Tax Loss Insurance Policy means the policy of insurance issued by a Tax Loss Insurer with respect to a Financing Fund naming such Financing Fund and the related Managing Member as insureds and such Financing Fund as loss payee, in form and substance (including, but not limited to, amounts and coverage period) approved by the Agent in its sole discretion.
Tax Loss Insurance Policy means a tax loss insurance policy issued by the Tax Loss Insurer(s), with respect to each Partnership Flip Project Company.
Tax Loss Insurance Policy means, with respect to any Financing Fund, the policy of insurance issued by the Tax Loss Insurer on the initial Closing Date (with respect to the Initial Solar Assets) or on the applicable Transfer Date (with respect to any Qualified Additional Solar Asset) with respect to such Financing Fund naming such Financing Fund and the related Managing Member as insureds and the Indenture Trustee on behalf of the Noteholders as loss payee. [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
Examples of Tax Loss Insurance Policy in a sentence
The Administrative Agent shall be satisfied with the results of any due diligence of the Financing Funds, the SAP Financing Documents, the Tax Equity Financing Documents and the transactions contemplated by the SAP Financing Documents and Tax Equity Financing Documents, including receipt of fully executed Tax Equity Financing Documents and any related Tax Loss Insurance Policy, in its sole discretion.
More Definitions of Tax Loss Insurance Policy
Tax Loss Insurance Policy means each of the TEP IV-A Tax Loss Insurance Policy and the TEP IV-B Tax Loss Insurance Policy.
Tax Loss Insurance Policy means a tax loss insurance policy issued by a certain syndicate of Lloyd's, London, with respect to each Partnership Flip Project Company.
Tax Loss Insurance Policy means the insurance policy whereby, subject to certain exceptions, the [***] Tax Loss Policy Insurers agree to indemnify [***] Project Company for additional income taxes, penalties and/or interest (and related gross-up) as a result of the invalidity or disallowance of the Insured Tax Treatment as determined by a final non-appealable judgment or settlement with the Internal Revenue Service, up to a maximum of $[***], so long as the claim is reported to the insurers during the policy term.
Tax Loss Insurance Policy each of the TEP II/II-B Tax Loss Insurance Policies and the TEP III Tax Loss Insurance Policy. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.