Exempt facility bonds definition

Exempt facility bonds means restricted bonds, except restricted bonds issued for multi-family rental housing projects or enterprise zone facilities, qualified small issue bonds, student loan bonds or mortgage revenue bonds, that are exempt facility bonds as defined in section 142 of the Internal Revenue Code.
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Exempt facility bonds means exempt facility bonds as
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Exempt facility bonds means exempt facility bonds as defined in Section 142(a) of the Internal Revenue Code;
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Examples of Exempt facility bonds in a sentence

  • An issuer may apply this section to any bond sold before July 8, 1997.[T.D. 8718, 62 FR 25506, May 9, 1997] § 1.142(a)(5)–1 Exempt facility bonds: Sewage facilities.(a) In general.

  • Exempt facility bonds include qualified enterprise zone facility bonds for use in empowerment zones and enterprise communities.Qualified public educational facilities.

  • In progress/Follow-up actions: Communications should focus on more consistency with ensuring the local media is continually updated on the work of the EAC.

  • Exempt facility bonds issued for ports are not subject to the State volume cap.

  • Port facilities Exempt facility bonds may be issued to finance port (“dock and wharf”) facilities and related storage and training facilities.

  • Exempt facility bonds include empowerment zone facility bonds and enterprise zone facility bonds for use in empowerment zones and enterprise communities.Qualified mortgage bond.

  • Rules governing private activity bonds for selected infrastructure facilities Airports Exempt facility bonds may be issued to finance airports.

  • EQUITY STOCK OPTIONS - Options continue vesting as scheduled during the 24 month period.

  • Exempt facility bonds for zero-emission vehicle infrastructure.This provision expands the definition of exempt facility bond eligible for tax-exempt private activity bond financing to include any bond issued if 95 percent or more of the net proceeds are to be used to provide zero-emission vehicle infrastructure.

  • Exempt facility bonds are often used to finance infrastructure projects.


More Definitions of Exempt facility bonds

Exempt facility bonds means bonds issued to finance exempt facilities as defined in the Code or in the Internal Revenue Code of 1954.
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Exempt facility bonds a Mass commuting facilities (section 142(a)(3)) b Water furnishing facilities (section 142(a)(4)) . c Sewage facilities (section 142(a)(5)). d Solid waste disposal facilities (section 142(a)(6)) e Qualified residential rental projects (section 142(a)(7)). f Facilities for the local furnishing of electric energy or gas (section 142(a)(8)) g Local district heating or cooling facilities (section 142(a)(9)). h Qualified hazardous waste facilities (section 142(a)(1 O)) .
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Exempt facility bonds means any bonds, except
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Exempt facility bonds means restricted bonds, except restricted bonds issued for multi-family rental housing projects or enterprise zone facilities, qualified small issue bonds, student loan bonds
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Exempt facility bonds means bonds issued to finance exempt facilities as contemplated in Section 142 of the Code or industrial development bonds as defined in Section 103(b)(2) of the Internal Revenue Code of 1954.]
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Related to Exempt facility bonds

  • Outstanding Parity Bonds means the Outstanding Series 2010B Bonds, Series 2011A Bonds, Series 2012A Bonds, Series 2014 Bonds, Series 2015 Bonds, Series 2016 Bonds, Series 2017 Bonds, and Series 2019A Bonds.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • Parity Bonds means bonds payable from the revenues of the System other than the Bonds but issued on a parity and equality with the Bonds pursuant to the restrictive provisions of Section 11 of this Resolution;

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Existing Bonds means the following obligations of Seller:

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Surety Bonds means surety bonds obtained by the Borrower or any Restricted Subsidiary consistent with market practice and the indemnification or reimbursement obligations of the Borrower or such Restricted Subsidiary in connection therewith.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • Liquidity Facility “Loan Trustee”, “Long-Term Rating”, “Non-Extended Facility”, “Operative Agreements”, “Participation Agreements”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Series A Equipment Notes”, “Scheduled Payment”, “Short-Term Rating”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement” and “United States”.

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • Liquidity Facilities means, collectively, the Class A Liquidity Facility and the Class B Liquidity Facility.

  • Refunded Bonds means the portion of the $280,000 of the Series J Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2.

  • Refunding Bond or “Refunding Bonds” means all or a portion of the

  • Qualified Securitization Facility means any Securitization Facility (1) constituting a securitization financing facility that meets the following conditions: (a) the Board of Directors will have determined in good faith that such Securitization Facility (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair and reasonable to the Borrower and the applicable Restricted Subsidiary or Securitization Subsidiary and (b) all sales or contributions of Securitization Assets and related assets to the applicable Person or Securitization Subsidiary are made at fair market value (as determined in good faith by the Borrower) or (2) constituting a receivables financing facility.

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Subsequent Bonds means any Bonds issued after the First Issue Date on one or more occasions.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).