Common use of Special Arbitrage Certifications Clause in Contracts

Special Arbitrage Certifications. (a) Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 Series A Bonds.

Appears in 4 contracts

Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)

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Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2002 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2002 Series A Bonds.

Appears in 4 contracts

Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2001 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2001 Series A Bonds.

Appears in 3 contracts

Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2001 Series A B Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2001 Series A B Bonds.

Appears in 2 contracts

Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) The Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2016 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Code Section 147(a) of the Code)) or adversely affects the validity of the 2007 2016 Series A Bonds.

Appears in 2 contracts

Samples: Loan Agreement (LG&E & KU Energy LLC), Loan Agreement (LG&E & KU Energy LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2000 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2000 Series A Bonds.

Appears in 2 contracts

Samples: Loan Agreement (PPL Energy Supply LLC), Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2005 Series A B Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2005 Series A B Bonds.

Appears in 1 contract

Samples: Loan Agreement (Kentucky Utilities Co)

Special Arbitrage Certifications. (a) Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2006 Series A C Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2006 Series A C Bonds.

Appears in 1 contract

Samples: Loan Agreement (Kentucky Utilities Co)

Special Arbitrage Certifications. (a) The Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2008 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the 2008 Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2008 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2004 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the 1993 Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2004 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (Kentucky Utilities Co)

Special Arbitrage Certifications. (a) Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 Series A B Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 Series A B Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2005 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2005 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (Kentucky Utilities Co)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2003 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the 1993 Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2003 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

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Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or take, authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2005 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2005 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2000 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2000 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or take, authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2005 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2005 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (Louisville Gas & Electric Co /Ky/)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2004 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the 1993 Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2004 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2002 Series A B Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2002 Series A B Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) The Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2017 Series A Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Code Section 147(a) of the Code)) or adversely affects the validity of the 2007 2017 Series A Bonds.

Appears in 1 contract

Samples: Loan Agreement (LG&E & KU Energy LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2006 Series A B Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the 1994 Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2006 Series A B Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

Special Arbitrage Certifications. (a) Company covenants and agrees that it it, will not take or authorize or permit any action to be taken and has not taken or authorized or permitted any action to be taken which results or would result in interest paid on any of the 2007 2002 Series A C Bonds being included in gross income of any owner thereof for purposes of federal income taxation (other than an owner who is a "substantial user" of the Project or a "related person" within the meaning of Section 147(a) of the Code) or adversely affects the validity of the 2007 2002 Series A C Bonds.

Appears in 1 contract

Samples: Loan Agreement (PPL Energy Supply LLC)

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