Tax Credit Investor definition

Tax Credit Investor means Aegon LIHTC Fund 58, LLC, a Delaware limited liability company, and its successors and assigns in such capacity pursuant to the Partnership Agreement.
Tax Credit Investor or "Investor" means the entity that, in consideration of an allocation of Tax Credits, acquires a limited partner interest in the Partnership.
Tax Credit Investor means any party making an equity investment in the Borrower in exchange for Tax Credits, together with any party authorized to act on behalf of the Tax Credit Investor hereunder or under the [operating agreement] [partnership agreement] of the Borrower.

Examples of Tax Credit Investor in a sentence

  • During 2020, a historic tax credit investor (the "Tax Credit Investor") funded $92,400,000 of capital contributions and is expected to make additional capital contributions in future periods.The arrangement includes a put option whereby the joint venture may be obligated to purchase the Tax Credit Investor’s ownership interest in the Project at a future date.

  • The Owner/Partnership shall furnish to the Tax Credit Investor a complete copy of each such policy of insurance required under #1-5 above.

  • The policy shall include an endorsement naming Firstar Development, LLC as Additional Insured and, to the extent permitted under the Financing Documents, Loss Payee, and shall allow the Tax Credit Investor to be associated in the adjustment of any claim.

  • The Authority is authorized and directed to (i) apply to the Commission for a reservation of low income housing tax credits and (ii) seek and select the Tax Credit Investor.

  • Any cure made or tendered by any Lender or any Tax Credit Investor shall be accepted or rejected on the same basis as a cure made directly by the Borrower, to the extent not inconsistent with Program Requirements.


More Definitions of Tax Credit Investor

Tax Credit Investor means Boston Capital Corporate Tax Credit Fund XXXIII, A Limited Partnership, its successors and assigns.
Tax Credit Investor means the Person identified in the Summary, together with any Person authorized to act on behalf of the Tax Credit Investor under any of the organizing documents of the Development Owner.
Tax Credit Investor means the tax credit investor designated by Borrower and approved in advance by the Trust as the Tax Credit Investor for the Project.
Tax Credit Investor means 42 Equity Partners, LLC, a Delaware limited liability company, and its successors and assigns in such capacity pursuant to the Organizational Documents.
Tax Credit Investor means Masuda Partners LLC., a Virginia limited liability company, or its affiliate and their permitted respective successors and assigns.
Tax Credit Investor means the entity that purchases tax credits awarded for the Minimum Improvements under the Tax Credit Law.