Common use of Internal Revenue Code Clause in Contracts

Internal Revenue Code. The District has complied with the Internal Revenue Code of 1986, as amended, with respect to the Bonds, and the District shall not knowingly take or omit to take any action that, under existing law, may adversely affect the exclusion from gross income for federal income tax purposes, or the exemption from any applicable State tax of the interest on the Bonds.

Internal Revenue Code. The District has complied with the Internal Revenue Code of 1986, as amended, with respect to the Bonds, and the District shall not knowingly take or omit to take any action that, under existing law, may adversely affect the exclusion from gross income for federal income tax purposes, or the exemption from any applicable State tax tax, of the interest on the Bonds.

Internal Revenue Code. The District has complied with the Internal Revenue Code of 1986, as amendedamended (the “Tax Code”), with respect to the Bonds, and the District shall not knowingly take or omit to take any action that, under existing law, may adversely affect the exclusion from gross income for federal income tax purposes, or the exemption from any applicable State tax of the interest on the Bonds.

Internal Revenue Code. The District has complied with the Internal Revenue Code of 1986, as amended, with respect to the BondsBonds (except with respect to the Federally Taxable Maturity), and the District shall not knowingly take or omit to take any action that, under existing law, may adversely affect the exclusion from gross income for federal income tax purposespurposes on the Bonds (except with respect to the Federally Taxable Maturity), or the exemption from any applicable State tax of the interest on the Bonds.