Commencement of Construction; First Users. The Borrower hereby represents that the Borrower will not requisition any amounts from the proceeds of the Bonds to pay costs incurred before the date of issuance of the Bonds and paid more than 60 days prior to the date of "official action" of the Issuer within the meaning of Section 142 of the Code, which took place on May 13, 1997. No person, firm or corporation who was a "substantial user" of the Project (within the meaning described in such term under Section 144(a) of the Code) before the date of issuance of the Bonds and who was or will be a "substantial user" of the Project following its being placed in service, has received or will receive, directly or indirectly, any proceeds from the issuance and sale of the Bonds.
Commencement of Construction; First Users. The Company hereby represents that (i) neither "construction" nor "acquisition" or "installation" of the Project "commenced" prior to October 13, 1992 within the meaning of the Treasury Regulations promulgated under the Code; (ii) no person, firm or corporation who was a "substantial user" of the Project (within the meaning described in such term under the Code) before the date of issuance of the Bonds and was or will be a "substantial user" of the Project following its being placed in service, has received or will receive, directly or indirectly, any proceeds from the issuance and sale of the Bonds; and (iii) the Project was not first used prior to the date 18 months prior to die issuance of the Bonds.
Commencement of Construction; First Users. The Company hereby represents that neither "construction" nor "acquisition" of the Project "commenced" more than 60 days prior to "official action" of the Issuer within the meaning of Section 142 of the Code, which took place on November 16, 1994. No person, firm or corporation who was a Substantial User of the Project (within the meaning described in such term under Section 144(a) of the Code) before the date of issuance of the Bonds and who was or will be a Substantial User of the Project following its being placed in service, has received or will receive, directly or indirectly, any proceeds from the issuance and sale of the Bonds.
Commencement of Construction; First Users. The Borrower hereby represents that it will not requisition any amounts from the Proceeds of the Bonds to pay costs incurred before the Issuance Date of the Bonds if such amounts were paid more than 60 days prior to the date of “official action” of the Issuer within the meaning of Section 142 of the Code, which took place on June 22, 2011.
Commencement of Construction; First Users. The Borrower hereby represents that the Borrower will not requisition any amounts from the Proceeds of the Bonds to pay costs incurred before the Issuance Date of the Bonds and paid more than 60 days prior to the date of “official action” of the Issuer within the meaning of Section 142 of the Code, which took place on February 17, 2009. No person, firm or corporation who was a “substantial user” of the Project (as defined in the Code) before the Issuance Date of the Bonds and who was or will be a “substantial user” of the Project following its being placed in service, has received or will receive, directly or indirectly, any Proceeds from the issuance and sale of the Bonds.
