Tax Credit Purchaser definition

Tax Credit Purchaser has the meaning set forth in Section 6.5(b).
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Tax Credit Purchaser means any Person selected by Seller and its Affiliates, subject to the approval of Purchaser (which approval shall not be unreasonably withheld or delayed), as the counterparty to any Tax Credit Transfer Transaction entered into as part of the Tax Equity Financing.
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Tax Credit Purchaser means the purchaser of the Missouri Brownfields Credits or the Missouri Historic Tax Credits,
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Examples of Tax Credit Purchaser in a sentence

  • As of the related Transfer Date for such Tax Equity Fund, no notice or action challenging the tax structure, tax basis validity, tax characterization or tax-related legal compliance of such Tax Equity Fund or the tax benefits associated with such Tax Equity Fund is ongoing or has been resolved in a manner materially adverse to such Tax Equity Fund or the related Managing Member, or the Borrower, the related Tax Equity Investor or any related Tax Credit Purchaser.

  • If the Tax Equity Fund and/or its Managing Member is party to a Tax Credit Sale Contract, each such Tax Credit Sale Contract that has not been terminated or expired (including as a result of the commitments of the related Tax Credit Purchaser having been fully utilized) is a Permitted Tax Credit Sale Contract and the related Tax Credit Purchaser(s) are not in default of their purchase obligations thereunder.

  • Simultaneously with or prior to the Closing, Seller Parent shall have executed, and delivered to (i) the Tax Equity Investor, the Seller Tax Equity Guaranty in respect of the First Funded Project, (ii) the Administrative Agent, the Seller Cash Diversion Guaranty in respect of the First Funded Project, and (iii) any Tax Credit Purchaser, the Seller Tax Credit Transfer Guaranty in respect of the First Funded Project, if applicable.

  • Simultaneously with or prior to the Closing, Purchaser Parent shall have executed, and delivered to (i) the Tax Equity Investor, the Purchaser Tax Equity Guaranty in respect of the First Funded Project, (ii) the Administrative Agent, the Purchaser Cash Diversion Guaranty in respect of the First Funded Project, and (iii) any Tax Credit Purchaser, the Purchaser Tax Credit Transfer Guaranty in respect of the First Funded Project, if applicable.

  • One is in the Tokyo area in spring, and the other outsideTokyo in one of six different areas in fall.


More Definitions of Tax Credit Purchaser

Tax Credit Purchaser has the meaning set forth in Section 6.5(b). “Tax Escrow Amount” means $10,000,000, as such amount is adjusted in accordance with Section 6.7, which amount shall secure the Sellers’ obligations under Section 6.7.
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Tax Credit Purchaser has the meaning set forth in the definition of Tax Credit Sale Contract. “Tax Credit Purchaser Breach Sweep Fund” means a Tax Equity Fund whose Project Documents reduce, limit, suspend or otherwise restrict distributions to the Managing Member in respect of a breach of the Tax Credit Purchaser’s obligation to purchase ITCs under the related Tax Credit Sale Contract (any such Tax Credit Sale Contract in respect of which the distributions to the Managing Member may be reduced, limited, suspended or in respect of which distributions to the Managing Member may be otherwise restricted, in each case, upon the occurrence of a breach thereof, a “Breach Sweep Tax Credit Sale Contract”). “Tax Credit Sale Contract” means any contract for the sale of ITCs between a Tax Equity Opco described in clause (i) of the definition thereof and an unrelated third party (a “Tax Credit Purchaser”). “Tax Equity Fund” means (i) the Initial Tax Equity Fund and (ii) each additional Eligible Tax Equity Structure for which the Managing Member thereof is acquired from time to time pursuant to Section 3.4 hereof, in each case, which has not been removed by the Borrower pursuant to Section 7.14 hereof. The Tax Equity Funds are listed on Schedule XI hereto, as such Schedule may be updated from time to time in accordance with this Agreement. “Tax Equity Fund Guaranty” means a guaranty by the Sponsor or Vivint Solar of the obligations of a Managing Member issued in connection with any applicable Tax Equity Fund. “Tax Equity Investor” means the investor in a Tax Equity Structure, other than the Managing Member or any of its affiliates. “Tax Equity Investor Distributions” means the aggregate distributions made by the Tax Equity Funds to the Tax Equity Investors during the related Collection Period, including any
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Tax Credit Purchaser has the meaning set forth in the definition of Tax Credit Sale Contract.
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Related to Tax Credit Purchaser

  • Foreign Purchaser has the meaning assigned thereto in Section 8(d).

  • Selling Lender has the meaning specified in Section 11.7 (

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Conduit Purchaser means each commercial paper conduit that is or becomes a party to this Agreement in the capacity of a “Conduit Purchaser”.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • Committed Purchaser means each Person listed as such as set forth on the signature pages of this Agreement.

  • Tax credit certificate means a certificate issued by the office that:

  • State Purchasing Agent means the director of the purchasing division of the general services department.

  • Loan Investor means any person (including an Agency) having a beneficial interest in any mortgage loan originated, purchased or serviced by the Company or any Company Subsidiary or a security backed by or representing an interest in any such mortgage loan; and

  • Input Tax Credit means the credit of input tax;

  • Exempt commercial purchaser means any person purchasing commercial insurance that, at the time of placement, meets the following requirements:

  • Takeout Commitment means a commitment of Seller to sell one or more Mortgage Loans to a Takeout Investor, and the corresponding Takeout Investor’s commitment back to Seller to effectuate the foregoing.

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Governmental Lender means the City of Los Angeles, a municipal corporation and charter city of the State of California and any successor under this Funding Loan Agreement and the Funding Loan Documents.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • U.S. Purchaser means any purchaser of the Offered Securities that is, or is acting for the account or benefit of, a person in the United States, or any person offered the Offered Securities in the United States.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • foreign investor means a natural person of a third country or an undertaking of a third country, intending to make or having made a foreign direct investment;

  • Purchasing group means any group which:

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Takeout Investor means any institution which has made a Takeout Commitment and has been approved by Buyer, in its sole and absolute discretion.

  • Designated Purchaser has the meaning set forth in Section 7.11(b).