Common use of Federal Guarantee Prohibition Clause in Contracts

Federal Guarantee Prohibition. The District may not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Loan Repayments to be “federally guaranteed” within the meaning of Section 149(b) of the Tax Code.

Federal Guarantee Prohibition. The District may 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 Loan Repayments Lease Payments to be “federally guaranteed” within the meaning of Section 149(b) of the Tax Code.

Federal Guarantee Prohibition. The District may 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 Loan Repayments obligations of the District under the Lease Agreement to be “federally guaranteed” within the meaning of Section 149(b) of the Tax Code.

Federal Guarantee Prohibition. The District may 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 Loan Agreement or the Interest Components of the Loan Repayments Payments to be “federally guaranteed” within the meaning of Section 149(b) of the Tax Code.

Federal Guarantee Prohibition. The District may 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 Loan Repayments obligations of the District under the Lease to be “federally guaranteed” within the meaning of Section 149(b) of the Tax Code.