Purpose Investment definition

Purpose Investment means an investment that is acquired to carry out the governmental purpose of an issue.
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Purpose Investment means an Investment that is acquired to carry out the governmental purpose of an issue of obligations.
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Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Series 2017/2018 Bonds, which is (i) redemption of the 2037 maturity of the Series 2012 Bonds; and (ii) payment of a portion of the costs associated with such issuance.
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Examples of Purpose Investment in a sentence

  • Separate purposes include refunding a separate prior issue, financing a separate Purpose Investment (e.g., a separate loan), financing a Construction Issue, and any clearly discrete governmental purpose reasonably expected to be financed by the issue.

  • The Public Purpose Investment shall be non-refundable to Lessee upon payment to Lessor, irrespective of any termination of the Lease by Xxxxxx (whether during the Inspection Period or otherwise).

  • Accordingly, Xxxxxx’s obligation to pay the Public Purpose Investment as set forth above shall survive the expiration or earlier termination of this Lease.

  • The Public Purpose Investment shall be due and payable by Lessee irrespective of Xxxxxx’s exercise of any termination right set forth in this Lease.

  • Lessee’s obligation to pay the Public Purpose Investment to Lessor shall survive the termination of this Lease, and shall be a component of any damages claim Lessor may have after a Default, in additional to any and all other claims or damages which Lessor may be entitled to claim against Lessee for such Default.

  • The Bond Purchase and Loan Agreement constitutes "investment property." The Bond Purchase and Loan Agreement is a Purpose Investment.

  • The Public Purpose Investment shall constitute rent under applicable Legal Requirements, and the payment of the Public Purpose Investment by Lessee to Lessor shall be a covenant independent of any other obligation of Lessor under this Lease.

  • Any such change shall take effect only on written agreement between the Parties signed by the duly authorised representatives of the Parties, referring to this Recipient Agreement and setting out the changed Purpose, Investment Deadline or Funding Amount, or identifying the changed Planned Delivery Forecast (as the case may be).

  • Permitted Purpose Investment, construction and operational opportunities associated with projects introduced by either party Recipient means, in relation to certain information, the party that receives that information from the other party.


More Definitions of Purpose Investment

Purpose Investment means Investment Property purchased with Gross Proceeds of the Governmental Obligations to carry out the governmental purpose for which the obligations were issued, as provided in Treas. Reg. §1.148-1(b), issued under the Code. "Qualified 501(c)(3) Bond" means any Qualified Private Activity Bond that satisfies the requirements of Section 145 of the Code. "Qualified Private Activity Bond" means any Private Activity Bond that satisfies the requirements of Section 141(e) of the Code.
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Purpose Investment means any Investment that is acquired with the Gross Proceeds of an issue of obligations to carry out the governmental purpose for which such issue was issued.
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Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Series 2012 Bonds, which is (i) to refund a portion of the remaining Miami University General Receipts Revenue and Refunding Bonds, Series 2003, dated October 21, 2003, currently outstanding in the principal amount of
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Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Bonds, which is to provide funding for the acqui- sition of the Project, and any necessary related improvements thereto, and to pay a portion of the costs associated with such issuance.
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Purpose Investment means an Investment that is acquired to carry out the governmental purpose of an issue. The Bond constitutes a Purpose Investment.
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Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Series 2010 Bonds, which is to fund (i) (i) renovation of Elliott, Stoddard and Bishop Halls; (ii) infrastructure upgrades relating to proposed new housing facilities; (iii) safety upgrades; (iv) planning for Marcum Center additions; (v) Havighurst Hall HVAC replacement; (vi) infrastructure upgrades and extensions for Armstrong Student Center, modification to Gaskill and Rowan Halls and initial construction phase (vii) renovation of Phillips Hall; and (viii) payment of a portion of the costs associated with such issuance.
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Related to Purpose Investment

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Capital investment means an investment in real property, personal property, or both, at a

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Alternative investment means an investment in a private equity fund, venture fund, hedge fund, or absolute return fund.

  • Follow-On Investment means an additional investment in the same issuer, including, but not limited to, through the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • Qualified investment has the meaning set forth in Section 313.021(1) of the TEXAS TAX CODE, as interpreted by the Comptroller’s Rules.

  • Investment Account As defined in Section 3.12(a).

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by Seller (other than trade receivables generated in the ordinary course of business of the Seller).

  • Qualifying investment means a capital investment in real property including the purchase price of land and existing buildings and structures, site preparation, improvements to the real property, building construction, and long-term lease costs. “Qualifying investment” also means a capital investment in depreciable assets.