Compliance with Future Tax Requirements. The City understands that the Code and the Regulations may impose new or different restrictions and requirements on the City in the future. The City will comply with such future restrictions that are necessary to maintain the exclusion of the Interest Portion of the Basic Rent Payments from gross income for federal income tax purposes.
Appears in 5 contracts
Samples: Tax Compliance Agreement, Fourth Supplemental Lease Purchase Agreement, Fourth Supplemental Lease Purchase Agreement
Compliance with Future Tax Requirements. The City understands that the Code and the Regulations may impose new or different restrictions and requirements on the City in the future. The City will comply with such future restrictions that are necessary to maintain the exclusion of the Interest Portion of interest on the Basic Rent Payments Bonds from gross income for federal income tax purposes.
Appears in 3 contracts
Samples: Federal Tax Agreement, Tax Compliance Agreement, Tax Compliance Agreement
Compliance with Future Tax Requirements. The City understands that the Code and the Regulations may impose new or different restrictions and requirements on the City in the future. The City will comply with such future restrictions that are necessary to maintain the exclusion of the Interest Portion Portions of the Basic Rent Payments from gross income for federal income tax purposes.
Appears in 1 contract
Samples: Lease Purchase Agreement
Compliance with Future Tax Requirements. The City understands that the Code and the Regulations may impose new or different restrictions and requirements on the City in the future. The City will comply with such future restrictions that are necessary to maintain the exclusion of the Interest Portion of interest on the Basic Rent Payments Certificates from gross income for federal income tax purposes.
Appears in 1 contract
Samples: Lease Purchase Agreement
Compliance with Future Tax Requirements. The City understands that the Code and the Regulations may impose new or different restrictions and requirements on the City in the future. The City will comply with such future restrictions that are necessary to maintain the exclusion of the Interest Portion Component of the Basic Rent Rental Payments from gross income for federal income tax purposes.
Appears in 1 contract
Samples: Tax Compliance Agreement
Compliance with Future Tax Requirements. The City understands that the Code and the Regulations may impose new or different restrictions and requirements on the City in the future. The City will comply with such future restrictions that are necessary to maintain the exclusion of the Interest Portion of the Basic Rent Payments Component from gross income for federal income tax purposes.
Appears in 1 contract
Samples: Tax Compliance Agreement
Compliance with Future Tax Requirements. The City understands that the Code and the Regulations may impose new or different restrictions and requirements on the City in the future. The City will comply with such future restrictions that are necessary to maintain the exclusion of the Interest Portion of the Basic Rent Payments from gross income for federal income tax purposes.
Appears in 1 contract
Samples: Tax Compliance Agreement
