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.
Appears in 3 contracts
Samples: Lease Agreement, Lease Agreement, Lease Agreement
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.
Appears in 2 contracts
Samples: Fiscal Agent Agreement, Fiscal Agent Agreement
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.
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Private Activity Bond Limitation. Except as otherwise permitted by The District 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.
Appears in 2 contracts
Samples: Installment Sale Agreement, Installment Sale Agreement
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.
Appears in 1 contract
Samples: Fiscal Agent Agreement
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.
Appears in 1 contract
Samples: Fiscal Agent Agreement
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.
Appears in 1 contract
