Common use of No Federal Guarantee Clause in Contracts

No Federal Guarantee. The Lessee covenants and agrees that it has not taken and will not take any action, and has not knowingly omitted and will not knowingly omit to take any action, within its control, that, if taken or omitted, respectively, would cause the Bonds to be “federally guaranteed” within the meaning of section 149(b) of the Code and the applicable Regulations thereunder, except as permitted by section 149(b)(3) of the Code and such Regulations.

Appears in 3 contracts

Samples: Sublease Agreement, Facilities Lease Agreement, Facilities Lease Agreement

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No Federal Guarantee. The Lessee covenants and agrees that it has not taken and will not take any action, and has not knowingly omitted and will not knowingly omit to take any action, within its control, that, if taken or omitted, respectively, would cause the Bonds to be "federally guaranteed" within the meaning of section 149(b) of the Code and the applicable Regulations thereunder, except as permitted by section 149(b)(3) of the Code and such Regulations.

Appears in 2 contracts

Samples: Facilities Lease Agreement, Facilities Lease Agreement

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No Federal Guarantee. The Lessee covenants and agrees that it has not taken and will not to take any action, and has not knowingly omitted and will not or knowingly omit to take any action, action within its control, that, that if taken or omitted, respectively, would cause any issue of the Tax-Exempt Bonds to be “federally guaranteed” within the meaning of section 149(bl 49(b) of the Code and the applicable Regulations thereunderCode, except as permitted by section 149(b)(3) of the Code and such RegulationsCode.

Appears in 1 contract

Samples: Lease Agreement

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