Qualified Equity definition
Qualified Equity means any Capital Stock that is not a Disqualified Equity Interest.
Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the Project at any time during the period beginning not earlier than the later of (a) 60 days prior to the Official Intent Date or (b) three years prior to the Issue Date, and ending not later than the date the Project is capable of and actually used at substantially its designed level. Qualified Equity excludes an ownership interest in real property or tangible personal property.
Qualified Equity means funds (but excluding an existing equity ownership interest in real property or tangible personal property) that are not derived from proceeds of a tax-exempt financing that are spent on the Project on a date that is no earlier than a date on which such expenditures would be eligible for reimbursement by proceeds of the Bonds under Regulations § 1.150-2(d)(2) and ending not later than the date the Project is capable of and actually used at substantially its designed level.
Examples of Qualified Equity in a sentence
The Bond Compliance Officer will supplement the expected allocation of Bond proceeds and Qualified Equity to expenditures with a Final Written Allocation as required by the Tax Compliance Procedure.
More Definitions of Qualified Equity
Qualified Equity means any Equity Interests other than Disqualified Equity.
Qualified Equity means any Capital Stock other than Disqualified Capital Stock and any cash equity contributed to the common or ordinary unit capital of any Person.
Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the Financed Facility at any time during the period beginning not earlier than the later of
Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the 2018 Project at any time during the period beginning not earlier than the later of (a) 60 days before the Official Intent Date or (b) three years before the Issue Date, and ending not later than the date the 2018 Project is capable of and actually used at substantially its designed level. Qualified Equity excludes an ownership interest in real property or tangible personal property.
Qualified Equity means proceeds of an issue that is not a tax-advantaged issue and funds that are not derived from proceeds of a borrowing that are spent on the same Eligible Mixed- Use Project as the proceeds of the Note. Qualified Equity does not include equity interests in real property or tangible personal property or funds used to redeem or repay governmental bonds.
Qualified Equity means funds that are not derived from proceeds of a tax-exempt financing that are spent on the Project at any time during the period beginning not earlier than the later of (a) 60 days prior to the date of the applicable resolution of official intent indicating the intent of the Agency to borrow proceeds of a tax-exempt debt obligation to finance the Project or (b) three years prior to the issue date of the applicable Original Obligation, and ending not later than the date the Project is capable of and actually used at substantially its designed level. Qualified Equity excludes an ownership interest in real property or tangible personal property.
Qualified Equity means funds (but excluding an existing equity ownership interest in real property or tangible personal property) that are not derived from proceeds of a tax-exempt financing that are spent on the Improvements on a date that is no earlier than a date on which such expenditures would be eligible for reimbursement by proceeds of the Notes under Regulations § 1.150-2(d)(2) and ending not later than the date the Improvements are capable of and actually used at substantially their designed level.