Common use of No Hedge Bonds Clause in Contracts

No Hedge Bonds. 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 "hedge bonds" within the meaning of section 149(g) of the Code and the applicable Regulations thereunder.

Appears in 2 contracts

Samples: Facilities Lease Agreement, Facilities Lease Agreement

AutoNDA by SimpleDocs

No Hedge Bonds. 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 "hedge bonds" within the meaning of section 149(g) of the Code and the applicable Regulations thereunder. [Balance of this page intentionally left blank.]

Appears in 2 contracts

Samples: Sublease Agreement, Facilities Lease Agreement

No Hedge Bonds. 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 "hedge bonds" within the meaning of section 149(g) of the Code and the applicable Regulations thereunder.

Appears in 1 contract

Samples: Facilities Lease Agreement

AutoNDA by SimpleDocs

No Hedge Bonds. 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 "hedge bonds" within the meaning of section 149(g) of the Code and the applicable Regulations thereunderCode.

Appears in 1 contract

Samples: Lease Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!