Examples of Tax Regulatory Agreement in a sentence
All amounts deposited into or on deposit in the Rebate Fund shall be governed by this Section, by Section 6.10 and by the Tax Regulatory Agreement (which is incorporated herein by reference).
Without limiting the generality of the foregoing, the Authority covenants that it will comply with the requirements of the Tax Regulatory Agreement, which is incorporated herein as if fully set forth herein.
The Bond Trustee shall be deemed conclusively to have complied with such provisions if it follows the directions of the Borrower including supplying all necessary information in the manner provided in the Tax Regulatory Agreement which the Bond Trustee shall be directed by the Borrower to supply, and shall have no liability or responsibility to enforce compliance by the Borrower or the Authority with the terms of the Tax Regulatory Agreement or any other tax covenants contained herein.
Subject to the transfer provisions provided in paragraph (e) below, all money at any time deposited in the Rebate Fund shall be held by the Bond Trustee in trust, to the extent required to satisfy the Rebate Requirement (as defined in the Tax Regulatory Agreement), for payment to the federal government of the United States of America; provided, however, amounts received by the Trustee pursuant to the Intercept Notice shall not be deposited into the Rebate Fund.
Within the Rebate Fund, the Bond Trustee shall maintain such accounts as shall be necessary to comply with instructions of the Borrower given pursuant to the terms and conditions of the Tax Regulatory Agreement.