Common use of Maintenance of Tax-Exemption Clause in Contracts

Maintenance of Tax-Exemption. The District shall take all actions necessary to assure the exclusion of interest with respect to the Certificates from the gross income of the Owners of the Certificates to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the Closing Date.

Maintenance of Tax-Exemption. The District and the Authority shall take all actions necessary to assure the exclusion of interest with respect to on the Certificates Bonds from the gross income of the Owners of the Certificates Bonds to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the Closing Datedate of issuance of the Bonds.

Maintenance of Tax-Exemption. The District and the Authority shall take all actions necessary to assure the exclusion of interest with respect to the Certificates from the gross income of the Owners of the Certificates to the same extent as such interest is permitted to be excluded from gross income under the Tax Code as in effect on the Closing Date.

Maintenance of Tax-Exemption. The District shall take all actions necessary to assure the exclusion of interest with respect to on the Certificates Bonds from the gross income of the Owners of the Certificates Bonds to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the Closing Datedate of issuance of the Bonds.

Maintenance of Tax-Exemption. The District shall take all actions necessary to assure the exclusion of interest with respect to the Certificates Interest Components of the Loan Payments from the gross income of the Owners of the Certificates Lender to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the Closing Date.

Maintenance of Tax-Exemption. The District shall take all actions necessary to assure the exclusion of interest with respect to on the Certificates applicable series of bonds from the gross income of the Owners owners of the Certificates said bonds to the same extent as such interest is permitted to be excluded from gross income under the Tax Code as in effect on the Closing Date.

Maintenance of Tax-Exemption. The District shall take all actions necessary to assure the exclusion of interest with respect to on the Certificates Bonds from the gross income of the Owners owners of the Certificates Bonds to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the Closing Datedate of issuance of the Bonds.

Maintenance of Tax-Exemption. The District shall take all actions necessary to assure the exclusion of interest with respect to the Certificates this Lease from the gross income of the Owners of the Certificates Lender to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the Closing Datedate of execution and delivery of this Lease.