Common use of No Arbitrage Clause in Contracts

No Arbitrage. The District shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of this Lease which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date of the Lease would have caused the Lease to be "arbitrage bonds" within the meaning of section 148 of the Tax Code as modified by Section 54A(d)(4) of the Tax Code, including the Treasury Regulations with respect thereto.

No Arbitrage. The District shall will not take, or permit or suffer to be taken by the Trustee or otherwisetaken, any action with respect to the proceeds of this the Lease Payments which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date of the Lease would have caused the Lease Payments to be "“arbitrage bonds" ” within the meaning of section 148 of the Tax Code as modified by Section 54A(d)(4148(a) of the Tax Code, including the Treasury Regulations with respect thereto.

No Arbitrage. The District shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of this Lease the Certificates or of any other obligations which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date of the Lease Date, would have caused the obligations of the District under the Lease to be "“arbitrage bonds" ” within the meaning of section 148 of the Tax Code as modified by Section 54A(d)(4148(a) of the Tax Code, including the Treasury Regulations with respect thereto.

No Arbitrage. The District shall may not take, or permit or suffer to be taken by the Trustee or otherwisetaken, any action with respect to the proceeds of this Lease the Loan Repayments which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date of the Lease would have caused the Lease Loan Repayments to be "“arbitrage bonds" ” within the meaning of section 148 of the Tax Code as modified by Section 54A(d)(4148(a) of the Tax Code, including the Treasury Regulations with respect thereto.

No Arbitrage. The District shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of this Lease the Certificates or of any other obligations which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date of the Lease Date, would have caused the obligations of the District under the Lease Agreement to be "“arbitrage bonds" ” within the meaning of section 148 of the Tax Code as modified by Section 54A(d)(4148(a) of the Tax Code, including the Treasury Regulations with respect thereto.

No Arbitrage. The District shall not take, or permit or suffer to be taken by the Trustee or otherwisetaken, any action with respect to the proceeds of this the Lease Payments which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date of the Lease would have caused the Lease Payments to be "“arbitrage bonds" ” within the meaning of section 148 of the Tax Code as modified by Section 54A(d)(4148(a) of the Tax Code, including the Treasury Regulations with respect thereto.