Opinion of Bond Counsel definition

Opinion of Bond Counsel means a written opinion of Bond Counsel.
Opinion of Bond Counsel means a written opinion of nationally recognized bond counsel selected by the Company and acceptable to the Trustee who is experienced in matters relating to the exclusion from gross income for federal income tax purposes of interest on obligations issued by states and their political subdivisions. Bond Counsel may be counsel to the Trustee or the Company.
Opinion of Bond Counsel means the written opinion of Bond Counsel to the effect that the proposed action or the failure to act will not adversely affect the exclusion of the interest on the Bonds from gross income for federal income tax purposes.

Examples of Opinion of Bond Counsel in a sentence

  • Opinion of Bond Counsel With Respect to Supplemental Indenture ..

  • If the Borrower so elects, the Borrower shall send a notice of such election to purchase in lieu of redemption of the Bonds to the Trustee no later than 10 days prior to the date scheduled for redemption accompanied by a Favorable Opinion of Bond Counsel addressed to the Issuer and the Trustee.

  • Before the Issuer shall enter into any supplemental indenture pursuant to this Section 11.02, a Favorable Opinion of Bond Counsel shall have been filed with the Trustee and the Issuer.

  • The Borrower shall give the Trustee written notice at least 10 days prior to the scheduled redemption date accompanied by a Favorable Opinion of Bond Counsel addressed to the Issuer and the Trustee.

  • Any amendment to the Loan Documents governed by this ARTICLE XI shall be accompanied by a Favorable Opinion of Bond Counsel.


More Definitions of Opinion of Bond Counsel

Opinion of Bond Counsel means an opinion of counsel of nationally recognized standing in the field of law relating to municipal bonds.
Opinion of Bond Counsel means a written opinion of any attorney at law or firm of attorneys of nationally recognized standing in matters pertaining to the exclusion from gross income for federal income tax purposes of interest on bonds issued by states and political subdivisions thereof, and duly admitted to practice law before the highest court of any state of the United States of America.
Opinion of Bond Counsel means an opinion by a nationally recognized firm experienced in matters relating to the tax exemption for interest payable on obligations of states and their instrumentalities and political subdivisions under federal law, and which is acceptable to the Bank and the Trustee.
Opinion of Bond Counsel means a written opinion of a law firm of national standing in the field of public finance selected by the Authority.
Opinion of Bond Counsel means the written opinion of Gilmore & Bell, P.C. or other nationally recognized firm of bond counsel. Unless otherwise specifically noted herein an Opinion of Bond Counsel must conclude that the action or proposed action or the failure to act or proposed failure to act for which the opinion is required will not adversely affect the exclusion of the interest on the Bonds from gross income for federal income tax purposes.
Opinion of Bond Counsel means an opinion in writing of Bond Counsel.
Opinion of Bond Counsel means an Opinion of Counsel by a nationally recognized firm experienced in matters relating to obligations of states and their instrumentalities and political subdivisions and which is acceptable to the Bond Bank and the Trustee.