No Arbitrage. The Borrower shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of the Governmental Lender Note which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the date of funding of the Governmental Lender Note would have caused the Governmental Lender Note to be an "arbitrage bond" within the meaning of section 148 of the Code.
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No Arbitrage. The Borrower Governmental Lender shall not take, or permit or suffer to be taken by the Trustee Fiscal Agent or otherwise, any action with respect to the proceeds of the Governmental Lender Note which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the date of funding of the Governmental Lender Note would have caused the Governmental Lender Note to be an "arbitrage bond" within the meaning of section Section 148 of the Code.
Appears in 1 contract
Samples: Funding Loan Agreement
No Arbitrage. The Borrower Governmental Lender shall not take, or permit or suffer to be taken by the Trustee Fiscal Agent or otherwise, any action with respect to the proceeds of the Governmental Lender Note which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the date of funding of the Governmental Lender Note would have caused the Governmental Lender Note to be an "arbitrage bond" within the meaning of section 148 of the Code.
Appears in 1 contract
Samples: Funding Loan Agreement
