Nonarbitrage Certificate definition

Nonarbitrage Certificate means the Tax and Nonarbitrage Certificate of the District delivered in connection with the issuance of the Bonds.

Nonarbitrage Certificate means, collectively, any Tax and Nonarbitrage Certificate of the District delivered in connection with the issuance of any Bonds which are tax- exempt Bonds.

Nonarbitrage Certificate means the Tax Certificate or a Nonarbitrage Certificate prepared by Bond Counsel and delivered by the Authority at the time of the issuance and delivery of any Series of Bonds which purport to bear interest which is excluded from gross income for federal income tax purposes, as the same may be amended or supplemented in accordance with its terms.

Examples of Nonarbitrage Certificate in a sentence

• Amounts on deposit in the Excess Earnings Fund shall only be applied to payments made to the United States or otherwise transferred to other accounts or funds established hereunder in accordance with the Nonarbitrage Certificate.

• If there is any inconsistency or conflict between any provision of this Resolution and any provision of the Nonarbitrage Certificate, the Nonarbitrage Certificate prevails to the extent of the inconsistency or conflict.

• The District shall cause moneys to be transferred to the extent needed to comply with the Nonarbitrage Certificate.

• We also compare the performance of the method on centroid and profile experimental spectra.As our test dataset, we take 200 repeated measurements of Pierce LTQ Velos ESI Positive Ion Calibration Solution (Thermo Scientific).

• The County Administrator is authorized and directed to execute and deliver on the County’s behalf a Nonarbitrage Certificate and Tax Compliance Agreement and/or similar agreements or certificates (the Tax Documents”).

• The District shall transfer, or cause to be transferred, moneys from the General Obligation Building Fund to the Excess Earnings Fund in accordance with the provisions of the Nonarbitrage Certificate.

• Any amounts that remain in the General Obligation Building Fund at the completion of the Projects shall be transferred to the Debt Service Fund to be used to pay the Principal of, premium, if any, and interest on the Bonds, subject to any conditions set forth in the Nonarbitrage Certificate.

• The tax levy may include an allowance for a reasonably required reserve in accordance with the Nonarbitrage Certificate, established for the purpose of ensuring that the tax or assessment actually collected is sufficient to pay the annual debt service requirements on the Bonds due in such year.

• Any amounts on deposit in the Debt Service Fund when there are no longer any Bonds Outstanding shall be transferred to the General Fund of the District subject to any conditions set forth in the Nonarbitrage Certificate.

• Moneys held in all funds and accounts established hereunder shall be invested and reinvested by the Treasurer in Authorized Investments to the fullest extent practicable as shall be necessary to provide moneys when needed for payments to be made from such funds or accounts, subject to any conditions set forth in the Nonarbitrage Certificate.

More Definitions of Nonarbitrage Certificate

Nonarbitrage Certificate means the Tax and Nonarbitrage Certificate provided by the County on the Closing Date, as set forth in Exhibit F hereto, as the same may be amended from time to time, the 1998 Nonarbitrage Certificate and the 2012 Nonarbitrage Certificate, as applicable.