No Overissuance. The amount of the proceeds and the anticipated investment earnings thereon, together with other amounts available for and expected to be used for such purposes, do not exceed the amounts necessary to accomplish the governmental purposes of the Bonds set forth in Section 2(b). The Bonds will not remain outstanding longer than is otherwise reasonably necessary to accomplish the governmental purposes of the Bonds, based on all facts and circumstances. As reflected in Exhibit B, the Bonds have a weighted average maturity that does not exceed 120 percent of the average reasonably expected economic life of the Project.
No Overissuance. The Net Proceeds and Investment Proceeds of the Bonds do not exceed the amount necessary to pay the costs of the Project, to pay accrued interest and interest on the Bonds, and to pay the Costs of Issuance of the Bonds.
No Overissuance. The Proceeds are not reasonably expected to exceed the amount needed for the governmental purposes of the Issue.
No Overissuance. The Sale Proceeds of the Lease will not exceed the amount necessary to pay the costs of the acquisition of the Equipment. None of the Proceeds of the Lease are expected to be invested prior to being allocated to expenditures for costs of the Equipment.
No Overissuance. The Proceeds of the Issue are not reasonably expected to exceed the amount needed for the governmental purposes of the Issue as set forth in 2.20.
