Exemption definition

Exemption means the exemption from real property taxation provided hereunder.
Exemption means the exemption from the registration requirements of the U.S. Securities Act provided by Section 3(a)(10) thereof.

Examples of Exemption in a sentence

  • The Lessee does not qualify for the small issuer Rebate Exemption described above, and the Lessee hereby certifies and covenants that it will account for, keep the appropriate records of, and pay to the United States, the rebate amount, if any, earned from the investment of gross proceeds of this Lease and the Advances to be made hereunder, at the times, in the amounts, and in the manner prescribed in Section 148(f) of the Code and the applicable Regulations promulgated with respect thereto.

  • Section 7.3 Valuation Assessment; Property Tax Exemption 28 Section 7.4 Failure to Pay Impositions 28 Section 7.5 Utilities 28 ARTICLE 8.

  • Accordingly, the Lessee will qualify for the Rebate Exemption granted to governmental units issuing less than $5,000,000 under Section 148(f)(4)(D) of the Code ($15,000,000 for the financing of public school facilities construction as described above), and the Lessee shall be treated as meeting the requirements of Paragraphs (2) and (3) of Section 148(f) of the Code relating to the required rebate of arbitrage earnings to the United States with respect to this Lease and the Advances to be made hereunder.

  • The Agency shall complete an Exemption Application in connection herewith, file with the Town Assessor of the Town of Cohocton such Exemption Application together with a copy of this Amendment, and provide a copy of such filed materials to the Affected Tax Jurisdictions.


More Definitions of Exemption

Exemption. PTE 96-22 issued to a predecessor of Xxxxx Fargo Securities and PTE 90-59 issued to RBSSI (formerly known as Greenwich Capital Markets Inc.) each as amended by PTE 2013-08 and as may be subsequently amended following the Closing Date.
Exemption has the meaning ascribed thereto in Section 2.3;
Exemption means any discretionary exemption to which Part 4 of MI 11-102 applies;
Exemption means a grant of relief from requirements of a current regulation when processed through the appropriate regulatory procedure by the FAA or the European Commission or AA, as applicable.
Exemption means a discretionary action of the director that relieves the applicant from a requirement of Chapter 3734. of the Revised Code or any rule adopted thereunder.