilized AMT Credits.


More Definitions of Section 29 Credits

Section 29 Credits means the credits provided by section 29 of the Code, prior to application of the limitation of section 29(b)(6) of the Code.
Sample 1
Section 29 Credits means any credit against the United States federal income tax liability of the Company resulting from the production and sale of "qualified fuels" from the EARTHCO Plants to an unrelated person as provided for in Section 29 of the Internal Revenue Code.
Sample 1
Section 29 Credits means ***** . “Venture’s Pre-Tax Operating Cash Flow” shall mean ***** .
Sample 1

Related to Section 29 Credits

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • 4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.

  • Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.

  • Emission Reduction Credits means emission reductions that have been authorized by a local air pollution control district pursuant to California Health and Safety Code, Division 26 Air Resources, Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 2.2.

  • Auction Revenue Rights Credits means the allocated share of total FTR auction revenues or costs credited to each holder of Auction Revenue Rights, calculated and allocated as specified in Operating Agreement, Schedule 1, section 7.4.3, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.3.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Credits means the Federal and State Housing Tax Credit program.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Class C Reserve Account Percentage means, for any Distribution Date on which a condition in the left column of the following table was in effect on the immediately preceding Distribution Date, the percentage in the corresponding right column of the following table (or if more than one conditions were in effect on the immediately preceding Distribution Date, the largest percentage). Condition: The three-month rolling average Excess Spread Percentage is: Class C Reserve Account Percentage:

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including the last day of the third full calendar month following the Closing Date, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled “Level II”: I > 50% of the Maximum Revolver Amount 0.375 percentage points II ≤ 50% of the Maximum Revolver Amount 0.50 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each month by Agent.

  • Unused Line Fee has the meaning specified in Section 2.5.

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Unused Fees has the meaning assigned to such term in the Lender Fee Letter.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments at such time.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

Most Referenced Clauses

Most Referenced Definitions