Examples of Tax Exemption Agreement in a sentence
The Trustee hereby verifies that it and its parent company, wholly- or majority-owned subsidiaries, and other affiliates, if any, do not boycott Israel and will not boycott Israel during the term of this Indenture, the Bond Loan Agreement, the Regulatory Agreement and the Tax Exemption Agreement, and such representation is hereby incorporated by reference into each of the documents referenced herein.
Without limiting the generality of the foregoing, the Borrower covenants that it will comply with the instructions and requirements of the Tax Exemption Agreement, which is incorporated herein as if set forth fully herein.
In computing the assets of any Fund established hereunder, investments and accrued but unpaid interest thereon shall be deemed a part thereof, and, except as otherwise provided in the Tax Exemption Agreement, such investments shall be valued at market value.
The money deposited to the Rebate Fund, together with all investments thereof and investment income therefrom, shall be held in trust separately and apart from the other funds held under this Indenture and applied solely as provided in Section 14 of the Tax Exemption Agreement, unless there is delivered a Favorable Opinion of Bond Counsel.
The moneys held by the Trustee shall constitute trust funds for the purposes hereof, which moneys shall be managed, invested, disbursed and administered as provided in this Indenture and in the Tax Exemption Agreement.