Identification of Financed Assets. The portions of the Project financed from Certificate proceeds (i.e., the “Financed Facility” referenced in the Federal Tax Certificate) are listed on page 1 of Schedule 2 to this Final Written Allocation.
Identification of Financed Assets. The portions of the Project financed from Bond proceeds (i.e., the “Financed Facility” referenced in the Tax Compliance Agreement) are listed on page 1 of Schedule 2 to this Final Written Allocation. [[Add additional language if only a specified percentage of the space in the Project is to be treated as financed by Bond proceeds. For example “2,650 square feet (15%) of the financed student union building project financed a book store that is expected to be leased to Xxxxxx & Xxxxx Bookstore. The Issuer used funds other than bond proceeds to finance 15% of the cost of the student union building.]] Identification and Timing of Expenditures for Arbitrage Purposes. For purposes of complying with the arbitrage rules, the Institution allocates the proceeds of the Bonds to the various expenditures described in the invoices, requisitions or other substantiation attached as Schedule 2 to this Final Written Allocation. In each case, the cost requisitioned was either paid directly to a third party or reimbursed the Institution for an amount it had previously paid or incurred. Amounts received from the sale of the Bonds and retained as underwriters discount are allocated to that purpose and spent on the Issue Date. Amounts allocated to interest expense are treated as paid on the interest payment dates for the Bonds.
Identification of Financed Assets. The portions of the Project financed from Certificate proceeds (i.e., the “Financed Facility” referenced in the Federal Tax Certificate) are listed on page 1 of Exhibit B hereto. Identification and Timing of Expenditures for Arbitrage Purposes. For purposes of complying with the arbitrage rules, the Issuer allocates the Certificate proceeds to the various expenditures described in the invoices, requisitions or other substantiation attached as Exhibit B hereto. In each case, the cost requisitioned was either paid directly to a third party or reimbursed the Issuer for an amount it had previously paid or incurred. Amounts received from the sale of the Certificates and retained as underwriting discount are allocated to that purpose and spent on the Issue Date.
Identification of Financed Assets. The portions of the Equipment financed from Lease proceeds (i.e., the “Description of Equipment” listed in Exhibit C to the City’s Federal Tax Certificate) are listed on page 1 of Schedule 2 to this Final Written Allocation.
Identification of Financed Assets. Attached is a listing of the portions of the Financed Assets financed from Lease proceeds (i.e., an update, based on actual expenditures, of the “Description of Financed Assets” listed in Exhibit C to the Tax Compliance Agreement related to the Lease).
Identification of Financed Assets. The portions of the Equipment financed from Certificate proceeds (i.e., the “Financed Facilities” referenced in the Tax Compliance Agreement) are listed on page 1 of Exhibit B to this Final Written Allocation.
