Bank Qualified. The Township of Xxxxxxxxxx School District Board of Education is a Type II school district. The district does not intend to issue in excess of ten million dollars in aggregate debt this calendar year. Interest income from this lease purchase will be considered "bank qualified." This transaction may be assigned by the lessor. Documentation: Documentation for this transaction supplied by the successful Respondent must be acceptable to the Township of Xxxxxxxxxx Board of Education and their counsel.
Bank Qualified. LESSEE CERTIFIES THAT IT HAS DESIGNATED THIS LEASE-PURCHASE AGREEMENT AS A QUALIFIED TAX-EXEMPT OBLIGATION IN ACCORDANCE WITH SECTION 265(b)(3) OF THE CODE, THAT IT HAS NOT DESIGNATED MORE THAN $10,000,000 OF ITS OBLIGATIONS AS QUALIFIED TAX-EXEMPT OBLIGATIONS IN ACCORDANCE WITH SUCH SECTION FOR THE CURRENT CALENDAR YEAR AND THAT IT REASONABLY ANTICIPATES THAT THE TOTAL AMOUNT OF TAX- EXEMPT OBLIGATIONS TO BE ISSUED BY LESSEE DURING THE CURRENT CALENDAR YEAR WILL NOT EXCEED $10,000,000.
Bank Qualified. Lessee certifies that it has designated this Lease as a qualified tax-exempt obligation in accordance with Section 265(b)(3) of the Code, that it has not designated more than $10,000,000 of its obligations as qualified tax-exempt obligations in accordance with such Section for the current calendar year and that it reasonably anticipates that the total amount of tax-exempt obligations to be issued by Lessee during the current calendar year will not exceed $10,000,000.
Bank Qualified. The Greater Egg Harbor Regional High School District is a Type II school district. The district issued Bonds on December 15, 2022 in the amount of $19,763,000.00. The district does not intend to issue in excess of ten million dollars in aggregate debt this calendar year. Interest income from this lease purchase will be considered "bank qualified." This transaction may be assigned by the lessor. Documentation: Documentation for this transaction supplied by the successful Respondent must be acceptable to the Greater Egg Harbor Regional High School District and their counsel. Note that changes in credit condition may not trigger a default. Remedies on default may not include acceleration. There may be an adjustment to the rate for an event of taxability only when it results from a breach of the School District’s covenants based upon current law. Location of Bid Opening: The official opening will be held on February 16, 2023, at 1:00 p.m. at the Administrative offices. It is the responsibility of the Respondent to ensure that the Bid is in the hands of the Business Administrator before 1:00 p.m. on February 16, 2023. E-mailed or faxed Bids will be accepted at the official Bid opening. *Please, e-mail a copy of your executed Bid to the lease purchase coordinator listed below within one hour after the time of Bid opening for analysis. Please return original Bids to the Greater Egg Harbor Regional High School District offices at the below address: Greater Egg Harbor RHSD Business Office 1824 Xx. Xxxxxx Xxxxxxx Drive Xxxx Landing, NJ 08330 Attn: Xxxxxx X. Xxxxxx, SBA/BS Ph: (000) 000-0000 Please Label all Bids: “Lease Purchase Bid Enclosed“ The Greater Egg Harbor Regional High School District reserves the right to reject any and all proposals and to waive any irregularities in the proposal process. Lease Purchase Coordinator Educational Services Commission of New Jersey (ESCNJ) is acting as Lease Purchase Coordinator to the Board. Please direct questions and a copy of your Bid submission (*per above) to: ESCNJ Xxxxxxx Xx Xxxxx - Lease Purchase Coordinator 0000 Xxxxxxx Xxxx Piscataway, New Jersey 08854 (732) 777-9848 ext. 3120 xxxxxxxx@xxxxx.xx Rate Hold and Bidders May Offer Alternative Index: This bid request is for lease purchase financing. New Jersey law requires bidders to hold pricing for sixty days from the date of the bid request and that the financial markets are constantly changing. The Board requests that the rate be held for thirty days. The board has o...
Bank Qualified. LESSEE CERTIFIES THAT IT HAS DESIGNATED THIS LEASE AS A QUALIFIED TAX-EXEMPT OBLIGATION IN ACCORDANCE WITH SECTION 265(b)(3) OF THE CODE, THAT IT HAS NOT DESIGNATED MORE THAN $10,000,000 OF ITS OBLIGATIONS AS QUALIFIED TAX-EXEMPT OBLIGATIONS IN ACCORDANCE WITH SUCH SECTION FOR THE CURRENT CALENDAR YEAR AND THAT IT REASONABLY ANTICIPATES THAT THE TOTAL AMOUNT OF TAX-EXEMPT OBLIGATIONS TO BE ISSUED BY LESSEE DURING THE CURRENT CALENDAR YEAR WILL NOT EXCEED $10,000,000. City of West Lafayette, as Lessee National City Commercial Capital Company, LLC, as Lessor By Name: Title: By Name: Title: Counterpart No. of manually executed and serially numbered counterparts. To the extent that this Lease constitutes chattel paper (as defined in the Uniform Commercial Code), no security or ownership interest herein may be created through the transfer or possession of any Counterpart other than Counterpart No. 1. SCHEDULE A-1 Attached to and made a part of that certain Lease Schedule No. 127014000 dated as of September 14, 2009 by and between National City Commercial Capital Company, LLC, as lessor, and City of West Lafayette, as lessee. Commencement Date: September 14, 2009
Bank Qualified. The Hackensack Public School District is a Type II school district. The district does not intend to issue in excess of ten million dollars in aggregate debt this calendar year. Interest income from this lease purchase will be considered "bank qualified." This transaction may be assigned by the lessor. Documentation: Documentation for this transaction supplied by the successful Respondent must be acceptable to the Hackensack Public School District and their counsel.
Bank Qualified. The Monmouth Regional High School Board of Education is a Type II school district. The district does not intend to issue in excess of ten million dollars in aggregate debt this calendar year. Interest income from this lease purchase will be considered "bank qualified." This transaction may be assigned by the lessor. Documentation: Documentation for this transaction supplied by the successful Respondent must be acceptable to the Monmouth Regional High School Board of Education and their counsel.
Bank Qualified. The Pittsgrove Township Board of Education is a Type II school district. The district does not intend to issue in excess of ten million dollars in aggregate debt this calendar year. Interest income from this lease purchase will be considered "bank qualified." This transaction may be assigned by the lessor. Documentation: Documentation for this transaction supplied by the successful Respondent must be acceptable to the Pittsgrove Township Board of Education and their counsel.
Bank Qualified. The Northern Valley Regional High School District is a Type II school district. The district does not intend to issue in excess of ten million dollars in aggregate debt this calendar year. Interest income from this lease purchase will be considered "bank qualified." This transaction may be assigned by the lessor. Documentation: Documentation for this transaction supplied by the successful Respondent must be acceptable to the Northern Valley Regional High School District and their counsel. Location of Bid Opening: The official opening will be held on June 4, 2020, at 11:00 A.M. at the Administrative offices, 000 Xxxxxxxxxxxxx Xxxx, Demarest NJ 07627. It is the responsibility of the Respondent to ensure that the Bid is in the hands of the Business Administrator before 11:00 AM on June 4, 2020. E-mailed or faxed Bids will not be accepted at the official Bid opening. *Please e-mail a copy of your executed Bid to the lease purchase coordinator listed below within one hour after the time of Bid opening for analysis. Please return original Bids to the Northern Valley Regional High School District office at the below address: Northern Valley Regional High School District 000 Xxxxxxxxxxxxx Xxxx Demarest, NJ 07627 Attn: Xxxx X. Xxxxxxx, SBA/BS Ph: (000) 000-0000 Please Label all Bids: “Lease Purchase Bid Enclosed“ The Northern Valley Regional High School District reserves the right to reject any and all proposals and to waive any irregularities in the proposal process.
Bank Qualified. The Eatontown Board of Education is a Type II school district. The district does not intend to issue in excess of ten million dollars in aggregate debt this calendar year. Interest income from this lease purchase will be considered "bank qualified." This transaction may be assigned by the lessor. Documentation: Documentation for this transaction supplied by the successful Respondent must be acceptable to the Eatontown Board of Education and their counsel.
