Examples of Qualified activity in a sentence
No issue and subscription of any Tranche 1 Notes shall take place after the date falling six months following the Closing Date for the first sub-tranche of Tranche 1 Notes or such other period as may be mutually agreed in writing between the parties.
Qualified activity means any activity constituting manufacturing (other than any repair, refurbishing, retooling, recycling or other similar process or procedure that merely preserves or restores the value of a product or that does not change the inherent nature of a product or material).
Qualified activity bonds also include exempt facility bonds; qualified mortgage or veterans’ mortgage bonds; small issue and redevelopment bonds, and student loan bonds.
Qualified activity worker, an individu- al who is a therapeutic recreational therapist who is eligible for registration as a therapeu- tic recreation specialist by the National Therapeutic Recreation Society.