Governmental Lender Counsel definition
Governmental Lender Counsel means any counsel nationally recognized as having an expertise in connection with the excludability of interest on obligations of states and local governmental units from gross income for federal income tax purposes, and initially shall mean ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ L.L.P.
Governmental Lender Counsel means any counsel nationally recognized as having an expertise in connection with the excludability of interest on obligations of states and local governmental units from gross income for federal income tax purposes and selected by the Governmental Lender, and initially shall mean Bracewell LLP.
Governmental Lender Counsel shall have the meaning set forth in the Funding Loan Agreement. "Governmental Lender Notes" shall mean, collectively, the Series A-1 Governmental Lender Note and the Series A-2 Governmental Lender Note.
Examples of Governmental Lender Counsel in a sentence
The money deposited to the Rebate Fund, together with all investments thereof and investment income therefrom, shall be held in trust separately and apart from the other funds held under this Funding Loan Agreement and applied solely as provided in this Section, unless in the Opinion of Governmental Lender Counsel failure to make such application will not adversely affect any exclusion from gross income of interest on the Governmental Lender Notes under the Code.
More Definitions of Governmental Lender Counsel
Governmental Lender Counsel shall have the meaning set forth in the Funding Loan Agreement. "Governmental Lender Notes" shall mean, collectively, the Series A-1 Governmental Lender Note and the Series A-2 Governmental Lender Note. "Governmental Lender’s Closing Fee" shall mean $168,000. The Governmental Lender’s Closing Fee is payable to the Governmental Lender on the Closing Date pursuant to Section 2.3(c)(iii) hereof.
Governmental Lender Counsel means any counsel nationally recognized as having an expertise in connection with the excludability of interest on obligations of states and local governmental units from gross income for federal income tax purposes, and initially shall mean McCall, Parkhurst & Horton L.L.P.