Common use of General Tax Covenant Clause in Contracts

General Tax Covenant. The Recipient shall not take any action or fail to take any action which would adversely affect the exclusion of interest on the Infrastructure Bonds from gross income for federal income tax purposes;

Appears in 860 contracts

Samples: Project Grant/Loan Agreement, Project Grant/Loan Agreement, Project Grant Agreement

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General Tax Covenant. The Recipient shall not take any action or fail to take any action which would adversely affect the exclusion of interest on the Infrastructure Bonds from gross income for federal income tax purposes;.

Appears in 300 contracts

Samples: Project Grant Agreement, Project Grant/Loan Agreement, Project Loan Agreement

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