Common use of Private Activity Bond Limitation Clause in Contracts

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. Except as otherwise permitted by the Code, the The City shall assure that the proceeds of the Bonds are not so used as to cause the Tax- Exempt 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.

Private Activity Bond Limitation. Except as otherwise permitted by the Code, the 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 or the private loan financing test of section 141(c) of the Code.

Private Activity Bond Limitation. Except as otherwise permitted by the Code, the The City shall assure that the proceeds of the Bonds are not so used as to cause the Tax- Exempt Authority 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. Except as otherwise permitted by the Code, the The City shall will assure that the proceeds of the Bonds are not so used as to cause the Tax- Exempt Authority 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. Except as otherwise permitted by The City and the Code, the City Authority shall assure that the 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, or the private loan financing test of section 141(c) of the Code.