Yield definition
Examples of Yield in a sentence
In addition to the amounts described above, Gross Proceeds not exceeding the Minor Portion may be invested without Yield restriction.
Earnings on such amounts may be invested without Yield restriction for one year after the date of receipt of such earnings.
If any unspent proceeds remain in those funds after 3 years, those amounts may continue to be invested without Yield restriction so long as the Issuer pays to the IRS all Yield reduction payments in accordance with Regulations § 1.148-5(c).
Xxxx proceeds deposited in the Project Fund, Capitalized Interest Fund and Cost of Issuance Fund and investment earnings on those proceeds may be invested without Yield restriction for up to 3 years following the Issue Date.
The Issuer when necessary to fulfill its Post-Issuance Tax Requirements will, through its Bond Compliance Officer, sign Form 8038-T in connection with the payment of arbitrage rebate or Yield reduction payments, participate in any federal income tax audit of the Bonds or related proceedings under a voluntary compliance agreement procedures (VCAP) or undertake a remedial action procedure pursuant to Regulations §§ 1.141-12.