Tax credit term definition

Tax credit term means the period of time commencing with the
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Tax credit term means the period of time commencing with the first issuance of tax credits and continuing during the period in which the recipient of a grant of tax credits is eligible to apply the tax credits pursuant to section 7 of P.L.2004, c.65 (C.34:1B-115.3); and
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Tax credit term has the meaning set forth in Section 2.1(a).
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Examples of Tax credit term in a sentence

  • The Term shall commence on the Effective Date and terminate upon the latest to occur of (i) (A) the expiration of the Tax Credit Term, or (B) the expiration of any Similar Tax Credit; or (ii) the date on which Licensee and all Sublicensees permanently cease to provide Mercury Only Emissions Control to all Subject Utilities pursuant to the license grant specified in Section 2.1(b) herein; or (iii) such other date as provided herein.


More Definitions of Tax credit term

Tax credit term means the period between November 3, 2006 until the expiration of the later of (i) the Section 45 Tax Credits for the production of Refined Coal (taking into account any extensions or the pendency of any proposed extension thereof) or (ii) any Similar Tax Credit.
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Related to Tax credit term

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

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

  • Input Tax Credit means the credit of input tax;

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • working tax credit means a working tax credit under section 10 of the Tax Credits Act 2002;

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Credit hour means 50 minutes of classroom instruction in

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.

  • Benchmark Unavailability Period means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14 and (b) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14.

  • Credit Period means with respect to any building that is included in a Tax Credit Project, the period of 10 years beginning with (i) the taxable year in which the building is Placed In Service, or (ii) at the election of the Developer, the succeeding taxable year.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.