Examples of Final Computation Date in a sentence
Furthermore, except for overpayments in certain limited circumstances, an overpayment of less than $5,000 may not be recovered before the Final Computation Date.
For the Series 2014 Xxxxx retired within three years of their issue date, however, the Final Computation Date need not occur before the end of eight months after the issue date or during the period in which the Concessionaire, on behalf of the Issuer, reasonably expect that any of the spending exceptions to the Rebate Requirement will apply to the Series 2014 Bonds.
For the Final Computation Date, a final rebate payment must be paid in an amount that, when added to the future value of previous rebate payments made for the Series 2014 Bonds, equals 100 percent of the rebate amount as of that date.
For installment payment Computation Dates other than the Final Computation Date, the Issuer (upon receipt of moneys from the Concessionaire) must rebate an amount that when added to the future value, as of that Computation Date, of previous rebate payments made for the Series 2014 Bonds, equals at least 90 percent of the rebate amount as of that date.
The date that the Series 2014 Bonds are discharged is the Final Computation Date.