Examples of Recapture Event in a sentence

In consideration therefor, the Company hereby agrees that if there shall occur a Recapture Event (as defined below) after the after the date hereof, the Company shall pay to the Agency, or to the State, if so directed by the Agency (except as otherwise specified below) as a return of public benefits conferred by the Agency, one hundred percent (100%) of the Recaptured Benefits.
In consideration therefor, the Company hereby agrees that if there shall occur a Recapture Event (as defined below) after the date hereof, the Company shall pay to the Agency, or to the State of New York, if so directed by the Agency (except as otherwise specified below) as a return of public benefits conferred by the Agency, one hundred percent (100%) of the Recaptured Benefits.

More Definitions of Recapture Event

Recapture Event has the meaning ascribed to such term in Section 5.4 of the Lease Agreement.

Recapture Event means any event or condition that causes or results in a disallowance or recapture of all or any portion of the New Markets Tax Credits pursuant to Section 45D(g) of the Code or the Treasury Regulations or guidance thereunder.

Recapture Event shall have the meaning set forth in Section 10.6(a).

Recapture Event means an event within the meaning of Section 50 of the Code and the Treasury Regulations thereunder that results in a reduction, denial or recapture of the ITC, or a portion thereof, by any Governmental Authority, at either the Company level or from any individual Member.

Recapture Event shall have the meaning specified in Section 9.03.

Recapture Event shall have the meaning attributed thereto in Section 6.1.

Recapture Event shall have the meaning specified in the Reinsurance Agreement.