Applicant’s Qualified Investment definition

Applicant’s Qualified Investment means the Qualified Investment of the Applicant during the Qualifying Time Period and as more fully described in EXHIBIT 3 of this Agreement.
Applicant’s Qualified Investment means the Qualified Investment of the Applicant during theQualifying Time Period and as more fully described in EXHIBIT 3 of this Agreement.
Applicant’s Qualified Investment shall be that portion of the property described in EXHIBIT 3 which is placed in service under the terms of the Application, during the Qualifying Time Period.

Examples of Applicant’s Qualified Investment in a sentence

  • In the event the Applicant determines that it will not commence or complete construction of the Applicant’s Qualified Investment, the Applicant shall have the option, prior to the commencement of the Tax Limitation Period, to terminate this Agreement pursuant to Section 7.1 by notifying the District in writing of its exercise of such option.

  • In the event that the District successfully prosecutes legal proceedings under this section, the Applicant shall also be responsible for the payment of attorney’s fees to the attorneys representing the District pursuant to Section 6.30 of the TEXAS TAX CODE and a tax lien shall attach to the Applicant’s Qualified Property and the Applicant’s Qualified Investment pursuant to Section 33.07 of the TEXAS TAX CODE to secure payment of such fees.


More Definitions of Applicant’s Qualified Investment

Applicant’s Qualified Investment means the Qualified Investment of the Applicant

Related to Applicant’s Qualified Investment

  • Qualified investment has the meaning set forth in Section 313.021(1) of the TEXAS TAX CODE, as interpreted by the Comptroller’s Rules.

  • Applicant’s Qualified Property means the Qualified Property of the Applicant to which the value limitation identified in the Agreement will apply and as more fully described in EXHIBIT 4 of this Agreement.