Effect on Tax-Exempt Status Sample Clauses

Effect on Tax-Exempt Status. Nothing in this Section shall compel any Participating TO to violate any restrictions applicable to facilities financed with tax- exempt bonds or contractual restrictions and covenants regarding the use of transmission facilities existing as of December 20, 1995.
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Related to Effect on Tax-Exempt Status

  • Tax Exempt Status of TIPS Members Most TIPS Members are tax exempt entities and the laws and regulations applicable to the specific TIPS Member customer shall control.

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