Examples of Milestones in a sentence
By: Name: Xxxx Xxxxxx Title: Date: CFO April 7, 2023 | 12:11 EDT Hell's Kitchen Geothermal LLC By: Name: Xxxx Xxxxxx Title: Date: CFO April 7, 2023 | 12:11 EDT Exhibit A Milestones Taxpayer: Controlled Thermal Resources (US), Inc.
If Taxpayer did not maintain the applicable Milestones for the prior taxable year, Taxpayer shall notify GO-Biz and submit to GO-Biz the worksheet for its review to determine whether any tax credits require recapture.
The Credit awarded in section 2 of this Agreement will be allocated to Credit Recipient by taxable year as set forth in Exhibit A, provided that Taxpayer achieves the Milestones associated with the applicable taxable year, which includes all investments agreed to in the prior years, as set forth in Exhibit A.
If Taxpayer successfully achieved the Milestones for the prior taxable year, Taxpayer shall notify GO-Biz on or before the first day of the fourth month after the close of each taxable year, and retain the worksheet pursuant to section 17 and submit the worksheet to GO-Biz or the FTB upon request.
If Taxpayer did not achieve the applicable Milestones for the prior taxable year, Taxpayer shall submit to GO-Biz the worksheet and a written description of any issues or challenges in achieving the Milestones and any corrective actions being taken or anticipated to be taken in subsequent years.