Common use of Volume Cap Clause in Contracts

Volume Cap. The Authority and the Company represent that the Bond is subject to the private activity bond volume cap requirements of Section 146 of the Code. The Lieutenant Governor of the State of Washington has confirmed allocation of the 1997 private activity volume cap in the amount of $1,500,000.00 for the Project.

Appears in 2 contracts

Sources: Tax Certificate and Regulatory Agreement (Intracel Corp), Tax Certificate and Regulatory Agreement (Intracel Corp)