Maintenance of Tax-Exemption. The Agency shall take all actions necessary to assure the exclusion of interest on the Bonds from the gross income of the owners of the Bonds to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the date of issuance of the Bonds.
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Samples: Fiscal Agent Agreement
Maintenance of Tax-Exemption. The Agency shall take all actions necessary to assure the exclusion of interest on the Series 2010A Bonds from the gross income of the owners Owners of the Series 2010A Bonds to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the date of issuance of the Series 2010A Bonds.
Appears in 1 contract
Samples: Eighth Supplemental Agreement
Maintenance of Tax-Exemption. The Successor Agency shall take all actions necessary to assure the exclusion of interest on the Bonds from the gross income of the owners Owners of the Bonds to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the date of issuance of the Bonds.
Appears in 1 contract
Samples: www.palmspringsca.gov
Maintenance of Tax-Exemption. The Successor Agency shall take all actions necessary to assure the exclusion of interest on the 2019A Bonds from the gross income of the owners Owners of the 2019A Bonds to the same extent as such interest is permitted to be excluded from gross income under the Code as in effect on the date of issuance of the 2019A Bonds.
Appears in 1 contract
Samples: Bond Purchase Agreement