Tax Credit Agency definition

Tax Credit Agency means the [INSERT NAME OF ALLOCATING AGENCY] _________________, in its capacity as the designated agency of the Property Jurisdiction to allocate Tax Credits, acting through any authorized representative. [THE FOLLOWING DEFINITION SHOULD ONLY BE INCLUDED IF THE FIRST VERSION OF SECTION 5.44(a) IS USED IN SECTION A ABOVE] “Tax Credit Application” is defined in Section 5.44(a).
Tax Credit Agency means the California Tax Credit Allocation Committee in its capacity as the designated agency of the State to allocate Tax Credits, acting through any authorized representative.
Tax Credit Agency means the designated agency of the Property Jurisdiction to allocate Tax Credits, acting through any authorized representative.

Examples of Tax Credit Agency in a sentence

  • Borrower has not received any notice from the Tax Credit Agency that Borrower is in default under the Tax Credit Regulatory Agreement.

  • Borrower has not received any notice from the Tax Credit Agency that Borrower is in default under the Tax Credit Application or that the Tax Credit Agency will not issue and record a Tax Credit Regulatory Agreement when the Mortgaged Property is placed in service.

  • Such submissions to Funding Lender will be made contemporaneously with the submission of reports to Tax Credit Agency as required under the Tax Credit Regulatory Agreement.

  • Such submissions to Lender will be made contemporaneously with the submission of reports to Tax Credit Agency as required under the Tax Credit Regulatory Agreement.

  • In such event, Borrower acknowledges that Funding Lender may require the Tax Credit Agency to enter into a subordination agreement in form and substance satisfactory to Funding Lender.

  • In such event, Borrower acknowledges that Lender may require the Tax Credit Agency to enter into a subordination agreement in form and substance satisfactory to Lender.

  • Such submissions to Lender will be made contemporaneously with the submission of reports to the Tax Credit Agency as required under the Tax Credit Regulatory Agreement.

  • In such event, Xxxxxxxx acknowledges that Funding Lender may require the Tax Credit Agency to enter into a subordination agreement in form and substance satisfactory to Funding Lender.

  • Borrower has not received any notice from the Tax Credit Agency that (i) Borrower is in default under the Tax Credit Application, (ii) the Tax Credit Agency will not issue and record a new Tax Credit Regulatory Agreement when the Mortgaged Property is placed in service or (iii) Borrower is in default under the existing Tax Credit Regulatory Agreement.

  • In the event that the State Tax Credit Agency obtains an offer satisfying the conditions of the preceding sentence, the General Partner shall promptly notify the Special Limited Partner in writing with respect to the terms and conditions of such offer, and, if the Special Limited Partner notifies the General Partner that such offer should be accepted, the General Partner shall cause the Partnership promptly to accept such offer and to proceed to sell the Apartment Housing pursuant to such offer.


More Definitions of Tax Credit Agency

Related to Tax Credit Agency

  • Lead Agency means the agency facilitating the procurement and establishing the Contract.

  • Administrative agency or "agency" means each board, bureau, commission, department, or other administrative unit of the executive branch of state government, including one or more officers, employees, or other persons directly or indirectly purporting to act on behalf or under authority of the agency. An administrative unit located within or subordinate to an administrative agency must be treated as part of that agency to the extent it purports to exercise authority subject to this chapter. The term administrative agency does not include:

  • Financing agency means a bank, finance company, or other person that in the ordinary course of business makes advances against goods or documents of title or that by arrangement with either the seller or the buyer intervenes in ordinary course to make or collect payment due or claimed under the contract for sale, as by purchasing or paying the sellers draft or making advances against it or by merely taking it for collection whether or not documents of title accompany or are associated with the draft. "Financing agency" includes also a bank or other person that similarly intervenes between persons that are in the position of seller and buyer in respect to the goods under section 2707.

  • the Agency means the Environment Agency;

  • Applicable agency GNMA, FNMA or FHLMC, as applicable.

  • Administrative authority means the state or local official responsible for the administration and enforcement of this act.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Responsible agency means a public agency, which proposes to carry out or approve a project, for which [a] Lead Agency is preparing or has prepared an EIR or Negative Declaration. For the purposes of CEQA, the term “responsible agency” includes all public agencies other than the Lead Agency, which have discretionary approval power over the project. (Section 15381)

  • banking group means the New Zealand business of the registered bank and its subsidiaries as required to be reported in group financial statements for the group’s New Zealand business under section 461B(2) of the Financial Markets Conduct Act 2013.

  • credit bureau means an entity specialised in the collection and sale of credit performance information for individuals and businesses and registered as a credit bureau;

  • Bank Credit Agreement means the Amended and Restated Credit Agreement dated as of July 23, 2007 by and among the Company, Xxxxx Fargo Bank, National Association, as administrative agent, and the other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility or facilities of the Company and its Subsidiaries.

  • State Contracting Agency means the department for which this contract is to be performed and for which the Commissioner or Authorized Designee acted in signing this contract.

  • Nodal Agency means the Madhya Pradesh Urja Vikas Nigam Limited, (MPUVNL) Bhopal;

  • Environmental Protection Agency or “EPA” means the United States Environmental Protection Agency.

  • Designated agency means a contractual relationship

  • DIP Credit Agreement means the Senior Secured Superpriority Debtor-in-Possession Credit Agreement, dated as of April 1, 2009, among the Companies, the Investor and the other lenders and agents from time to time party thereto, after giving effect to all amendments, waivers, supplements, modifications and any substitutions therefor.