Private Activity Bond Limitation. Except as otherwise permitted by the Code, the City shall assure that proceeds of the Bonds are not so used as to cause the Tax- Exempt Bonds to satisfy the private business tests of section 141(b) of the Code.
Private Activity Bond Limitation. The District shall assure that the proceeds of the Bonds are not so used as to cause the Bonds to satisfy the private business tests of section 141(b) of the Code or the private loan financing test of section 141(c) of the Code.
Private Activity Bond Limitation. The District and the Authority shall assure that proceeds of the Certificates are not so used as to cause the Certificates or the Installment Sale Agreement to satisfy the private business tests of section 141(b) of the Tax Code or the private loan financing test of section 141(c) of the Tax Code.
Private Activity Bond Limitation. The Successor Agency shall assure that the proceeds of the Bonds are not so used as to cause the Bonds to satisfy the private business tests of section 141(b) of the Code or the private loan financing test of section 141(c) of the Code.
Private Activity Bond Limitation. The District shall assure that the proceeds of the Prior Bonds and of the Bonds are not so used as to cause the Bonds to satisfy the private business tests of section 141(b) of the Code.
Private Activity Bond Limitation. The District shall assure that the proceeds of the Loan are not so used as to cause the Loan to satisfy the private business tests of section 141(b) of the Tax Code or the private loan financing test of section 141(c) of the Tax Code.
Private Activity Bond Limitation. The Lessee will assure that the proceeds of each Lease are not so used as to cause the obligations of the Lessee under that Lease to satisfy the private business tests of Section 141(b) of the Code or the private loan financing test of section 141(c) of the Code.
Private Activity Bond Limitation. The Authority shall assure that the proceeds of the Bonds are not used in a manner which would cause the Bonds to become “private activity bonds” within the meaning of section 141(a) of the Code or to meet the private loan financing test of Section 141(c) of the Code.
Private Activity Bond Limitation. The County shall assure that the proceeds of the Bonds are not so used as to cause the Bonds to satisfy the private business tests of section 141(b) of the Code or the private loan financing test of section 141(b) of the Code.
Private Activity Bond Limitation. The City shall assure that the proceeds of the Advance are not used as to cause the Bonds to satisfy the private business tests of Section 141(b) of the Tax Code or the private loan financing test of Section 141(c) of the Internal Revenue Code of 1986, as amended (the “Tax Code”).
