Service Contract. The Parties acknowledge and agree that, for accounting and tax purposes, this Agreement is not and shall not be construed as a capital lease and, pursuant to Section 7701(e)(3) of the Internal Revenue Code, this Agreement is and shall be deemed to be a service contract for the sale to Purchaser of energy produced at an alternative energy facility.
Appears in 3 contracts
Sources: Solar Power Purchase Agreement, Virtual Net Metering Credit Purchase and Assignment Agreement, Power Purchase Agreement
Service Contract. The Parties acknowledge and agree that, for accounting and tax purposes, this Agreement is not and shall will not be construed as a capital lease and, pursuant to Section 7701(e)(3) of the Internal Revenue CodeCode of 1986, including applicable rules and regulations promulgated thereunder, as amended from time to time, this Agreement is and shall will be deemed to be a service contract for the sale to Purchaser of energy produced at an alternative energy facilitycontract.
Appears in 1 contract
Sources: Power Purchase Agreement
Service Contract. The Parties acknowledge and agree that, for accounting and tax purposes, this Agreement is not and shall not be construed as a capital lease and, pursuant to Section 7701(e)(3) of the Internal Revenue Code, this Agreement is and shall be deemed to be a service contract for the sale to Purchaser of energy produced at an alternative energy facilitycontract.
Appears in 1 contract
Sources: Electric Services Agreement
Service Contract. The Parties acknowledge and agree that, for accounting and tax purposes, this Agreement is not and shall not be construed as a capital lease financing contract and, pursuant to Section 7701(e)(3) of the Internal Revenue Code, this Agreement is and shall be deemed to be a service contract for the sale to Purchaser of energy produced at an alternative energy facility.
Appears in 1 contract
Sources: Solar Power Purchase Agreement
Service Contract. The Parties acknowledge and agree that, for accounting and or tax purposes, this Agreement is not and shall not be construed as a capital lease and, pursuant to Section 7701(e)(3) of the Internal Revenue Code, this Agreement is and shall be deemed to be a service contract for with respect to the sale to the Purchaser of electric energy produced at an alternative energy facility.
Appears in 1 contract
Sources: Power Purchase Agreement