Yield Reduction Payment definition

Yield Reduction Payment means a rebate payment or any other amount paid to the United States in the same manner as rebate amounts are required to be paid or at such other time or in such manner as the IRS may prescribe that will be treated as a reduction in Yield of an investment under the Regulations.

Yield Reduction Payment means any payment of the Yield Reduction Amount made to the United States Treasury.

Yield Reduction Payment means a payment to the United States with respect to an Investment which is treated as a Payment for that Investment that reduces the Yield on that Investment in accordance with Section 1.148-5(c) of the Regulations. Yield Reduction Payments include Rebate Amounts paid to the United States.

Examples of Yield Reduction Payment in a sentence

• The Locality Rebate Requirement and the Yield Reduction Payment of each Locality shall be paid to the United States Department of the Treasury at the direction of VPSA on behalf of and for the accounts of the Locality and VPSA in accordance with the Related Tax Agreements.

• Such amount shall be the "Locality Yield Reduction Payment" as of the Computation Date.

• To the extent that the amount on deposit in the Income Subaccount exceeds the sum of the Locality Rebate Requirement and Yield Reduction Payment for the Locality, such excess shall be transferred to the Principal Subaccount of the Locality.

• Upon receipt by a Locality of the Rebate Report from VPSA, if the amount on deposit in the Locality's Income Subaccount (including the Income Subaccount Set Aside) is less than the sum of the Locality Rebate Requirement and Yield Reduction Payment of such Locality, the Investment Manager shall promptly charge the Principal Subaccount of such Locality an amount equal to the deficiency and credit its Income Subaccount such amount.

• The calculation of such Yield Reduction Payment shall not take into account any investment activity prior to [May 14], 2027.

More Definitions of Yield Reduction Payment

Yield Reduction Payment shall have the same meaning given to such term by Section 13 of this Proceeds Agreement.

Yield Reduction Payment means a payment to the United States with respect to an Investment which is treated as a Payment for that Investment that reduces the Yield on that Investment in accordance with ss. 1.148-5(c) of the Regulations. Yield Reduction Payments include Rebate Amounts paid to the United States.

Yield Reduction Payment or “Yield Reduction Amount” means any amount paid to the United States to reduce the yield on Investment Property (as defined in the Code) for yield restriction purposes pursuant to Treas. Reg. § 1.148-5(c).

Yield Reduction Payment means a payment to the United States with respect to an Investment which is treated as a Payment for that Investment that reduces the Yield on that Investment in accordance with Section 1.148-5(c) of the Regulations. Yield Reduction Payments include Rebate Amounts paid to the United States

Yield Reduction Payment means a rebate payment or any other amount paid to the United States in the same manner as rebate amounts are required to be paid or at such

Yield Reduction Payment means a payment to the United States with respect to an Investment which is treated as a Payment for that Investment that reduces the Yield on thatInvestment in accordance with Section 1.148-5(c) of the Regulations. Yield Reduction Payments include Rebate Amounts paid to the United States. 1.8 Bond Counsel shall be permitted to rely, after due inquiry, upon the contents of any certification, document or instructions provided pursuant to this Tax Compliance Certificate and shall not be responsible or liable in any way for the accuracy of their contents or the failure of the Issuer to deliver any required information.

Yield Reduction Payment means a payment to the United States of America with respect to an Investment which is treated as a Payment for that Investment that reduces the Yield of that Investment in accordance with Section 1.148-5(c) of the Regulations. Yield Reduction Payments include Rebate Amounts paid to the United States of America.