Common use of QUALIFYING USE Clause in Contracts

QUALIFYING USE. Applicant’s property which is the subject of a limitation on the local ad valorem property values under this Agreement is eligible for a tax limitation as a renewable energy electric generation facility under §313.024(b)(5) of the Code.

Appears in 19 contracts

Sources: Limitation on Appraised Value Agreement, Limitation on Appraised Value Agreement, Limitation on Appraised Value Agreement