Examples of System Bonds in a sentence
The Parties agree that any allocation prepared by the Concessionaire that is prepared in accordance with said section 1060 and the applicable Income Tax Regulations and does not restrict the ability of the City to preserve the tax-exempt status of interest on the System Bonds shall be binding upon the Parties.
The Parties agree that any allocation under said section 1060 must not restrict the City’s ability to preserve the tax- exempt status of the interest on the System Bonds as determined by the City.
Notwithstanding anything herein to the contrary, so long as the Series 2014_ Bonds are held under the Book Entry System, Bonds will not be delivered as set forth in Section 2.07(a) through (c) (except as set forth in Section 2.07(b)); rather, transfers of beneficial ownership and pledges of the Series 2014_ Bonds to the Persons indicated above will be effected on the books of the Securities Depository and its Participants pursuant to the rules and procedures of the Securities Depository.
The Parties agree that any allocation prepared by the Concessionaire that is prepared in accordance with said section 1060 and the applicable Income Tax Regulations and does not restrict the ability of the Authority or the Borough, as applicable, to preserve the tax-exempt status of interest on the System Bonds shall be binding upon the Parties.
In no event shall the Concessionaire bear any liability for failure of such “remedial actions” or any other event that would have an adverse impact on the tax-exempt status of the System Bonds.
The Parties agree that any allocation under said section 1060 must not restrict the City’s ability to preserve the tax-exempt status of the interest on the System Bonds as determined by the City.
However, pursuant to NMSA 1978, § 6-14-10(E), as amended, records with regard to the ownership or pledge of System Bonds are not subject to inspection or copying.
The Parties agree that any allocation under said section 1060 must not restrict the Authority’s or the Borough’s ability to preserve the tax-exempt status of the interest on the System Bonds as determined by the Authority or the Borough, as applicable.