Issuance Limitation. The HFA hereby certifies that the sum of: (i) the face amount of the Program Bonds; and (ii) the face amount of the Market Bonds issued at the time of issuance of the Program Bonds; does not exceed the reasonable expectations requirement applicable to tax-exempt mortgage revenue bonds. The principal amount of the Program Bonds does not exceed the amount allocated to the HFA under the Single-Family New Issue Bond Program.
Appears in 4 contracts
Samples: New Issue Bond Program Agreement (Federal National Mortgage Association Fannie Mae), New Issue Bond Program Agreement (Federal Home Loan Mortgage Corp), New Issue Bond Program Agreement (Federal Home Loan Mortgage Corp)
