Arbitrage Rebate Sample Clauses

Arbitrage Rebate. The Borrower agrees to take all steps necessary to compute and pay any rebatable arbitrage relating to the Funding Loan or the Governmental Lender Note in accordance with Section 148(f) of the Code including:
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Arbitrage Rebate. As required by Section 2.8, the Company will pay to or for the account of the Authority all amounts needed to comply with the requirements of Section 148 of the Code, concerning arbitrage bonds, including Section 148(f), which requires generally a rebate payment to the United States of America of arbitrage profit from investment of the proceeds of the Bonds in obligations other than tax-exempt obligations. The obligation of the Company to make such payments is unconditional and is not limited to funds representing the proceeds of the Bonds or income from the investment thereof or any other particular source.
Arbitrage Rebate. Under Section 148(f) of the Code. With respect to the arbitrage rebate requirements of Section 148(f) of the Code, either (check applicable box):
Arbitrage Rebate. (a) The Qualified Agency shall timely take such lawful action as requested by the Executive Director to avoid or mitigate the obligation to make payments to the United States government under section 148(f) of the Code, unless an Authorized Agency Representative certifies to the Authority that the requested action is not practicable.
Arbitrage Rebate. The District will take any and all actions necessary to assure compliance with Section 148(f) of the Tax Code, relating to the rebate of excess investment earnings, if any, to the federal government, to the extent that such section is applicable to the Lease Payments.
Arbitrage Rebate. Eighteen Month Exception: Pursuant to Treasury Regulations Section 1.148-7(d), the gross proceeds of this Property Schedule will be expended for the governmental purposes for which this Property Schedule was entered into, as follows: at least 15% within six months after the Commencement Date, at least 60% within 12 months after the Commencement Date, and 100% within 18 months after the Commencement Date. If Lessee is unable to comply with Section 1.148-7(d) of the Treasury Regulations, Lessee shall compute rebatable arbitrage on this Agreement and pay rebatable arbitrage to the United States at least once every five years, and within 60 days after payment of the final Lease Payment due under this Agreement. Consult tax counsel if there is any chance that the Eighteen Month Exception will not be met.
Arbitrage Rebate. (a) The Company acknowledges having read Sections 5.07 and 5.08 of the Indenture and agrees to perform all duties expressly or implicitly imposed upon it by such Sections and by the Tax Regulatory Agreement referred to therein. Insofar as Sections 5.07 and 5.08 of the Indenture and the Tax Regulatory Agreement expressly or implicitly impose duties and responsibilities on the Company, they are specifically incorporated herein by reference.
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Arbitrage Rebate. Section 5.13. Records and Financial Statements of the Borrower.
Arbitrage Rebate. (a) The Borrower acknowledges having read Sections 5.14 and 7.01 of the Indenture and agrees to perform all duties expressly or implicitly imposed upon it by such Sections and by the Rebate Memorandum referred to therein. Insofar as said Sections and the Rebate Memorandum expressly or implicitly impose duties and responsibilities on the Borrower, they are specifically incorporated herein by reference.
Arbitrage Rebate. The Authority shall take any and all actions necessary to assure compliance with Section 148(f) of the Tax Code, relating to the rebate of excess investment earnings, if any, to the federal government, to the extent that such section is applicable to the Loan.
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