Tax Credit definition

Tax Credit means a credit against, relief or remission for, or repayment of any Tax.
Tax Credit means a credit against, relief or remission for, or repayment of any Tax;
Tax Credit means any credit permitted under the Code or the law of any state against the federal or a state income tax liability of any Partner as a result of activities or expenditures of the Partnership including, without limitation, LIHTC.

Examples of Tax Credit in a sentence

  • Seller and Purchaser are also parties to that certain Tax Credit Transfer Agreement (Variable), dated as of the Effective Date (the “Variable Transfer Agreement”), pursuant to which certain Tax Credits will be transferred on the terms set forth therein, with such Tax Credits being separate and distinct from the 2024 Tax Credits (as defined below) under this Agreement.

  • By: Name: Title: This certificate is being executed and delivered pursuant to Section 3.4(c) of the Tax Credit Transfer Agreement (Fixed) (the “Agreement”), dated as of December 6, 2024, by and between First Solar, Inc., a Delaware corporation (the “Seller”), and Visa Inc., a Delaware corporation (the “Purchaser”).

  • By: Name: Title: This certificate is being executed and delivered pursuant to Section 3.4(a) of the Tax Credit Transfer Agreement (Variable) (the “Agreement”), dated as of the date hereof, by and between First Solar, Inc., a Delaware corporation (the “Seller”), and Visa Inc., a Delaware corporation (the “Purchaser”).

  • The purchase price for the 2024 Tax Credits shall be $615,975,000 (the “Purchase Price”) which is the result of multiplying (a) $645,000,000 (the “2024 Tax Credit Amount”), by (b) the Purchase Price per Tax Credit.

  • By: Name: Title: This certificate is being executed and delivered pursuant to Section 3.4(b) of the Tax Credit Transfer Agreement (Variable) (the “Agreement”), dated as of the date hereof, by and between First Solar, Inc., a Delaware corporation (the “Seller”), and Visa Inc., a Delaware corporation (the “Purchaser”).


More Definitions of Tax Credit

Tax Credit has the meaning given to it in Clause 12.1 (Definitions).
Tax Credit means an economic development tax credit created by Section 59-7-614.2 or 59-10-1107.
Tax Credit means a tax credit under Section 59-7-619 or 59-10-1034.
Tax Credit means as described in Section 1.1(A) of the QAP.
Tax Credit means the credit to be received by the Applicant as computed under the provisions of Subchapter D of the Texas Economic Development Act and 34 Tex. Admin. Code §9.1056, provided that the Applicant timely complies with the requirements under such provisions, including the filing of a completed application under §313.103 of the Code and 34 Tex. Admin. Code §9.1054.
Tax Credit means the low-income housing tax credit described in Section 42 of the Code.
Tax Credit means the low-income housing tax credit pursuant to Section 42 of the Code. Tax Credit Set-Aside means the date upon which the Partnership receives a preliminary reservation, effective for the year 1996, the year the Apartment Complex is expected to receive an allocation of Tax Credit, by the authorized agency of the State of Tax Credit for the buildings constituting the Apartment Complex in an annual dollar amount of not less than $31,171, which reservation shall not have expired or been revoked prior to the date on which the First Installment is paid.