Placement In Service definition

Placement In Service have the meanings given to such terms for purposes of the Federal Investment Tax Credit.
Placement In Service means that the all or identifiable portions of the building is placed in a condition or state of readiness and availability for a specifically assigned function.
Placement In Service means placed in service for purposes of Section 42 of the Code.

Examples of Placement In Service in a sentence

  • The AB pair has a separation of 0′.′8, corresponding to 34 AU and a period of 300-430 years (Tokovinin 1999).


More Definitions of Placement In Service

Placement In Service means, with respect to a Facility, the date it is placed in service for purposes of Section 48 of the Code.
Placement In Service means the occurrence of the events necessary to establish placement in service thereof for purposes of Section 1.48-12(f)(2)of the Treasury Regulations, including, if applicable, the issuance of all necessary temporary or permanent certificates of occupancy from the applicable governmental jurisdiction(s) or authority(ies) with respect to such portion.
Placement In Service shall have occurred under Section 5.2.2 of the Development Agreement, and a final certificate of occupancy for the entire Project (the "CO") shall have been issued.
Placement In Service means, unless otherwise agreed to in writing by the Members, the receipt of all required licenses and permits relating to the Project (or portion thereof), the completion of any critical tests relating to the safety and functionality of the Project (or portion thereof), the commencement of daily or regular operations, and the synchronization of the Project (or portion thereof) into a power grid for generating electricity to produce income, all consistent with the Internal Revenue Service’s published guidance interpreting the terms “placement in service” and “placed in servicefor purposes of Section 48 of the Code.
Placement In Service means the placement in service of all dwelling units in the Project for purposes of Section 42 of the Code. Placement In Service Date means the date as identified in the Schedule.
Placement In Service means with respect to the Rehabilitation the occurrence of the events necessary to establish placement in service thereof for purposes of Section 1.48-12(f)(2) of the Treasury Regulations.

Related to Placement In Service

  • In-service means an educational program, which is designed to increase the knowledge, skills, and overall effectiveness of personnel.

  • 911 Service means a universal telephone number which gives the public direct access to the Public Safety Answering Point (“PSAP”). Basic 911 service collects 911 calls from one or more local exchange switches that serve a geographic area. The calls are then sent to the correct authority designated to receive such calls.

  • Age means the attained age of the Insured Person.