Taxable Obligations means all investment property, obligations or securities other than Tax Exempt Obligations.
Taxable Obligations means Non-Ad Valorem Revenue Obligations (other than Build America Bonds) the interest on which is not intended at the time of the issuance thereof to be excluded from the gross income of the holders thereof for federal income tax purposes.
Taxable Obligations means any Refunding Bonds the interest on which is intended to be included in gross income for federal income tax purposes.
Examples of Taxable Obligations in a sentence
The Issuer will not purchase or direct the purchase of Taxable Obligations for more than the then available market price for such Taxable Obligations.
The Issuer has not and will not pledge any moneys or Taxable Obligations in order to pay debt service on the Bonds or restrict the use of such moneys or Taxable Obligations so as to give reasonable assurances of their availability for such purposes.
If your library does have a policy, hopefully, this will help clarify it.
The Issuer will not pay or permit the payment of any amounts (other than to the United States) to reduce the yield on any Taxable Obligations.
The working ability and privilege of the H&I subcommittee to carry the message inside the facility.
More Definitions of Taxable Obligations
Taxable Obligations means any Series 2016_ Bonds not designated as Tax-Exempt Obligations in the Certificate of Award.
Taxable Obligations means obligations the interest on which is included as gross income for federal income tax purposes.
Taxable Obligations means Obligations the interest on which is not excluded from gross income for federal income tax purposes under Section 103 of the Code.
Taxable Obligations means Obligations issued hereunder the interest on which is not excludable from the gross income of the Owners thereof for federal income tax purposes.
Taxable Obligations. (or “Taxable Bonds”) means Bonds that are issued and sold as obligations the interest on which is not excluded from gross income for federal income tax purposes.
Taxable Obligations means any