Computation Date Credit means on the last day of each Bond Year during which there are Gross Proceeds subject to the rebate requirement of Article IV hereof, and on the Final Computation Date, the amount of $1,000.
Computation Date Credit means, with respect to an issue of obligations, the
Examples of Computation Date Credit in a sentence
As of any date, the Rebate Amount for the Lease is the excess of the future value, as of that date, of all Receipts on Nonpurpose Investments over the future value, as of that date, of all Payments on Nonpurpose Investments (taking into account that the Computation Date Credit is a Payment on Nonpurpose Investments).
More Definitions of Computation Date Credit
Computation Date Credit means, with respect to an issue of obligations, the “computation credit” treated as a Payment for Nonpurpose Investments allocable to such obligations as of the end of each Bond Year for such obligations and on the Final Computation Date for such obligations pursuant to Section 1.148-3(d)(1)(iv) of the Regulations.
Computation Date Credit means, with respect to the Series 2014 Bonds, the “computation credit” treated as a payment for Nonpurpose Investments allocable to the Series 2014 Bonds as of the end of each Bond Year for the Series 2014 Bonds and on the final Computation Date for the Series 2014 Bonds pursuant to Section 1.148-3(d)(1)(iv) of the Regulations.
Computation Date Credit means $1,000 on the last day of each Note Year during which there are amounts allocated to Gross Proceeds of the Notes that are subject to rebate, and on the final maturity date of the Notes.
Computation Date Credit means with respect to an issue a credit of $1,000 against the rebatable arbitrage on (i) the last day of each Note Year during which there are amounts allocated to Gross Proceeds of an issue subject to the Rebate Requirement; and (ii) the final maturity date for an issue.