Common use of Effect on Tax-Exempt Status Clause in Contracts

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.

Appears in 5 contracts

Samples: Transmission Control Agreement, Transmission Control Agreement, Transmission Control Agreement

AutoNDA by SimpleDocs

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

Appears in 2 contracts

Samples: Transmission Control Agreement, Transmission Control Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!