Common use of Certificates and Elections Clause in Contracts

Certificates and Elections. (a) The General Partner shall file the First Year Certificate within 90 days following the close of the taxable year during which Completion of Construction occurs and thereafter shall timely file any certificates which the Partnership must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the Code.

Appears in 65 contracts

Samples: Guaranty Agreement, Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11), Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

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Certificates and Elections. (a) The General Partner shall file the First Year Certificate within 90 days following the close of the taxable year during which Completion of Construction occurs and thereafter shall timely file any certificates which the Partnership must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the Code. (b) The General Partner, with the Consent of the Special Limited Partner, may, but is not required to, cause the Partnership to make or revoke the election referred to in Section 754 of the Code, as amended, or any similar provisions enacted in lieu thereof.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Certificates and Elections. (a) The General Partner Managing Member shall file the First Year Certificate within 90 days following the close of the taxable year during which Completion of Construction occurs and thereafter shall timely file any certificates which the Partnership Company must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the Code.

Appears in 1 contract

Samples: Operating Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Certificates and Elections. (a) The General Partner shall file the First Year Certificate within 90 days following the close of the taxable year during which Completion of Construction Rehabilitation occurs and thereafter shall timely file any certificates which the Partnership must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the Code.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Certificates and Elections. (a) The General Partner Managing Member shall file the First Year Certificate within 90 days following the close of the first taxable year during which Completion of Construction occurs in the Tax Credit Period with respect to any qualified low-income building and thereafter shall timely file any certificates which the Partnership Company must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the Code.

Appears in 1 contract

Samples: Operating Budget Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

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Certificates and Elections. (a) The General Partner shall file the First Year Certificate within 90 days following the close of the taxable year during which Completion of Construction occurs and thereafter shall timely file any certificates which the Partnership must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the Code. (b) The General Partner, with the Consent of the Special Limited Partner, may, but is not required to, cause the Partnership to make or revoke the election referred to in Section 754 of the Code, or any similar provisions enacted in lieu thereof.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Certificates and Elections. (a) The General Partner shall file the First Year Certificate within 90 days following the close of the taxable year during which Completion of Construction occurs and thereafter shall timely file any certificates which the Partnership must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the CodeCode and Section 135.352 of the RsMO.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Certificates and Elections. (a) The General Partner shall file the First Year Certificate Certificates within 90 days following the close of the taxable year during which Completion of Construction occurs and thereafter shall timely file any certificates which the Partnership must furnish to federal or state governmental authorities administering the Tax Credit programs under Section 42 of the Code.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

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