Nongovernmental Person definition

Nongovernmental Person means an individual other than an

Nongovernmental Person means any person, firm or entity (including a non-profit organization) that is not a state or local governmental unit (or any instrumentality thereof). For this purpose, the federal government is a nongovernmental person.

Nongovernmental Person refers to any person or entity (including the United States or any agency, department and instrumentality thereof) other than a state or local government, or an agency or instrumentality acting solely on behalf thereof.

Examples of Nongovernmental Person in a sentence

• The security for, and payment of debt service on, the Loan is determined from both the terms of the Bond documents and on the basis of any underlying arrangement between the Recipient and a Nongovernmental Person.

• Any activity carried on by a Nongovernmental Person that is not a natural person, and any trade or business activity carried on by any person, is treated as private business use.

• The Purchaser understands that the Facility Funds and the Facility are subject to certain restrictions on the use of the Facility Funds or the Facility by any Nongovernmental Person, other than use as a member of the general public.

• Except as would not cause any Tax-Exempt 2022 Bond to become a “private activity bond” within the meaning of section 141 of the Code and the Tax Regulations and rulings thereunder, the Authority and the City shall not use Gross Proceeds of any Tax-Exempt 2022 Bond to make or finance loans to any Nongovernmental Person.

• Except as would not cause any 2014-A Bond to become a “private activity bond” within the meaning of section 141 of the Code and the Tax Regulations and rulings thereunder, the Authority and the City shall not use Gross Proceeds of any 2014-A Bond to make or finance loans to any Nongovernmental Person.

More Definitions of Nongovernmental Person

Nongovernmental Person means any person or entity other than a Governmental Unit.

Nongovernmental Person means any Person other than a Governmental Unit. “Refunded Bond” means the $6,000,000 General Obligation Bond, Series 2018, of theCity dated December 10, 2018.

Nongovernmental Person mean any Person other than a Governmental Person. For the purposes hereof, the Federal Government is a Nongovernmental Person.

Nongovernmental Person means any Person other than a Governmental Unit.

Nongovernmental Person means any Person other than a Governmental Unit. “Official Notice of Sale” has the meaning given such term in Article IV hereof. “Original Issue Date” shall mean the date of delivery of the applicable Series of Bonds. “Other Indicia of Satisfaction” means the delivery of a certificate to the Paying Agent by

Nongovernmental Person means a person other than a governmental person.

Nongovernmental Person means any Person other than a Governmental Unit. “Official Notice of Sale” has the meaning given such term in Article IV hereof. “Original Issue Date” shall mean the date of delivery of the applicable Series of Bonds.