Common use of Arbitrage Certifications Clause in Contracts

Arbitrage Certifications. The facts, estimates and expectations recited in Article III of this Tax Agreement are true and accurate as of the Issue Date; and the City believes that the estimates and expectations recited in such Article are reasonable as of the Issue Date. The City, the Trustee and ▇▇▇▇▇ ▇▇▇▇ LLP, Bond Counsel may rely on such statements and expectations. The City does not expect that the Bond proceeds will be used in a manner that would cause any Bond to be an “arbitrage bond” within the meaning of Code § 148; and to the best of the City’s knowledge and belief, there are no other facts, estimates or circumstances that would materially change such expectations.

Arbitrage Certifications. The facts, estimates and expectations recited in Article III of this Tax Agreement are true and accurate as of the Issue Date; and the City believes that the estimates and expectations recited in such Article are reasonable as of the Issue Date. The CityBoard, the Trustee and Trustee, ▇▇▇▇▇▇▇ & ▇▇▇▇ LLP▇, P.C., Bond Counsel Counsel, and the Underwriter may rely on such statements and expectations. The City does not expect that the Bond proceeds will be used in a manner that would cause any Bond to be an “arbitrage bond” within the meaning of Code § 148; and to the best of the City’s knowledge and belief, there are no other facts, estimates or circumstances that would materially change such expectations.