Special Arbitrage Certifications. (a) The Issuer hereby certifies to the Borrower (i) that it has not been notified of any listing or proposed listing of it by the Internal Revenue Service as a bond issuer whose arbitrage certifications may not be relied upon and (ii) that issuance of theBonds will not violate any provisions of Section 103 of the Code, Section 148 of the Code, or the Regulations issued under such Sections of the Code, such that the interest on the Bonds is not Tax-exempt. (b) The Borrower and the Issuer agree to comply with the Tax Regulatory Agreement, as such Tax Regulatory Agreement shall be amended from time to time in order that interest on the Bonds remains Tax-exempt. The Borrower further agrees to cause any other Principal User (as defined in Section 5.10 hereof) of the Project to comply with the terms of this Loan Agreement and the Tax Regulatory Agreement to the extent necessary to insure that interest on the Bonds remains Tax-exempt.
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Samples: Loan Agreement (RBC Bearings INC)
Special Arbitrage Certifications. (a) The Issuer hereby certifies to the Borrower (i) that it has not been notified of any listing or proposed listing of it by the Internal Revenue Service as a bond issuer whose arbitrage certifications may not be relied upon and (ii) that issuance of theBonds the Bonds will not violate any provisions of Section 103 of the Code, Section 148 of the Code, or the Regulations issued under such Sections of the Code, such that the interest on the Bonds is not Tax-exempt.
(b) The Borrower and the Issuer agree to comply with the Tax Regulatory Agreement, as such Tax Regulatory Agreement shall be amended from time to time in order that interest on the Bonds remains Tax-exempt. The Borrower further agrees to cause any other Principal User (as defined in Section 5.10 hereof) of the Project to comply with the terms of this Loan Agreement and the Tax Regulatory Agreement to the extent necessary to insure that interest on the Bonds remains Tax-exempt.
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Special Arbitrage Certifications. (a) The Issuer Authority hereby certifies to the Borrower (i) that it has not been notified of any listing or proposed listing of it by the Internal Revenue Service as a bond issuer whose arbitrage certifications may not be relied upon and (ii) that issuance of theBonds the Bonds will not violate any provisions of Section 103 of the Code, Section 148 of the Code, or the Regulations issued under such Sections of the Code, such that the interest on the Bonds is not Tax-exempt.
(b) The Borrower and the Issuer Authority agree to comply with the Tax Regulatory Agreement, as such Tax Regulatory Agreement shall be amended from time to time in order that interest on the Bonds remains Tax-exempt. The Borrower further agrees to cause any other Principal User (as defined in Section 5.10 hereof) of the Project to comply with the terms of this Loan Agreement and the Tax Regulatory Agreement to the extent necessary to insure that interest on the Bonds remains Tax-exempt.
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Samples: Loan Agreement (Provena Foods Inc)
Special Arbitrage Certifications. (a) The Issuer Authority hereby certifies to the Borrower (i) that it has not been notified of any listing or proposed listing of it by the Internal Revenue Service as a bond issuer whose arbitrage certifications may not be relied upon and (ii) that issuance of theBonds the Bonds will not violate any provisions of Section 103 of the CodeCode or, Section 148 of the Code, or the Regulations issued under such Sections of the Code, such that the interest on the Bonds is not Tax-exempt.
(b) The Borrower and the Issuer Authority agree to comply with the Tax Regulatory Agreement, as such Tax Regulatory Agreement shall be amended from time to time in order that interest on the Bonds remains Tax-exempt. The Borrower further agrees to cause any other Principal User (as defined in Section 5.10 hereof) of the Project to comply with the terms of this Loan Agreement and the Tax Regulatory Agreement to the extent necessary to insure that interest on the Bonds remains Tax-exempt.
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Samples: Loan Agreement (Advanced Aerodynamics & Structures Inc/)