Common use of Required Elements Clause in Contracts

Required Elements. If the approved Business fails to meet the four required elements stated in Article 4.4 in any one year, the Business must meet that requirement in the following year or repay all the tax incentives and assistance that it has received.

Appears in 2 contracts

Sources: Master Contract (Newlink Genetics Corp), Master Contract (Southwest Iowa Renewable Energy, LLC)

Required Elements. If the approved Business fails to meet the four required elements stated in Article 4.4 4.3 in any one year, the Business must meet that requirement in the following year or repay all the tax incentives and assistance that it has received.

Appears in 1 contract

Sources: Master Contract (Homeland Energy Solutions LLC)