Common use of Private Activity Bond Limitation Clause in Contracts

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 District and the Authority County shall assure that proceeds of the Certificates Certificate are not so used as to cause the Certificates Certificate 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 District and the Authority County shall assure that the proceeds of the Certificates are not so used as to cause the Certificates or the Installment Sale Lease Agreement to satisfy the private business tests of section Section 141(b) of the Tax Code or the private loan financing test of section Section 141(c) of the Tax 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(c141(b) of the Tax Code.

Private Activity Bond Limitation. The District and the Authority Town shall assure that proceeds of the Certificates are not so used as to cause the Certificates or the Installment Sale Lease 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.