Qualified purpose means any purpose authorized under s. 45.34 (1).
Qualified purpose means any purpose authorized under s. 45.76.
Qualified purpose means rehabilitating or repairing the public school facility in which the academy is established, providing equipment for use at such academy, developing course materials for education to be provided at such academy, and training teachers and other school personnel in such academy.
Examples of Qualified purpose in a sentence
Uncer- tainty concerning the development or improvement of the business compo- nent (e.g., its appropriate design) does not establish that all activities under- taken to achieve that new or improved business component constitute a proc- ess of experimentation.(ii) Qualified purpose.
Uncertainty concerning the development or improvement of the business component (e.g., its appropriate design) does not establish that all activities undertaken to achieve that new or improved business component constitute a process of experimentation.(ii) Qualified purpose.
A process of experi- mentation does not include any activities to select among several alternatives that are readily discernible and applicable.(iii) Qualified purpose.
A process of experimentation does not include any activities to select among several alternatives that are readily discernible and applicable.(iii) Qualified purpose.
Uncertainty concerning the development or improvement of the business compo- nent (e.g., its appropriate design) does not establish that all activities undertaken to achieve that new or improved business component constitute a process of experi- mentation.(ii) Qualified purpose.
More Definitions of Qualified purpose
Qualified purpose means capital expenditures for one or more qualified renewable energy facilities as described in section 54C(a)(1) and 54C(d)(1) of the Tax Code.
Qualified purpose means the expenditure of proceeds of the Series 2010C Certificates for the construction, rehabilitation, or repair of a public school facility or the acquisition of land on which such a facility is to be constructed and for the cost of acquisition of equipment to be used in such facilities. Reimbursement of such costs to the Board shall constitute a Qualified Purpose if such proceeds are used to reimburse the Board for amounts paid for a Qualified Purpose after the date the Secretary of the United States Treasury made an allocation of bond limitation applicable to the Series 2010C Certificates, but only if (i) prior to the payment of the original expenditure, the Board has declared its intent to reimburse such expenditure with the proceeds of the Series 2010C Certificates, (ii) not later than 60 days after payment of the original expenditure, the Board adopts an official intent to reimburse the original expenditure with such proceeds, and (iii) the reimbursement is made not later than 18 months after the date the original expenditure is paid.
Qualified purpose. As used herein, "qualified amount" means, with respect to Proved Mineral Interests acquired with the proceeds of Borrowings made during any period during which Section 10.14 is in effect hereunder, an amount equal to two hundred percent (200%) of the Recognized Value of that portion of such Proved Mineral Interests which constitute Proved Producing Mineral Interests.
Qualified purpose means (i) the purchase by any Credit Party of Proved Mineral Interests, or (ii) capital expenditures made by any Credit Party to maintain, enhance or develop Proved Mineral Interests owned by any Credit Party; provided, that, the portion of the aggregate amount of all Borrowings made during any period during which Section 10.14 is in effect hereunder which is utilized to purchase Proved Mineral Interests which is in excess of the "qualified amount" will not be deemed to be utilized for a "Qualified Purpose." As used herein, "qualified amount" means, with respect to Proved Mineral Interests acquired with the proceeds of Borrowings made during any period during which Section 10.14 is in effect hereunder, an amount equal to two hundred percent (200%) of the Recognized Value of that portion of such Proved Mineral Interests which constitute Proved Producing Mineral Interests.
Qualified purpose means rehabilitating or repairing the public school facilities of the District and/or providing equipment for use at such public school facilities.
Qualified purpose means construction, rehabilitation, or repair of a public school facility or for the acquisition of land on which such a facility is to be constructed with part of the proceeds of such issue, eligible expenditures include, among other things, expenditures for costs of acquisition of equipment to be used in such portion or portions of the public school facility that is being constructed, rehabilitated, or repaired within the meaning of Section 54F of the Code.
Qualified purpose means the expenditure of proceeds of the Series 2010 Certificates for the construction, rehabilitation, or repair of a public school facility or the acquisition of land on which such a facility is to be constructed and for the cost of acquisition of equipment to be used in such facilities. Reimbursement of such costs to the School Board shall constitute a Qualified Purpose if such proceeds are used to reimburse the School Board for amounts paid for a Qualified Purpose after the date the Secretary of the United States Treasury made an allocation of bond limitation applicable to the Series 2010 Certificates, but only if (i) prior to the payment of the original expenditure, the School Board has declared its intent to reimburse such expenditure with the proceeds of the Series 2010 Certificates, (ii) not later than 60 days after payment of the original expenditure, the School Board adopts an official intent to reimburse the original expenditure with such proceeds, and (iii) the reimbursement is made not later than 18 months after the date the original expenditure is paid.