Common use of Federal Guarantee Prohibition Clause in Contracts

Federal Guarantee Prohibition. The District and the Authority shall not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Bonds to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 2 contracts

Samples: Installment Sale Agreement, Installment Sale Agreement

AutoNDA by SimpleDocs

Federal Guarantee Prohibition. The District and the Authority 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 Bonds Certificates or the Installment Sale Agreement to be “federally guaranteed” within the meaning of section 149(b) of the Tax Code.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Federal Guarantee Prohibition. The District and the Authority 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 Bonds to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 2 contracts

Samples: Fiscal Agent Agreement, Paying Agent Agreement

Federal Guarantee Prohibition. The District and the Authority shall will not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Bonds Lease Payments to be “federally guaranteed” within the meaning of section Section 149(b) of the Tax Code.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Federal Guarantee Prohibition. The District and the Authority 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 Bonds to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 2 contracts

Samples: Indenture, Indenture

Federal Guarantee Prohibition. The District and the Authority shall not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Bonds this Lease to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 1 contract

Samples: Lease Agreement

Federal Guarantee Prohibition. The District and the Authority 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 Bonds Certificates or the Installment Sale Agreement to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 1 contract

Samples: Installment Sale Agreement

Federal Guarantee Prohibition. The District and the Authority shall not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Bonds this Installment Sale Agreement to be “federally guaranteed” within the meaning of section Section 149(b) of the Code.

Appears in 1 contract

Samples: Installment Sale Agreement

Federal Guarantee Prohibition. The District and the Authority shall not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Bonds to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 1 contract

Samples: Paying Agent Agreement

Federal Guarantee Prohibition. The District and the Authority shall not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Bonds either Series of the Certificates to be “federally guaranteed” within the meaning of section Section 149(b) of the Tax Code.

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Federal Guarantee Prohibition. The District and the Authority 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 the Bonds to be “federally guaranteed” within the meaning of section Section 149(b) of the Code.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Federal Guarantee Prohibition. The District and the Authority 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 Bonds applicable series of bonds to be “federally guaranteed” within the meaning of section Section 149(b) of the Tax Code.

Appears in 1 contract

Samples: Paying Agent Agreement

Federal Guarantee Prohibition. The District and the Authority shall not take any action or permit or suffer any action to be taken if the result of the same would be to cause this Agreement or the Bonds Interest Components of the Installment Payments to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 1 contract

Samples: Series 2014 Wastewater Installment Sale Agreement

Federal Guarantee Prohibition. The District and the Authority 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 2013 Bonds to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Federal Guarantee Prohibition. The District and the Authority 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 Bonds to be “federally guaranteed” within the meaning of section 149(b) of the Code.

Appears in 1 contract

Samples: Fiscal Agent Agreement

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