Common use of No Arbitrage Clause in Contracts

No Arbitrage. The City may not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of the Bonds or of any other obligations which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date, would have caused the Bonds to be “arbitrage bonds” within the meaning of Section 148(a) of the Tax Code.

No Arbitrage. The City may shall not take, or permit or suffer to be taken by the Trustee Fiscal Agent or otherwise, any action with respect to the gross proceeds of the Bonds or of any other obligations which, which if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date, Date would have caused the Bonds to be “"arbitrage bonds” " within the meaning of Section 148(a) 148 of the Tax CodeCode and Regulations.

No Arbitrage. The City may shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of the Bonds or of any other obligations which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date, Date would have caused the Bonds to be “arbitrage bonds” within the meaning of Section 148(a) section 148 of the Tax Code.

No Arbitrage. The City may will 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 Bonds or of any other obligations which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date, date of issuance of the Bonds would have caused the Authority Bonds to be “"arbitrage bonds” " within the meaning of Section 148(a) section 148 of the Tax Code.

No Arbitrage. The City may shall not take, or permit or suffer to be taken by the Trustee Fiscal Agent or otherwise, any action with respect to the gross proceeds of the Bonds or of any other obligations which, which if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date, Date would have caused the Bonds to be “arbitrage bonds” within the meaning of Section 148(a) 148 of the Tax CodeCode and Regulations.