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
To the extent that less than 100% of the Available Project Proceeds of the Lease are expended for a Qualified Purpose by the end of Expenditure Period, all nonqualified bonds (as determined under Section 142 of the Tax Code) shall be redeemed within 90 days of the end of said Available Project Proceeds Expenditure Period, all in accordance with the requirements of Section 54A(d)(2) of the Tax Code in the time and manner prescribed by the Tax Code.
The District will, within 6 months of the date of this Lease, enter into a substantial binding obligation to a third party to spend at least 10.0% of the Available Project Proceeds for a Qualified Purpose with respect to the QZAB Program.
Any Confidential Information of the Disclosing Party will be used by the Receiving Party solely for the Qualified Purpose.
More Definitions of Qualified purpose
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 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 (i) the purchase by Borrower of Proved Mineral Interests, or (ii) capital expenditures made by Borrower to maintain, enhance or develop Proved Mineral Interests owned by Borrower; provided, that, the portion of the aggregate amount of all Borrowings made during any period during which Section 9.15 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 9.15 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 Borrower of Proved Mineral ------------------ Interests, or (ii) capital expenditures made by Borrower to maintain, enhance or develop Proved Mineral Interests owned by Borrower; 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 any purpose authorized under s. 45.76 45.24 (1).