Federal Guarantee. The District will make no use of any proceeds of this Installment Purchase Agreement and will not take or omit to take any action that would cause the Series 2023 Installment Payments to be “federally guaranteed” within the meaning of Section 149(b) of the Code.
Federal Guarantee. The City shall not make any use of the proceeds of the Authority Bonds or any other funds of the City, or take or omit to take any other action, that would cause the Authority Bonds to be “federally guaranteed” within the meaning of Section 149(b) of the Code.
Federal Guarantee. The District will make no use of the proceeds of the 2021 Sewer Notes, and the District will not take or omit to take any action, that would cause the 2021 Sewer Notes to be “federally guaranteed” within the meaning of Section 149(b) of the Code;
Federal Guarantee. If a default under this Agreement results in a draw on the Guarantee, the Borrower shall repay such amount to the Secretary on demand and as provided in the Reimbursement Note executed and delivered by the Eligible CDFI to the United States of America, to evidence the Eligible CDFI’s obligation to reimburse the Guarantor for payment made by the Guarantor pursuant to the Guarantee. Any such payment by the Borrower to the Secretary shall constitute a credit against amounts due and unpaid under this Loan Agreement and such credit shall be applied in the same priority set forth in Section 2.7 hereof.
Federal Guarantee. The District and the Corporation will make no use of the proceeds of the Certificates or take or omit to take any action that would cause the Certificates to be “federally guaranteed” within the meaning of Section 149(b) of the Code.
Federal Guarantee. Fee The Borrower will pay to the Federal Guarantor a guarantee fee on each 1 April and 1 October. The guarantee fee will be calculated for each half year starting at these dates at a per annum rate of 0.25 % of the amount guaranteed by the Federal Guarantor at those dates and is payable to C&L Deutsche Revision AG, D sseldorf, Anderkonto Bundesminister der Finanzen, account 301 51 12 with Westdeutsche Landesbank Girozentrale, by making reference to the State Guarantee number. An amount of 0.25 % of the maximum guaranteed amount is due and payable by the Borrower in accordance with the grading granted by the Federal Guarantor. The Borrower will promptly inform the Agent of any payments made pursuant to this Clause 26.4 (Federal Guarantee Fee).
Federal Guarantee. Neither the Corporation nor the City will make use of the proceeds of the Certificates provided herein or take or omit to take any action that would cause the Certificates to be “federally guaranteed” within the meaning of Section 149(b) of the Code.
Federal Guarantee. Prohibition The County shall not take any action or permit or suffer any action to be taken if the result of the same would be to cause any of the Certificates or the Lease Agreement to be “federally guaranteed” within the meaning of Section 149(b) of the Tax Code.
Federal Guarantee. The Agency and the Authority will make no use of the proceeds of the 2020A Bonds or take or omit to take any action that would cause the 2020A Bonds to be “federally guaranteed” within the meaning of Section 149(b) of the Code.
Federal Guarantee. The Authority will make no use of the proceeds of the Tax-Exempt Bonds or take or omit to take any action that would cause the Tax-Exempt Bonds to be “federally guaranteed” within the meaning of Section 149(b) of the Code.
