Tax Credit Laws definition

Tax Credit Laws shall have the meaning set forth in Paragraph 23(a) of this Agreement.
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Tax Credit Laws means Section 42 of the Code and the regulations promulgated thereunder, as the same may be amended from time to time.
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Tax Credit Laws shall have the meaning set forth in Section 6.11(a).
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Examples of Tax Credit Laws in a sentence

  • The Tenderer is to warrant that it has made and relied upon all its own investigations.

  • If the Project consists of more than one Building, then the terms and requirements for the sale of one or more but not every Building in the Project shall be governed by the Tax Credit Laws and other applicable law.

  • Such procedures and provisions of the Tax Credit Laws are expressly incorporated herein and shall be binding upon the Owner.

  • Then Mor- riston (UK) Hospital- based orthopedic spinal consultant surgeon Iona Collins, atthe hospital’s new spinal unit, decided to try a new procedure instead.

  • This Agreement may only be amended by a written instrument in recordable form signed by the Commission and the Owner; provided, however, the Owner, all Bound Parties and all Indemnitors acknowledge and agree that certain provisions of the Tax Credit Laws may change or be amended from time to time, and the Commission shall have the right to amend this Agreement, in its sole discretion, to the extent necessary to comply with or be consistent with such changes or amendments.

  • Buyer acknowledges that the failure to operate the Property in compliance with the Regulatory Agreements and Tax Credit Laws may cause the recapture (and/or related liability) of all or a portion of such Tax Credits and/or result in other significant damages and economic loss related to the Tax Credits.

  • As- suming that this correlation is canceled out by hot and dense matter effect leads to a much smaller contribution (stated as cc¯ ee random correlation on the plot) thus leaving significant room for e.g. thermal radiations.Figure 7 shows the centrality dependence of the yield for three mass regions: below 100 MeV/c2, from 150 to 750 MeV/c2 and 1.2 to 2.8 GeV/c2.

  • Except as otherwise set forth in this Paragraph 23, Buyer shall have no obligations or liabilities to the Seller Indemnified Parties, whether to indemnify, perform covenants, or to pay any damages, costs, or expenses, with respect to any noncompliance with any Regulatory Agreement or with the Tax Credit Laws, to the extent such noncompliance occurred prior to Closing (“Prior Noncompliance”).

  • The chairperson shall be the facility superintendent or designee and the other three (3) members shall be from the education department, treatment department, and custody department as designated by the commissioner.(2) All decisions of the administrative review committee shall be unanimous.(3) The administrative review committee shall meet in accordance with a schedule approved by the chairperson.

  • COMPLIANCE MONITORING AND REPORTING REQUIREMENTS The Owner shall comply with the compliance monitoring, record keeping, certification, reporting and other requirements described in this Section 5, the Qualified Allocation Plan, WAC 262-01-130(16), the Policies, the Low-Income Housing Tax Credit Compliance Manual, and the Tax Credit Laws, as the same may be amended.


More Definitions of Tax Credit Laws

Tax Credit Laws shall have the meaning set forth in Paragraph 23(a) of this Agreement. “Tax Credits” shall have the meaning set forth in Paragraph 23(a) of this Agreement. “Tenant Deposits” shall mean the deposits, if any, made by Tenants (including any interest accrued and unpaid thereon for the benefit of Tenants) less the amount such deposits have been charged, offset or otherwise reduced by Seller as permitted under the Tenant Leases or under applicable law. “Tenant Leases” shall mean the agreements affecting the Property pursuant to which Tenants are leasing, renting and/or occupying space within the Improvements. “Tenant Notice Letter” shall mean a Tenant Notice Letter in the form of Exhibit “F” attached hereto. “Tenants” shall mean the tenants of the Real Property and Improvements as of the Closing. “Threshold Amount” shall mean an amount equal to the product of (a) ten percent (10%) times (b) the Purchase Price. “Title Commitment” shall have the meaning set forth in Paragraph 8(a) of this Agreement. “Title Company” shall mean Chicago Title Insurance Company. “Title Policy” shall have the meaning set forth in Paragraph 9(a)(ii) of this Agreement. 5 “Title Requirements” shall mean those requirements set forth in the Title Commitment which are to be performed or otherwise satisfied as a condition to the issuance of the Title Policy by the Title Company. 2.
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Related to Tax Credit Laws

  • Letter of Credit Exposure means, with respect to any Lender, at any time, the sum of (a) the Dollar Equivalent amount of the principal amount of any Unpaid Drawings in respect of which such Lender has made (or is required to have made) payments to the Letter of Credit Issuer pursuant to Section 3.4(a) at such time and (b) such Lender’s Revolving Credit Commitment Percentage of the Letters of Credit Outstanding at such time (excluding the portion thereof consisting of Unpaid Drawings in respect of which the Lenders have made (or are required to have made) payments to the Letter of Credit Issuer pursuant to Section 3.4(a)).

  • Defaulting Lender Fronting Exposure means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Bank, such Defaulting Lender’s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

  • Revolving Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Letter of Credit Usage means, as at any date of determination, the sum of (i) the maximum aggregate amount which is or at any time thereafter may become available for drawing under all Letters of Credit then outstanding plus (ii) the aggregate amount of all drawings under Letters of Credit honored by Issuing Lenders and not theretofore reimbursed out of the proceeds of Revolving Loans pursuant to subsection 3.3B or otherwise reimbursed by Company.