Placed In Service Sample Clauses

Placed In Service. (i) Property shall be considered as placed in service at the time the property is placed in a condition or state of readiness and availability for a specifically assigned function. If an entire facility is leased under one lease, property which is part of the facility will not be considered placed in service under this rule until the entire facility is placed in service. If the lessee claims any investment tax credit or ACRS deductions with respect to any component which is part of an entire facility that is subsequently leased, the lessee must file an amended return within the time prescribed in paragraph (b)(2)(ii) of this section in which it foregoes its claim to the in- vestment tax credit and ACRS deduc- tions. If such amended return may not be filed because the time for filing a claim for refund with respect to any component under section 6511 has ex- pired, each component of the facility will be considered as placed in service at the time the individual component is placed in a condition or state of readiness and availability for a specifi- xxxxx assigned function and not when the entire facility is placed in service.
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Placed In Service. The Project was Placed in Service on the date set out on Exhibit B hereto. For this purpose, the Financed Facility is considered to be Placed in Service as of the date on which, based on all the facts and circumstances: (1) the constructing and equipping of the Financed Facility has reached a degree of completion which would permit its operation at substantially its designed level and
Placed In Service. Schedule I hereto specifically identifies, to the extent known to the Company with respect to Aircraft not first placed in service by the Company, if the Aircraft was first placed in service after October 22, 1994 or was acquired by the Company with the proceeds of the Credit Agreement ("Section 1110 Property"). Each Security Agreement Supplement adding a Replacement Engine to be subject to the Lien of this Security Agreement shall also identify to the extent known to the Company whether such Engine was first placed in service after October 22, 1994.]**/ ------------------- **/ The Company agrees that this Security Agreement will grant to the Agent the benefits of Section 1110 if such Section applies to the Airframe, any Engine or any Replacement Engine.
Placed In Service. Schedule I hereto specifically identifies, to the extent known to the Company with respect to Engines not first placed in service by the Company, each Engine first placed in service after October 22, 1994 ("Section 1110 Engines"). Each Security Agreement Supplement adding an Engine to be subject to the Lien of this Security Agreement shall also identify, to the extent known to the Company whether such Engine was first placed in service after October 22, 1994.
Placed In Service. The Project was “placed in service” on the date set out on Schedule 2 to this Final Written Allocation. For this purpose, the assets are considered to be “placed in service” as of the date on which, based on all the facts and circumstances: (a) the constructing and equipping of the asset has reached a degree of completion which would permit its operation at substantially its design level; and (b) the asset is, in fact, in operation at that level. This allocation has been prepared based on statutes and regulations existing as of this date. The City reserves the right to amend this allocation to the extent permitted by future Treasury Regulations or similar authorities. CITY OF CHESTERFIELD, MISSOURI By: Title: Dated: Name of Legal Counsel/Law Firm Reviewing Final Written Allocation: Date of Review: SCHEDULE 1 TO FINAL WRITTEN ALLOCATION ALLOCATION OF SOURCES AND USES [Insert Spreadsheet] SCHEDULE 2 TO FINAL WRITTEN ALLOCATION IDENTIFICATION OF FINANCED ASSETS & DETAILED LISTING OF EXPENDITURES [Insert Spreadsheet] EXHIBIT F TAX-ADVANTAGED FINANCING COMPLIANCE POLICY AND PROCEDURE EXHIBIT D FOURTH SUPPLEMENTAL DECLARATION OF TRUST [On file in the office of the City Clerk] FOURTH SUPPLEMENTAL DECLARATION OF TRUST by XXXXX FARGO BANK, N.A., as Trustee Dated as of October 1, 2020 $[Principal-A] CERTIFICATES OF PARTICIPATION (CITY OF CHESTERFIELD, MISSOURI, LESSEE) SERIES 2020A $[Principal-B] TAXABLE REFUNDING CERTIFICATES OF PARTICIPATION (CITY OF CHESTERFIELD, MISSOURI, LESSEE) SERIES 2020B Evidencing a Proportionate Interest in Basic Rent Payments to be Made by the City of Chesterfield, Missouri Pursuant to an Annually-Renewable Lease Purchase Agreement TABLE OF CONTENTS PAGE Parties 1
Placed In Service. Each Current Project has been Placed-In-Service prior to the applicable Borrowing Date with respect to each such Current Project.
Placed In Service. The Equipment was “placed in service” on the date set out on Schedule 2 to this Final Written Allocation. For this purpose, the assets are considered to be “placed in service” as of the date on which, based on all the facts and circumstances: (1) the constructing and equipping of the asset has reached a degree of completion which would permit its operation at substantially its design level; and (2) the asset is, in fact, in operation at that level. This allocation has been prepared based on statutes and regulations existing as of this date. The City reserves the right to amend this allocation to the extent permitted by future Treasury Regulations or similar authorities. CITY OF SPRINGFIELD, MISSOURI By: Title: Dated: Name of Legal Counsel/Law Firm Reviewing Final Written Allocation: Date of Review: SCHEDULE 1 TO FINAL WRITTEN ALLOCATION ALLOCATION OF SOURCES AND USES [Attach Spreadsheet after acquisition and installation of the Equipment is completed.] SCHEDULE 2 TO FINAL WRITTEN ALLOCATION IDENTIFICATION OF FINANCED ASSETS AND DETAILED LISTING OF EXPENDITURES [Attach Spreadsheet after acquisition and installation of the Equipment is completed.] EXHIBIT F DECLARATION OF INTENT [See Document 5 (City’s Ordinance) in the Transcript of Documents.] RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SPRINGFIELD, MISSOURI DETERMINING ITS INTENT TO REIMBURSE ITSELF FOR CERTAIN CAPITAL EXPENDITURES.
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Placed In Service. The Project was “placed in service” on the date set out on Schedule 2 to this Final Written Allocation. For this purpose, the assets are considered to be “placed in service” as of the date on which, based on all the facts and circumstances: (a) the constructing and equipping of the asset has reached a degree of completion which would permit its operation at substantially its design level; and
Placed In Service. The phrase “Placed-In-Service” shall mean the time when the City has received all required documentation from the Owner necessary to issue the final certificate(s) of occupancy, and certificate(s) of completion, and received the executed bill of sale and utility and maintenance/access easements (as applicable). The City shall be afforded thirty (30) days to independently verify Owner’s compliance with the foregoing.
Placed In Service. The 2018 Project was Placed in Service on the date set out on Exhibit B hereto. For this purpose, the Financed Facilities are considered to be Placed in Service as of the date on which, based on all the facts and circumstances: (1) the constructing and equipping of the Financed Facilities have reached a degree of completion that would permit their operation at substantially their designed level, and
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