Private Business Tests definition

Private Business Tests means the Private Business Use Test and the Private Security or Payment Test.
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Examples of Private Business Tests in a sentence

  • Pursuant and subject to the requirements of Rev Proc 97-13, CCSF could engage an ESP to manage and operate renewable energy facilities financed with Prop H Bonds without the ESP’s involvement being in violation of the Private Business Tests discussed above.

  • Structures wherein an ESP takes on one or more of the roles present issues under the Private Business Tests discussed above.

  • I Having concluded these interviews, the Accused requested interviews with Lute and Feeley.

  • Private Business Tests Private activity bonds are defined in two tests -- the private loan financing test (generally not relevant to tax-exempt leases) and the private business tests.

  • These amountsare invested at the discretion of the employee in one of the five FCPE’s.

  • Highlighted below are certain of our recommendations regarding the tax-exempt governmental bond status provisions which may provide broad simplification: (1) General Recommendation: Retain and Simplify the Private Activity Bond Definition to Rely Mainly on the Basic Two-Part 10% Private Business Tests Under Section 141(b) to Determine Tax-Exempt Governmental Bond Status.

Related to Private Business Tests

  • Private Business Use means use (directly or indirectly) in a trade or business or activity carried on by any Private Person (other than a Tax-Exempt Organization) other than use as a member of, and on the same basis as, the general public.

  • Active business operations means all business operations that are not inactive business operations.

  • Qualified business facility means any building, complex of

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Small Diversity business concern means a small business concern that is at least fifty-one (51) percent unconditionally owned by one or more individuals who are both socially and economically diverse, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one or more socially and economically diverse individuals and that has its management and daily business controlled by one or more such individuals. This term also means a small business concern that is at least fifty-one (51) percent unconditionally owned by an economically diverse Indian tribe or Native Hawaiian Organization, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one of these entities, that has its management and daily business controlled by members of an economically diverse Indian tribe or Native Hawaiian organization.

  • Separate Business means each of the activities of the Licensee connected

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • food business means any undertaking, whether for profit or not and whether public or private, carrying out any of the activities related to any stage of production, processing and distribution of food;

  • Qualified business means an eligible business that:

  • Major life activities means functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning and working.

  • Commissioning Tests means all of the procedures and tests which, in accordance with the Reasonable and Prudent Standard, and in compliance with industry guidelines, practices and standards, are:

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Licensed Business means the activities connected with the conveyance of

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Public business means and includes all matters which relate in any way, directly or indirectly, to the performance of the public body’s functions or the conduct of its business.

  • Private Key means the key of a key pair used to create a digital signature;

  • Public School Student Accessing Courses at a Distance means a student who is scheduled for a full course load through the District and attends all classes virtually.

  • Local Access Transport Area or "LATA" is as defined in the Act.

  • Cannabis testing facility means an entity registered by

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Excluded Business has the meaning set forth in Section 6.10.

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.