Industrial Revenue Bond definition

Industrial Revenue Bond means any industrial revenue bond, industrial development bond or similar financings or programs; provided, that, to the extent the Borrower or its Restricted Subsidiaries enter into a Sale Leaseback with a Governmental Authority in connection with an Industrial Revenue Bond, the associated lease shall be deemed an operating lease notwithstanding anything to the contrary herein and any investment or other obligations of the Borrower or its Restricted Subsidiaries in connection therewith shall not be deemed to constitute Indebtedness thereunder.
Industrial Revenue Bond means the industrial revenue bond identified on Schedule 7.04 hereto.
Industrial Revenue Bond. (IRB) shall mean municipal bonds authorized by Kansas Statutes Annotated 12-1740 et seq.

Examples of Industrial Revenue Bond in a sentence

  • To the extent the City is a tenant of the Hotel Project by virtue of the Developer’s use of Industrial Revenue Bond financing, the existence of such leases by and between the City and the Developer are hereby acknowledged, without need for additional annual notice.

  • To the extent the City is a tenant of the North Project by virtue of the Developer’s use of Industrial Revenue Bond financing, the existence of such leases by and between the City and the Developer are hereby acknowledged, without need for additional annual notice.

  • No. R-1 Up to $20,000,000 United States of America State of New Mexico City of Rio Rancho, New Mexico Taxable Industrial Revenue Bond (Nature’s Toolbox, Inc.

  • Pursuant to the Indenture, the Issuer will issue its Taxable Industrial Revenue Bond (The Village @ La Orilla Project) Series 2017 in the maximum aggregate principal amount of $4,000,000 (the “Bond”).

  • Payment Amount Payment Amount Date Paid Signature Date Paid Signature BEFORE THE BOARD OF TAX APPEALS OF THE STATE OF KANSAS Industrial Revenue Bond Informational Statement (K.S.A. 12-1744a) (For State of Kansas use only) IRB Statement No. -IRB Fee: Amt Rec.

  • The Board, by Ordinance No. 2017-[ ], adopted on May 23, 2017 (the “Ordinance”), authorized, among other matters, (i) the issuance of its Bernalillo County, New Mexico Taxable Industrial Revenue Bond (The Village @ La Orilla Project), Series 2017 (the “Bond”) in the aggregate principal amount not to exceed $4,000,000, and substantially in the form of Exhibit A, and (ii) the execution and delivery of this Indenture.

  • Lessee recognizes that Industrial Revenue Bond financing in which the interest is intended to be exempt from federal income taxes ("IRB Financing") is being used for this project and the use of the Building is limited to manufacturing/production/processing/assembly purposes with no more than 25% office space.

  • Xxxxxxxx 12809 Xxxxxxx Ct. NE Albuquerque, NM, 87112 RE: $4,000,000 Bernalillo County, New Mexico Taxable Industrial Revenue Bond (The Village @ La Orilla Project) Series 2017 (the “Bond”) Please be advised that the undersigned is purchasing the Bond.

  • Long-term debt at September 30, 1998 consists of a 5.625% Industrial Revenue Bond (IRB) in the amount of $3,500, due December 1, 2002.

  • In consideration for VoxLumen relocating to the Fishers Site, its Employment Commitment and Investment Commitment, Fishers, FRC and EDC shall assist VoxLumen with obtaining certain tax-exempt Industrial Revenue Bonds in an amount not to exceed ten million dollars ($10,000,000.00) and consistent with the Indiana Finance Authority’s Industrial Revenue Bond program and the FRC Resolution attached hereto and incorporated herein as Exhibit B (“IRB”).


More Definitions of Industrial Revenue Bond

Industrial Revenue Bond or “IRB” shall mean a bond issued through the Lexington-Fayette Urban County Government pursuant to KRS 103.200, et seq., with the approval of, and in compliance with the guidelines and procedures of LFUCG’s Economic Development Investment Board and the Urban County Council.
Industrial Revenue Bond means the industrial revenue bonds issued pursuant to the Santa Xxxxxx Indenture with respect to Sellers' Santa Xxxxxx, Xxxx Xxx County, New Mexico site, which bonds are secured by certain equipment and a portion of the real estate located at 0000 Xxxxxxx Xxxx, Xxxxx Xxxxxx, New Mexico.
Industrial Revenue Bond means the industrial revenue bond identified on Schedule 7.04 hereto. “Information” has the meaning assigned to such term in Section 10.07. “Information Memorandum” means the Confidential Information Memorandum dated May 2017, as modified or supplemented prior to the Original Closing Date. “Intellectual Property Rights” has the meaning assigned to such term in Section 4.23. “Intercompany Accounts” means all obligations and liabilities, however arising, which are due to any Loan Party from, which are due from any Loan Party to, or which otherwise arise from any transaction by any Loan Party with, any Affiliate of such Loan Party.

Related to Industrial Revenue Bond

  • Nodal Ministry means the Ministry or Department identified pursuant to this order in respect of a particular item of goods or services or works.

  • Industrial building means a building used for or in connection with,

  • International air transportation means transportation by air between a place in the United States and a place outside the United States or between two places both of which are outside the United States.

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • Commercial real estate means real estate or an interest in real estate that is not any of the following: