Tax Credits definition

Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

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.

Tax Credits means any and all (a) investment tax credits, (b) production tax credits and (c) similar tax credits or grants under federal, state or local law relating to the construction, ownership or production of energy from the System.

Examples of Tax Credits in a sentence

• Provider shall use commercially reasonable efforts to: (i) cooperate with Customer in obtaining and securing for the benefit of Customer any and all 45W Tax Credits, (ii) not make any filing or statements inconsistent with Customer’s ownership interests in the 45W Tax Credit, and (iii) immediately pay or deliver to Customer the value of any 45W Tax Credit that is, directly or indirectly, paid to, delivered to, or otherwise realized by Provider.

• From and after the Effective Date through the second anniversary of the Operational Date, Provider and Customer shall use reasonable efforts to enable Customer to claim and receive the maximum amount of available 45W Tax Credits (up to $40,000.00/Vehicle) for the Vehicles under the direct pay option made available under the IRA.

More Definitions of Tax Credits

Tax Credits means the PTC, ITC and any other state, local or federal production tax credit, depreciation benefit, tax deduction or investment tax credit specific to the production of renewable energy or investments in renewable energy facilities.

Tax Credits means federal low income housing tax credits, as authorized by Section 42.

Tax Credits means any state, local and federal production and investment tax credits, tax deductions, or other tax benefits specific to the production of renewable energy or investments in renewable energy facilities.

Tax Credits means energy credits under Section 48 of the Internal Revenue Code of 1986, as amended, or any successor to such section.

Tax Credits means all credits against income or franchise taxes and credits allowable to Members under state, federal or other tax statutes.

Tax Credits means the low income housing tax credits made available by the Authority to the Sponsor for rehabilitation of the Housing Development by the Sponsor in accordance with the Low Income Housing Tax Credit Program administered by the Authority under Section 42 of the Internal Revenue Code of 1986, as amended.

Tax Credits means federal 9% Low Income Housing Tax Credits granted pursuant to Section 42 of the Internal Revenue Code and/or California Revenue and Taxation Code Sections 17057.5, 17058, 23610.4 and 23610.5 and California Health and Safety Code Section 50199, et seq.