Common use of Private Activity Bond Limitation Clause in Contracts

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 Successor Agency 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.

Private Activity Bond Limitation. The Successor Agency 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.

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(c141(b) of the Code.