Special Source Credits definition

Special Source Credits means the annual special source credits provided to the Company pursuant to Section 4.02 hereof.

Special Source Credits means the special source revenue credits described in

Special Source Credits means the annual special source credits against Fee Payments due with respect to the real property and improvements comprising the Project as set forth in Section 3.02(a) hereof.

Examples of Special Source Credits in a sentence

• The County shall not assign, transfer, or convey its obligations to provide Special Source Credits hereunder to any other Person, except as may be required by South Carolina law.

• In case any one or more of the provisions of this Agreement shall, for any reason, be held to be illegal or invalid, the illegality or invalidity shall not affect any other provision of this Agreement, and this Agreement, the Special Source Credits shall be construed and enforced as if the illegal or invalid provisions had not been contained herein or therein.

• Clawback information: Failure to invest at least $7,500,000 in Costs of Infrastructure during the Investment Period results in prospective loss of the Special Source Credits.

• In no event shall the aggregate amount of all Special Source Credits claimed by the Company exceed the amount expended with respect to the Infrastructure at any point in time.

• Subject to Sections 3.02(e), 4.04, 5.01 and 5.02 above, this Agreement shall terminate on the date upon which all Special Source Credits provided for herein have been credited to the Company.

More Definitions of Special Source Credits

Special Source Credits means the credits to the Fee Payments in respect of the Company’ investment in Cost of the Infrastructure set forth in Section 3.02(a) hereof.

Special Source Credits means those credits against the fee in lieu of tax payments to be made by the Company to the County as authorized by Section 4-1-175 of the Code and Section

Special Source Credits means the annual special source revenue credits against fees in lieu of ad valorem property taxes due from a Sponsor with respect to the real property improvements in connection with a Project pursuant to the Multi-County Park Act and an Incentive Agreement, and expressed as a percentage equal to the Weighted Credit applicable to a Project.

Special Source Credits means the credits described in Section 3.03 hereof.

Special Source Credits means the Level 1 Special Source Credits, the Level 2 Special Source Credits, or the Level 3 Special Source Credits, as the case may be, to which a Credit Eligible Entity is entitled under Section 4.02 hereof.

Special Source Credits means the Base Special Source Credits and the Additional Special Source Credits, collectively.

Special Source Credits means the special source revenue credits described in the Lease and in Section 4.02 hereof.