Taxable Obligations definition

Taxable Obligations means all investment property, obligations or securities other than Tax Exempt Obligations.
Taxable Obligations means Non-Ad Valorem Revenue Obligations (other than Subsidy Obligations) the interest on which is not intended at the time of the issuance thereof to be excluded from the gross income of the holders thereof for federal income tax purposes.
Taxable Obligations means any Refunding Bonds the interest on which is intended to be included in gross income for federal income tax purposes.

Examples of Taxable Obligations in a sentence

  • The Bonds shall be Tax-Exempt Obligations or Taxable Obligations, as specified in the Certificate of Determination.

  • Continuing disclosure agreement for additional series of Taxable Obligations and Tax-Exempt Obligations issued pursuant to the Master Indenture shall be approved in a supplemental indenture.

  • Purdue PharmaL.P., No. C17-209RSM, 2017 WL 4236062, at *7 (W.D. Wash.

  • Taxable Obligations issued hereunder shall be payable from and secured by a first and senior lien, or a junior and subordinate lien on the Pledged Special Taxes, the Pledged Rent and the Pledged Taxable Obligation Accounts, as specified in a Supplemental Indenture authorizing the issuance thereof.

  • In its review of the applicant’s sound level assessment on behalf of the Department, Tech Environmental, Inc.


More Definitions of Taxable Obligations

Taxable Obligations means the Bonds of any Series determined to be issued on
Taxable Obligations means obligations the interest on which is included as gross income for federal income tax purposes.
Taxable Obligations means Obligations issued hereunder the interest on which is not excludable from the gross income of the Owners thereof for federal income tax purposes.
Taxable Obligations means Obligations the interest on which is not excluded from gross income for federal income tax purposes under Section 103 of the Code.
Taxable Obligations means any Series 2016_ Bonds not designated as Tax-Exempt Obligations in the Certificate of Award.
Taxable Obligations. (or “Taxable Bonds”) means Bonds that are issued and sold as obligations the interest on which is not excluded from gross income for federal income tax purposes.
Taxable Obligations means those certain obligations of the District under an indenture of trust or evidenced by an installment purchase agreement or similar instrument whose proceeds are used in whole or in part to pay the costs of the Nacimiento Project, any Approved Additional Project or any Required Additional Project, the interest on which is included in gross income pursuant to federal income tax law.