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.