Private Activity Bond Limitation. The District and the Authority 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.
Appears in 2 contracts
Samples: Installment Sale Agreement, Installment Sale Agreement
Private Activity Bond Limitation. The District and the Authority 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, Code or the private loan financing test of section 141(c) of the Code.
Appears in 2 contracts
Samples: Paying Agent Agreement, Paying Agent Agreement
Private Activity Bond Limitation. The District and the Authority shall assure will ensure that the proceeds of the Bonds Lease Payments are not so used as to cause the Bonds District’s obligations hereunder to satisfy the private business tests of section Section 141(b) of the Code, Tax Code or the private loan financing test of section Section 141(c) of the Tax Code.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Private Activity Bond Limitation. The District and the Authority shall assure that the proceeds of the Bonds applicable series of bonds are not so used as to cause the Bonds said bonds to satisfy the private business tests of section Section 141(b) of the Code, Tax Code or the private loan financing test of section Section 141(c) of the Tax Code.
Appears in 1 contract
Samples: Paying Agent Agreement
Private Activity Bond Limitation. The District and the Authority 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.
Appears in 1 contract
Samples: Indenture
Private Activity Bond Limitation. The District and the Authority County shall assure that the proceeds of the 2001 Bonds and of the 2013 Bonds are not so used as to cause the 2001 Bonds or the 2013 Bonds to satisfy the private business tests of section 141(b) of the Code, Code or the private loan financing test of section 141(c) of the Code.
Appears in 1 contract
Samples: Fiscal Agent Agreement
Private Activity Bond Limitation. The District and the Authority 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, Code or the private loan financing test of section 141(c) of the Code.
Appears in 1 contract
Samples: Indenture of Trust
Private Activity Bond Limitation. The District and the Authority 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, or the private loan financing test of section 141(c) of the Code.
Appears in 1 contract
Samples: Fiscal Agent Agreement
Private Activity Bond Limitation. The District and the Authority 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 Section 141(b) of the Code, or the private loan financing test of section 141(c) of the Code.
Appears in 1 contract
Samples: Indenture of Trust
Private Activity Bond Limitation. The District and the Authority 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, Code or the private loan financing test of section 141(c141(b) of the Code.
Appears in 1 contract
Samples: Fiscal Agent Agreement
Private Activity Bond Limitation. The District and the Authority shall assure that the proceeds of the Bonds Lease Payments are not so used as to cause the Bonds District’s obligations hereunder to satisfy the private business tests of section 141(b) of the Code, Tax Code or the private loan financing test of section 141(c) of the Tax Code.
Appears in 1 contract
Samples: Lease Agreement
Private Activity Bond Limitation. The District and the Authority shall assure that the proceeds of the Bonds Loan are not so used as to cause the Bonds Loan to satisfy the private business tests of section 141(b) of the Code, Tax Code or the private loan financing test of section 141(c) of the Tax Code.
Appears in 1 contract
Samples: Loan Agreement
Private Activity Bond Limitation. The District and the Authority Town shall assure that the proceeds of the Prior Bonds and of the Reassessment Bonds are not so used as to cause the Authority Bonds to satisfy the private business tests of section 141(b) of the Code, Code or the private loan financing test of section 141(c141(b) of the Code.
Appears in 1 contract
Samples: Fiscal Agent Agreement
Private Activity Bond Limitation. The District and the Authority 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, Code or the private loan financing test of section 141(c141(b) of the Code.
Appears in 1 contract
Samples: Fiscal Agent Agreement