Exempt Use definition
Examples of Exempt Use in a sentence
The Contractor may issue an Exempt Use Certificate (Form ST-12) or request one from the Company.
Buyer and Seller each hereby agrees not to request an adjustment to the “Base Year Value” for the South Project Area as a result of any Transfer permitted under this Agreement to any entity for a Tax Exempt Use.
Owner will issue to Contractor an NJ ST-4 Exempt Use Certificate no later than 3 business days after Notice to Proceed.
None of the assets of the Company Group is tax exempt use property within the meaning of Section 168(h) of the Code (“Tax Exempt Use Property”).
Promptly following the Closing, Purchaser shall prepare in good faith, and Seller shall accept from Purchaser, a New York State and Local Exempt Use Certificate and a New York State and Local Sales and Use Tax Certificate of Capital Improvement in connection with the exemption of the applicable Conveyed Assets from the New York State and Local Sales and Use Tax; provided, that Seller shall have a reasonable opportunity to participate in the preparation of and comment on such certificates.