Issuance Cost definition

Issuance Cost means all costs and expenses of issuing the Bonds, including the payment to the Issuer of the amount set forth in Section V.B of Exhibit A hereto. Issuance Costs payable from proceeds of the Bonds may not exceed two percent (2%) of the proceeds of the Bonds.
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Issuance Cost means all costs and expenses of issuance of the Series 2019 Notes, including, but not limited to, (a) application and commitment fees; (b) counsel fees, including Bond Counsel, Issuer’s counsel, and special tax counsel fees, as well as any other specialized counsel fees; (c) financial advisor fees; (d) accountants’ fees; (e) printing costs of the Series 2019 Notes and of any disclosure document; (f) publication costs associated with the financing proceedings; and (g) costs of engineering and feasibility studies necessary for the issuance of the Series 2019 Notes. Issuance Costs paid with proceeds of the Series 2019 Notes shall not exceed two percent (2%) of the proceeds of the Series 2019 Notes.
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Issuance Cost means all costs and expenses of issuance of the Project Bonds and Project Notes, including, but not limited to, (a) application and commitment fees; (b) counsel fees, including Bond Counsel, Issuer’s counsel, Borrower’s counsel, Holder’s counsel and special tax counsel fees, as well as any other specialized counsel fees; (c) financial advisor fees; (d) paying agent and certifying and authenticating agent fees relating to issuance of the Project Bonds and Project Notes; (e) accountants’ fees; (f) printing costs of the Project Bonds, Project Notes and of any disclosure document; and (g) publication costs associated with the financing proceedings all as authorized by Section 29(b)(2) of the Act.
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Examples of Issuance Cost in a sentence

  • Upon issuance of the ▇▇ ▇▇▇▇▇, there shall be created an Issuance Cost Account and a Capitalized Interest Account for deposit of all bond proceeds in excess of the Net Proceeds made available to the Company.

  • For purposes of determining the amount of any such reimbursement, the Parties agree that the $11.25 million settlement payment herein is allocated between the Income Tax Benefits at issue as follows: (a) $8.825 million is allocated to the Stratosphere Tax Benefits; and (b) $2.425 million is allocated to the Issuance Cost Benefits.

  • The Initial Administrative Fee shall be an Issuance Cost and shall be deposited into the Expense Fund as a cost of issuance on the Closing Date provided, however, that the aggregate fees and charges to be received by Council from Borrower shall not equal or exceed the amount, if any, which if reasonably expected on the Closing Date, would cause the interest component payable under the Bond to be taxable as interest on arbitrage obligations under the Code.

  • Grand and Park Place agree that Lakes shall have all rights provided by Section 9(e) of the Tax Allocation Agreement to participate in any Tax Authority examinations or reviews that may affect in any way the Stratosphere Tax Benefits and/or the Issuance Cost Benefits.

  • In the event that there is a bona fide disallowance by the Internal Revenue Service (“IRS”) of any deduction relating to the Stratosphere Tax Benefits or the Issuance Cost Benefits, Lakes agrees that within thirty (30) days of being provided written notice of such disallowance it will reimburse Grand and/or Park Place its proportionate share of the disallowed Income Tax Benefit.

  • Accordingly, the Parties agree that: (a) for each dollar of Stratosphere Tax Benefits-related deductions lost by Park Place/Grand due to a bona fide disallowance, Lakes shall reimburse Park Place 12.3 cents (up to a total of not more than $8,825,000.00); and (b) for each dollar of Issuance Cost Benefits-related deductions lost by Park Place/Grand due to a bona fide disallowance, Lakes shall reimburse Park Place 24.6 cents (up to a total of not more than $2,425,000.00).

  • Lakes agrees to provide documents and continue to otherwise cooperate with Grand and Park Place, as needed, in connection with Grand and Park Place’s efforts to obtain allowance of the deductions relating to the Stratosphere Tax Benefits or the Issuance Cost Benefits.


More Definitions of Issuance Cost

Issuance Cost shall include the following:
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Issuance Cost means all costs and expenses of issuance of the Bonds, including the payment by the Borrower of the amount set forth in Section III. E. of Exhibit A hereto to pay part of the costs of issuance of the Bonds, which amounts may be payable from proceeds of the Bonds or from other sources. Issuance Costs payable from proceeds of the Bonds may not exceed 2% of the proceeds of the Bonds.
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