TAX-EXEMPT FINANCING. Since October 31, 1997, no tax-exempt bonds have been issued or reissued of which it is a beneficiary.
Appears in 2 contracts
Samples: Merger Agreement (Avalon Properties Inc), Merger Agreement (Bay Apartment Communities Inc)
TAX-EXEMPT FINANCING. Since October 31, 1997, no tax-exempt bonds have been issued or reissued of which it is a beneficiary.
Appears in 2 contracts
Samples: Merger Agreement (Avalon Properties Inc), Merger Agreement (Bay Apartment Communities Inc)