State Designation means the date on which the Partnership receives an allocation in proper form pursuant to Section 42 of the Code from the Credit Agency of 1995 Tax Credits, as evidenced by the execution by or on behalf of the Credit Agency of one or more Form(s) 8609. For the purposes of determining State Designation, each building in the Apartment Complex shall be treated as having received an allocation of Tax Credit in an amount equal to the lesser of (i) the amount of Tax Credit carryover allocation received from the Credit Agency as to such building or (ii) the amount of Tax Credits set forth on the Form 8609 as to such building.
State Designation means the date upon which the Partnership receives the allocation by the authorized agency of the State of a Tax Credit for the buildings constituting the Apartment Complex in an annual dollar amount of not less than $31,171 as evidenced by the execution by or on behalf of such agency of Form(s) 8609. For the purposes of determining State Designation, each building in the Apartment Complex shall be treated as having received an allocation of Tax Credit in an amount equal to the lesser of (i) the amount of Tax Credit carryover allocation received from the authorized agency of the State as to such building or (ii) the amount of Tax Credit set forth on the Form 8609 as to such building.
State Designation means, with respect to the Apartment Complex, the final allocation by the Agency of Low-Income Housing Tax Credits, as evidenced by the receipt by the Partnership of IRS Form 8609 executed by the Agency as to all buildings in the Apartment Complex. In the event State Designation is anticipated to occur more that sixty (60) days after the Agency's Cost Certification, then, for purposes of Section 5.01(c) hereof, State Designation shall mean evidence of the Agency's receipt of Cost Certification.
Examples of State Designation in a sentence
Elk Grove Register of Historic Resources Designation by Federal and/or State Designation.
Recommendations:The Committee shall recommend to the Board of Directors whether the state's Licensing State Designation should continue.
To implement this statutory requirement, NTIA requires applicants to provide a Letter of State Designation signed by the Governor or equivalent chief executive of the State, or his duly authorized designee, that identifies the State officer or governmental body designated as the coordinator of the implementation of the grant funds.
Additionally, this manual serves to standardize North Carolina State Designated Rural Health Center services and to describe strategies used by the Office of Rural Health to designate new rural health centers, provide additional resources that support effective operations for rural health centers of excellence, and transition currently funded rural health centers when State Designation is no longer needed.
All service providers will be required to maintain, or gain, appropriate State licensing, registration or certification for the service they intend to offer and population they intend to serve, as a condition of State Designation as a new children’s State Plan or HCBS provider.
More Definitions of State Designation
State Designation means, with respect to the Apartment Complex, the final allocation by the Agency of Low-Income Housing Tax Credits, as evidenced by the receipt by the Partnership of IRS Form 8609 executed by the Agency as to all buildings in the Apartment Complex.
State Designation means, with respect to the Apartment Complex, the final allocation by the Agency of Low-Income Housing Tax Credits, as evidenced by the receipt by the Partnership of IRS Form 8609 executed by the Agency as to all buildings in the Apartment Complex. In the event that State Designation is anticipated to occur more than 60 days after the Agency's receipt of Cost Certification, then, for purposes of Section 5.01(c) hereof, State Designation shall mean evidence of the Agency's receipt of Cost Certification, provided that the Partnership has received a valid Carryover Allocation of 1995 Tax Credits which remains in full force and effect.
State Designation means, with respect to the Apartment Complex, the final allocation by the Agency of Low-Income Housing Tax Credits,as evidenced by the receipt by the Partnership of IRS Form 8609 executed by the Agency as to all buildings in the Apartment Complex. In the event State Designation is anticipated to occur more that sixty (60) days after the Agency's Cost Certification, then, for purposes of Section 5.01(c) hereof,State Designation shall mean evidence of the Agency's receipt of Cost Certification. "Subordinated Loan" means any loan made by the General Partner to the Partnership pursuant to Section 8.17. "Substantial Completion" means the date upon which the Partnership has received (a) both a certificate of substantial completion from the applicable inspecting architect certifying that the rehabilitation has been completed in accordance with the Plans and Specifications and (b), if applicable, certificates of substantial completion or certificates of occupancy from the applicable governmental jurisdiction(s) or authority(ies) for one hundred percent (100%) of the apartment units in the Apartment Complex; provided, however, that Substantial Completion shall not be deemed to have occurred if on such date any liens or other encumbrances as to title to the Land and the Apartment Complex exist (unless the General Partner shall have provided lien bonds ox xxxxx xxxxxxnce coverage satisfactory in amount and coverage to BCTC 94, Inc.), other than those securing the Mortgage Loan and/or those Consented to by the Investment Partnership. "Substitute Limited Partner" means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.03. "Syndication Expenses" means all expenditures classified as syndication expenses pursuant to Treasury Regulation Section 1.709-2(B). Syndication Expenses shall be taken into account in determining and maintaining Capital Accounts pursuant to Section 11.12of this Agreement at the time they would be taken into account under the Partnership's method of accounting if they were deductible expenses. "Taxable Income" and "Tax Losses" means the Partnership's taxable income or tax losses, respectively, for each fiscal year (or part thereof) as determined for federal income tax purposes, including, where the context requires, all items of income, gain, loss, deduction and credit which enter into the computation thereof. "Tax Credit" means the Low-Income Housing Tax Credit. "Tenant Transition Fund " means the tenant transition fun...
State Designation means, with respect to the Apartment Complex the written determination by the Agency and the Bond Issuer that the Apartment Complex meets the requirements set forth in Sections 42(m)(1)(D) and 42(m)(2)(D) of the Code.
State Designation means April 24, 1996.
State Designation means the date upon which the Partnership receives the allocation by the authorized agency of the State of a Tax Credit for the building(s) constituting the Apartment Complex in an annual dollar amount of not less than $35,430 as evidenced by the execution by or on behalf of such agency of Form(s) 8609.
State Designation means the date upon which the Partnership receives the allocation by the authorized agency of the State of Missouri of Tax Credit for the building(s) constituting the Apartment Complex in an annual dollar amount of not less than $288,028, as evidenced by the execution by or on behalf of such agency of Form(s) 8609. For the purposes of determining State Designation, each building in the Apartment Complex shall be treated as having received an allocation of Tax Credit in an amount equal to the lesser of (i) the amount of the Tax Credit carryover allocation received from the authorized agency of the State of Missouri as to such building or (ii) the amount of the Tax Credit set forth on the Form 8609 as to such building.