Laserfiche WebLink
control the contest thereof, provided the Borrower shall have <br /> agreed to bear all egpenses in connection therewith and to <br /> indemnify that Holder against all liabilities in connection <br /> therewith, and (b) until the ezpiration of all periods for <br /> judicial review or appeal. A Determination of Tagability shall <br /> not be deemed to have occurred in the event that the after-tax <br /> yield to a Holder of interest on any of the Series 1992 Bonds <br /> is decreased solely by reason of such interest on any such <br /> Series 1992 Bonds being subject to an alternative minimum tag. <br /> "Eligible Investments" means (i) any bonds or other <br /> direct obligations of the United States of America; (ii) <br /> obligations of the Federal National Mortgage Association or the <br /> Government National Mortgage Association; �iii) obligations of <br /> the Federal Intermediate Credit Banks; (iv) obligations of <br /> Federal Banks for Cooperatives; (v) obligations of Federal Land <br /> Banks; (vi) obligations of the Federal Financing Bank; (vii) <br /> bank repurchase agreements issued by a Federal Reserve member <br /> bank, including the Trustee, fully secured by obligations of <br /> any of the kinds specified in clauses (i) through (vi) above; <br /> (viii) time deposits, certificates of deposit or bankers <br /> acceptances of banks or trust companies, including the Trustee, <br /> organized under the laws of the United States of America or any <br /> state thereof, which have, combined capital and earned and <br /> unearned surplus of at least $25, 000,000 in dollars of the <br /> United States of America; (iz) commercial paper (including that <br /> of an affiliate of the Trustee) or finance company paper which <br /> is rated not less than prime-one or A-1 or their equivalents by <br /> Moody' s Investors Service, Inc. , or Standard & Poor ' s <br /> Corporation, respectively, or their successors, or both, if <br /> rated by both; (z) obligations, of any state of the United <br /> States of America or of any political subdivision or other <br /> instrumentality of any such state, which are rated at least "A" <br /> or its equivalent by either Moody' s Investors Service, Inc. , or <br /> Standard & Poor ' s Corporation, or their successors, or both, if <br /> rated by both; (xi) passbook savings accounts; (zii) interests <br /> in any money market funds investing egclusively in obligations <br /> identified in clauses (i) through (z) hereof; (ziii) <br /> obligations of the Company or of any corporation rated at least <br /> "A" or its equivalent by either Moody' s Investors Service, Inc. <br /> or Standard & Poor ' s Corporation, or their successors; or <br /> (giv) repurchase agreement secured by any of obligation listed <br /> in (i) through (z) and (ziii) above. <br /> "Event of Tazabilitv" means the occurrence of <br /> circumstances which a Determination of Tagability shall have <br /> found to have occurred, or which shall constitute a <br /> Determination of Ta$ability, and which results in the interest ' <br /> payable or the Series 1992 Bonds becoming includable in the ' <br /> gross income for Federal income taz purposes of any Holder , <br /> - 4 - <br />