Tax Equity Structure definition

Tax Equity Structure means a Partnership Flip Structure, an Inverted Lease Structure.
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Tax Equity Structure means a Partnership Flip Structure, an Inverted Lease Structure or such other tax equity structure acceptable by the Administrative Agent and Lenders in their sole discretion.
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Tax Equity Structure means a Partnership Flip Structure or an Inverted Lease Structure. “Tax Equity Structure Characteristics” means the Partnership Flip Structure Characteristics or the Inverted Lease Structure Characteristics, as applicable. “Tax Loss Policy Deductible” means, with respect to each Tax Equity Fund that has an ITC Insurance Policy, the aggregate unapplied retention amount, deductible, or similar amount, if any, of each ITC Insurance Policy maintained for such Tax Equity Fund; provided that with respect to any ITC Insurance Policy that is a master policy the unapplied retention amount, deductible, or
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Examples of Tax Equity Structure in a sentence

  • The incurrence by the Borrower of the indebtedness pursuant to the Credit Agreement does not violate the Project Documents with respect to such Tax Equity Structure.

  • Each of the Tax Equity Structure Characteristics is true and correct with respect to such Tax Equity Fund.

  • The related Managing Member (i) is a special purpose limited liability company that is disregarded for federal income tax purposes and has been duly formed in accordance with and, is in good standing under, the laws of its jurisdiction of formation, (ii) owns no assets other than (x) its Equity Interests in one Tax Equity Opco as set forth on Schedule XI of the Credit Agreement, (y) its contractual rights arising from the Project Documents related to such Tax Equity Structure and (z) related assets.

  • Each Tax Equity Structure substantially conforms with the applicable characteristics set forth in Appendix 11.

  • An Electronic Copy is being maintained by (a) the Maintenance Services Provider on behalf of the related Subject Fund (in the case of any Tax Equity Structure or Other Financed Structure) or Investor, as the case may be, or (b) the Manager on behalf of the Subject Fund (in the case of any Other Non-Financed Structure) and such Electronic Copy is a true and complete copy of such original Customer Agreement and any material amendments or modifications thereto.

  • The Managing Member (i) has entered into only one tax equity transaction, namely the applicable Tax Equity Structure, and has entered into no agreements other than the related Project Documents and (ii) owns no assets other than (x) its Equity Interests in the Subject Fund related to such Tax Equity Structure as set forth on Appendix 2 and (y) its contractual rights arising from the Project Documents related to such Tax Equity Structure.

  • The related Managing Member (i) is a special purpose limited liability company that is disregarded for federal income tax purposes and has been duly formed in accordance with and, is in good standing under, the laws of its jurisdiction of formation, (ii) owns no assets other than (x) its Equity Interests in one Tax Equity Opco as set forth on Schedule V of the Credit Agreement, (y) its contractual rights arising from the Project Documents related to such Tax Equity Structure and (z) related assets.

  • As of the Second Restatement Date, (i) with respect to each Subject Fund that is a Tax Equity Structure, each of the Tax Equity Representations is true, complete and correct and (ii) with respect to each Subject Fund that is an Other Structure (if any), each of the Other Structure Representations is true, complete and correct.

  • As of the Closing Date, (i) with respect to each Subject Fund that is a Tax Equity Structure, each of the Tax Equity Representations is true, complete and correct and (ii) with respect to each Subject Fund that is an Other Structure (if any), each of the Other Structure Representations is true, complete and correct.

  • As of the Restatement Date, (i) with respect to each Subject Fund that is a Tax Equity Structure, each of the Tax Equity Representations is true, complete and correct and (ii) with respect to each Subject Fund that is an Other Structure (if any), each of the Other Structure Representations is true, complete and correct.