Volume Cap definition

Volume Cap means the amount or other limitation of ARRA Bonds allocated to each state and to counties and large municipalities within each state in accordance with Section 1400U-1(a)(4) of the Code, with respect to Recovery Zone Economic Development Bonds and Recovery Zone Facility Bonds, Section 54D(e)(1) of the Code, with respect to Qualified Energy Conservation Bonds, and any other section of the Code which imposes a volume cap limitation on any other Federal Bonds."

Volume Cap means, with respect to each calendar year, the principal amount of cap bonds that may be issued in the state in a calendar year as determined under the provisions of the tax act."

Volume Cap means the private activity bond volume cap for the state as computed under Section 146 of the code.

Examples of Volume Cap in a sentence

• MiFID II/MiFIR introduced a Double Volume Cap (‘DVC’) to curb “dark” trading by limiting, per platform and at EU level, the use of certain waivers from pre-trade transparency.

• I.R.C. § 42(h)(4) allows applications financed with tax-exempt bonds to apply for 4% LIHTCs. Applications financed with tax- exempt bonds must have a confirmed allocation of Private Activity Bonding Authority Volume Cap Allocation from the Arizona Finance Authority in order to receive an ADOH issued I.R.C.§42(m) Determination of Qualification of Tax Credits Letter.

• In addition, each development financed with tax-exempt bonds must comply with ADFA’s Guidelines for Reserving Volume Cap for Tax-Exempt Private Activity Bonds for Residential Rental Housing and ADFA’s Rules and Regulations Implementing the Law on the Allocation of the State Volume Cap for Private Activity Bonds Pursuant to Act 1004 of 2001 in effect at the time of the filing of the Application.

• Failure to submit, or correctly complete the Criminal Background and Disclosure Form – Housing by each applicant, consultant, and development team member on the application or affiliated public official on a HOME program application, as required at Section VI.C.5 of this QAP, shall disqualify the Application for reservation of LIHTCs, Tax-Exempt Bonds subject to Private Activity Volume Cap (“Bonds”) or HOME funds.

• Applicants shall comply with ADFA’s Guidelines for Reserving Volume Cap for Tax-Exempt Private Activity Bonds for Residential Rental Housing and ADFA’s Rules and Regulations Implementing the Law on the Allocation of the State Volume Cap for Private Activity Bonds Pursuant to Act 1004 of 2001 in effect at the time of the filing of the application.

More Definitions of Volume Cap

Volume Cap means the dollar amount of any stimulus obligation allocated to the state or another public entity pursuant to the federal recovery and reinvestment act or any other federal law.

Volume Cap means, with respect to each calendar year, the principal amount of cap

Volume Cap means the volume cap for Recovery Zone Bonds for the State as computed under Sections 1400U-1 through U-3 of the Code, the Notice and related regulations.

Volume Cap means the volume cap for Qualified Energy Conservation Bonds for the State as computed under Section 54D of the Code, the Notice and related regulations.

Volume Cap means the bond volume limitation imposed by 26 USC Section 54A, 26 USC Section 54D and Treasury Notice 2009-29.

Volume Cap means the private activity bond volume cap for the state as computed

Volume Cap means the volume cap under section 6;