Common use of Tax-Exempt Reimbursement of Amount Loaned Clause in Contracts

Tax-Exempt Reimbursement of Amount Loaned. The Finance Authority intends to reimburse the public project revolving fund (as defined in the Finance Authority Act) for the amount of the Loan from the proceeds of tax-exempt bonds which the Finance Authority expects to issue within eighteen (18) months of the Closing Date.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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