Common use of Covenant to Maintain Tax Exemption Clause in Contracts

Covenant to Maintain Tax Exemption. The Issuer and the Company hereby covenant and agree on their own behalf that they shall not take any action, cause any action to be taken, omit to take any action or cause any omission to occur which would cause the interest on the Bonds to become includible in the gross income of the recipients thereof for purposes of federal income taxation.

Covenant to Maintain Tax Exemption. The Issuer Company and the Company Issuer hereby covenant and agree on their own behalf that they shall not take any action, cause any action to be taken, omit to take any action or cause any omission to occur which would cause the interest on the Bonds to become includible includable in the gross income of the recipients thereof for purposes of federal Federal income taxation.

Covenant to Maintain Tax Exemption. The Issuer and the Company hereby covenant and agree on their own behalf that they shall not take any action, cause any action to be taken, omit to take any action or cause any omission to occur which would cause the interest on the Bonds to become includible includable in the gross income of the recipients thereof for purposes of federal income taxation.

Covenant to Maintain Tax Exemption. The Issuer and the Company hereby covenant and agree on their own behalf that they shall not take any action, cause any action to be taken, omit to take taken any action or cause any omission to occur which would cause the interest on the Bonds to become includible includable in the gross income of the recipients thereof for purposes of federal income taxation.