Tax-Exempt Status of Interest on Bonds. (a) It is the intention of the parties hereto that interest on the Bonds shall be and remain tax-exempt, and to that end the covenants and agreements of the Authority and the Company in this Section 6.04 and the Tax Agreement are for the benefit of the Owners from time to time of the Bonds.
Appears in 14 contracts
Samples: Loan Agreement (Tucson Electric Power Co), Loan Agreement (UNS Energy Corp), Loan Agreement (UNS Energy Corp)
Tax-Exempt Status of Interest on Bonds. (a) It is the intention of the parties hereto that interest on the Bonds shall be and remain tax-exempt, and to that end the covenants and agreements of the Authority Pollution Control Corporation and the Company in this Section 6.04 and the Tax Agreement are for the benefit of the Owners from time to time of the Bonds.
Appears in 3 contracts
Samples: Loan Agreement (Tucson Electric Power Co), Loan Agreement (Tucson Electric Power Co), Loan Agreement (Tucson Electric Power Co)
Tax-Exempt Status of Interest on Bonds. (a) It is the intention of the parties hereto that interest on the Bonds shall be and remain tax-exemptexcluded from gross income for federal income tax purposes, and to that end the covenants and agreements of the Authority Pollution Control Corporation and the Company in this Section 6.04 and the Tax Agreement are for the benefit of the Owners beneficial owners from time to time of the Bonds.
Appears in 1 contract
Tax-Exempt Status of Interest on Bonds. (a) It is the intention of the parties hereto that interest on the Bonds shall be and remain tax-exempt, and to that end the covenants and agreements of the Authority City and the Company in this Section 6.04 and the Tax Agreement are for the benefit of the Owners from time to time of the Bonds.
Appears in 1 contract
Samples: Installment Sale Agreement (Tucson Electric Power Co)
