Section 29 Credits definition

Section 29 Credits means *****. “Venture’s Pre-Tax Operating Cash Flow” shall mean *****.
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Section 29 Credits has the meaning set forth in Section 3.11.
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Section 29 Credits has the meaning given in Section 7.1(i).
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Examples of Section 29 Credits in a sentence

  • If such Section 29 Credits become available, then the parties will negotiate in good faith an addendum to this Agreement to implement such ***** % discount.

  • If any Coke qualifies for a non-conventional fuels tax credit under Section 29 of the Internal Revenue Code of 1986, as amended, or any similar or successor provision (“Section 29 Credits”), then the Contract Price shall be reduced (as such Section 29 Credits are earned) by an amount equal to ***** percent (***** %) of the net economic value realized by Seller from such Section 29 Credits, if and when the transactions which cause Seller to realize and monetize such Section 29 Credits are finalized.

  • If such Section 29 Credits become available, then the parties will negotiate in good faith an addendum to this Agreement to implement such *****% discount.

  • The Company will have no liability to any Holder arising from any action taken with respect to the EARTHCO Plants, the EARTHCO Business Entities, the availability of the Section 29 Credits, or the matters described in Section 515 except to the extent arising from the Company's failure to perform or breach of any express covenant or warranty of the Company in this Agreement or in the Certificate.

  • Enron shall pay to EOG on the date of the execution of this Agreement the net amount of $669,184 related to the net underreporting of Section 29 Credits for the taxable years 1992 through 1994 (which is comprised of $956,346 related to underreporting, and $ 287,162 related to overreporting, of Section 29 Credits for such years), together with interest at the Interest Rate computed from the 15th day of the third month following the end of the taxable year to which the respective Section 29 Credits relate.

  • Realized Section 29 Tax Credits shall mean an amount equal to the Utilized AMT Credits multiplied by a fraction, the numerator of which is the difference between the Section 29 Credits less cumulative amounts paid by Alliant under this Section 7.1 (as may be adjusted under Section 7.2) and the denominator of which is the difference between the AMT Credits less cumulative amounts of Utilized AMT Credits.

  • If any Coke qualifies for a non-conventional fuels tax credit under Section 29 of the Internal Revenue Code of 1986, as amended, or any similar or successor provision (“Section 29 Credits”), then the Contract Price shall be reduced (as such Section 29 Credits are earned) by an amount equal to ***** of the net economic value realized by Seller from such Section 29 Credits, if and when the transactions which cause Seller to realize and monetize such Section 29 Credits are finalized.

  • If any Coke qualifies for a non-conventional fuels tax credit under Section 29 of the Internal Revenue Code of 1986, as amended, or any similar or successor provision (“Section 29 Credits”), then the Contract Price shall be reduced (as such Section 29 Credits are earned) by an amount equal to ***** percent***** (***** %) of the net economic value realized by Seller from such Section 29 Credits, if and when the transactions which cause Seller to realize and monetize such Section 29 Credits are finalized.


More Definitions of Section 29 Credits

Section 29 Credits means the credits provided by section 29 of the Code, prior to application of the limitation of section 29(b)(6) of the Code.
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Section 29 Credits means any credit against the United States federal income tax liability of the Company resulting from the production and sale of "qualified fuels" from the EARTHCO Plants to an unrelated person as provided for in Section 29 of the Internal Revenue Code.
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Related to Section 29 Credits

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • Employer Credits means the amounts credited to the Participant’s Deferred Compensation Account by the Employer pursuant to the provisions of Section 4.2.

  • Emission Reduction Credits means emission reductions that have been authorized by a local air pollution control district pursuant to California Health and Safety Code, Division 26 Air Resources, Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Auction Revenue Rights Credits means the allocated share of total FTR auction revenues or costs credited to each holder of Auction Revenue Rights, calculated and allocated as specified in Operating Agreement, Schedule 1, section 7.4.3, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.3.

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”