Common use of Rebate Requirement Clause in Contracts

Rebate Requirement. (a) At its sole expense on behalf of the Issuer, the Company shall determine and pay to the United States the Rebate Amount, hereinafter defined, as and when due in accordance with the "rebate requirement" described in Section 148(f) of the Code and Regulations thereunder, including without limitation, Regulations Section 1.148-3. The Company shall retain records of all such determinations until six years after Payment of the Bonds.

Rebate Requirement. (a) At its sole expense on behalf of the IssuerAuthority, the Company Corporation shall determine and pay to the United States the Rebate Amount, hereinafter defined, Amount as and when due in accordance with the "rebate requirement" described in Section 148(f) of the Code and Regulations thereunder, including without limitation, Regulations Section 1.148-3Code. The Company Corporation shall retain records of all such determinations until six (6) years after Payment of the Bonds.