Taxable Bond definition

Taxable Bond means any of a series of the Aspen Heights Redevelopment Project Taxable Tax Allocation Bonds of the City, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.

Taxable Bond means any Bond, the interest on which is not excludable from gross income for federal income tax purposes.

Taxable Bond means any Bond which states, in the body thereof, that the interest income thereon is includable in the gross income of the Holder thereof for federal income tax purposes or that such interest is subject to federal income taxation.

Examples of Taxable Bond in a sentence

• Any partial prepayment of the Note shall be first used to pay the Taxable Bond and then the Tax-Exempt Bond.

• Any partial prepayment of the Bond shall be first used to pay the Taxable Bond and then the Tax-Exempt Bond.

• The Taxable Bond shall be subject to mandatory redemption in whole on the date of the payment of the Taxable Note.

• Since the parcels were acquired using Coliseum Redevelopment Project Area Tax Allocation Series 2006 (Taxable) Bond Funds, any revenue or disposition proceeds generated by the property are or would be restricted bond proceeds and could only be used for redevelopment purposes consistent with the bond covenants.

• UNDERSTAND THE TAX CONSEQUENCESMainStay Candriam Emerging Markets Equity Fund, MainStay Cushing MLP Premier Fund, MainStay International/Global Equity Funds, MainStay Mixed Asset Funds, MainStay Money Market Fund, MainStay Taxable Bond Funds and MainStayU.S. Equity FundsDistributions received by tax-exempt shareholders will not be subject to federal income tax to the extent permitted under applicable law.

More Definitions of Taxable Bond

Taxable Bond means any of a series of the 1208 O Street Redevelopment Project Taxable Tax Allocation Bonds of the City, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.

Taxable Bond means any of a series of the Bonds, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.

Taxable Bond means any Authorized Bond the interest on which is intended to be included in gross income for purposes of federal income taxation.

Taxable Bond means any Bond which states, in the body thereof, that the interest income thereon is includable in the gross income of the Holder thereof for federal income tax purposes.

Taxable Bond means a series of the Bonds issued with interest that is not intended to be excludable from gross income for federal income tax purposes.

Taxable Bond means any of a series of the City’s Telesis/Dairy House Redevelopment Project Taxable Tax Allocation Bonds, the interest on which is determined by the City to be includable in gross income for federal income tax purposes.

Taxable Bond means any Bond of any Series designated as Taxable Bonds in the Supplemental Indenture authorizing the issuance of the Series of which such Bond is a part.