Tax Exempt Financing Pursuant. to Section 103 and Related Provision of the Internal Revenue Code: This provision is applicable only to NYPA which has financed transmission facilities with the proceeds of bonds issued pursuant to Section 103 and related provisions of the Internal Revenue Code (“Government Bonds”). Notwithstanding any other provision of this Tariff, neither the ISO nor NYPA shall be required to provide Transmission Service to any Eligible Customer pursuant to this Tariff if provision of such transmission service would result in loss of the tax-exempt status of any government bonds or impair NYPA’s ability to issue future tax-exempt obligations.
Appears in 8 contracts
Samples: nyisoviewer.etariff.biz, nyisoviewer.etariff.biz, nyisoviewer.etariff.biz
Tax Exempt Financing Pursuant. to Section 103 and Related Provision related provisions of the Internal Revenue Code: . This provision is applicable only to NYPA which has financed transmission facilities with the proceeds of bonds issued pursuant to Section 103 and related provisions of the Internal Revenue Code (“Government Bonds”). Notwithstanding any other provision of this the ISO OATT Tariff, neither the ISO nor NYPA shall be required to provide Transmission Service to any Eligible Customer Market Participant pursuant to this Tariff the ISO OATT if the provision of such transmission service Transmission Service would result in the loss of the tax-exempt status of any government bonds Government Bonds or impair NYPA’s ability to issue future tax-exempt obligations.
Appears in 3 contracts
Samples: Independent System Operator Agreement, Agreement, Agreement
Tax Exempt Financing Pursuant. to Section 103 and Related Provision related provisions of the Internal Revenue Code: . This provision is applicable only to NYPA which has financed transmission facilities with the proceeds of bonds issued pursuant to Section 103 and related provisions of the Internal Revenue Code (“Government Bonds”). Notwithstanding any other provision of this the ISO OATT Tariff, neither the ISO nor NYPA shall be required to provide Transmission Service to any Eligible Customer Market Participant pursuant to this Tariff the ISO OATT if the provision of such transmission service Transmission Service would result in the loss of the tax-tax- exempt status of any government bonds Government Bonds or impair NYPA’s ability to issue future tax-exempt obligations.
Appears in 2 contracts
