Investment Credit Sample Clauses

Investment Credit. The investment credit is equal to ten percent of the amount of investment in qualified property, as determined in paragraph 9 of this Agreement, that will be located and used at the project. Sales Tax Refunds
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Investment Credit. The Board agrees that any investment tax credit with respect to the Project or any part thereof shall be made available to the Company, and the Board will fully cooperate with the Company in any effort by the Company to avail itself of any such investment tax credit, but neither the Board nor the Trustee shall have any responsibility or liability for the Company's failure to receive any such investment tax credit. The Board agrees to cause the Trustee to cooperate in making any investment tax credit available to the Company.
Investment Credit. The Issuer agrees that any investment ----------------- tax credit with respect to the Project or any part thereof shall be made available to the Company, and the Issuer will fully cooperate with the Company in any effort by the Company to avail itself of any such investment tax credit, but neither the Issuer nor the Trustee shall have any responsibility or liability for the Company's failure to receive any such investment tax credit. The Issuer agrees to cause the Trustee to cooperate in making any investment tax credit available to the Company.
Investment Credit. To the extent permissible by law, the Lessor agrees to elect and take all other action necessary to pass on to the Tenant any investment credits allowable for federal, state and local income tax purposes in regard to any item of property leased hereunder.
Investment Credit. Landlord shall have the right or interest in any investment credits allowed by any law, as to the Leased Premises. Tenant shall have the right or interest in any investment credits allowed by any law, as to any Improvements or any additions or expansion to same.
Investment Credit. Landlord hereby elects under the provisions of the Internal Revenue Code of 1986, as amended (the “Code”), to pass through to Tenant all investment tax credits which may be applied from time to time in respect of the Leased Property or any part thereof under Section 38 of the code (or under the corresponding section of any U.S. income tax law at any time in effect during the Term of this Lease). Landlord agrees, at Tenant’s expense, to execute timely all documents prepared by Tenant and delivered to Landlord in advance and required by the Code and regulations issued thereunder to enable Tenant to obtain such investment tax credits.
Investment Credit. 20.1. The amounts drawn down under investment credit and the relevant interest must be repaid by means of agreed instalments. The credit facility will be suspended for a sum equal to the repayments of the investment credit until a new form of use has been agreed in mutual consultation between the bank and the borrowers. lf drawings are spread out in time, this does not mean that the principal need not be repaid as agreed, even if this were to mean that the borrowers would have lo repay principal that they have not yet drawn down. In the latter case, the bank is not obliged to pay interest or any other compensation to the borrowers.
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Investment Credit. (a) CONTRACTOR may recover an investment credit amounting to fifteen point seven eight zero zero percent (15.7800%) of the capital investment cost directly required for developing Crude Oil production facilities (as provided under Article II paragraph 2.3.3 of Exhibit “C” hereof) out of deduction from gross production before recovering Operating Costs, commencing in the earliest production Year or Years before tax deduction (to be paid in advance in such production Year when taken).
Investment Credit. 21 ARTICLE VII DAMAGE, DESTRUCTION AND CONDEMNATION......................... 22
Investment Credit. The County agrees that any investment tax credit with respect to the Project or any part thereof shall be made available to the Company, and the County will fully cooperate with the Company in any effort by the Company to avail itself of any such investment tax credit, but, neither the County nor the Trustee shall have any responsibility or liability for the Company's failure to receive any such investment tax credit. The County agrees to cause the Trustee to cooperate in making any investment tax credit available to the Company.
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