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Taxable Note definition

Taxable Note means any Note delivered in connection with a written direction of the County delivered pursuant to Section 3.01(b) of the Supplemental Trust Agreement stating that the interest on the Series B Notes shall be included in the gross income of the holder thereof for federal income tax purposes.
Taxable Note has the meaning set forth in Section 3.02(b) hereof.
Taxable Note means the “City of Camas, Washington Limited Tax General Obligation Bond Anticipation Note, 2024 (Taxable)” authorized by this ordinance.

Examples of Taxable Note in a sentence

  • The provisions of this Section 11 shall not apply to a Taxable Note.

  • Each Taxable Term Loan made by the Lender and all payments and prepayments on the account of the principal and interest of each Taxable Term Loan shall be recorded by the Lender on the schedule attached to the Taxable Note; provided, however, that the failure of the Lender to make any such endorsement or any error therein shall not affect the obligations of the Authority hereunder or under the Taxable Note in respect of unpaid principal and interest on each Taxable Term Loan.

  • In the event the Taxable Note Purchase Agreement terminates, this Agreement will be terminated and, in the event the City enters into a replacement or other note purchase agreement, this Agreement will be replaced with a similar note paying agent agreement.

  • This Agreement applies solely to Direct Purchase Notes purchased by the Bank pursuant to the Taxable Note Purchase Agreement.

  • City shall advise the Agent of the amount of the Commitment under the Taxable Note Purchase Agreement, including any change in the amount of the Commitment during the term of the Taxable Note Purchase Agreement.


More Definitions of Taxable Note

Taxable Note means the Note dated , 2022, of the City in favor of the Bank evidencing the outstanding Taxable Revolving Loans and the Taxable Term Loan made by the Bank and substantially in the form of Exhibit B-2 hereto.
Taxable Note means the Orange County Water District 2022-23 Taxable Tax and Revenue Anticipation Note to be issued hereunder.
Taxable Note means the Amended and Restated Taxable Note dated April [ ], 2022, of the Authority in favor of the Taxable Lender evidencing the outstanding Taxable Revolving Loans and the Taxable Term Loan made by the Taxable Lender and substantially in the form of Exhibit B-2 hereto.
Taxable Note has the meaning set forth in Section 3.2(b) hereof.
Taxable Note means the Note dated October 9, 2019, of the Borrower in favor of the Lender evidencing the outstanding Taxable Revolving Loans made by the Lender and substantially in the form of Exhibit B-1 hereto.
Taxable Note means any of a series of the City’s Community Redevelopment Revenue Notes (10th & Military Creekside Village Project), the interest on which is determined by the City to be includable in gross income for federal income tax purposes.
Taxable Note means the promissory note issued by the Authority to the order of the Bank, evidencing and securing the Taxable Loans, substantially in the form of Exhibit A-3 attached hereto, with appropriate completions, and any and all renewals, extensions or modifications thereof.