Common use of Excess Tax Credits Clause in Contracts

Excess Tax Credits. The investment tax credit, alternate minimum tax credit, research and development credit, energy tax credit or other similar credit that would be allowable in the consolidation (were it not for a limitation provided by law) in excess of the amount of such credits which could be utilized on a separate return basis with regard to such limitations. EUA and the AFFILIATES agree as follows:

Appears in 4 contracts

Samples: Eastern Utilities Associates, Eastern Utilities Associates, Eastern Utilities Associates

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