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"Bond Service Charges" for any time period means the <br /> principal , including any amortization or redemption <br /> requirements, interest, and re�emption premium, if any, <br /> required to be paid by the Issuer on the Bond for such time <br /> period. Any "late charge" and any payment required to be <br /> made on the Bond with interest at the Interest Rate for <br /> Advances shall also constitute a Bond Service Ch�rge. <br /> "Borrower" means Continental Carbonic Products , Inc. , a <br /> Delaware corporation, its successors and assigns . <br /> "Code" means the Internal Revenue Code of 1954 , as amended, <br /> and regulations promulgated thereunder. <br /> "Completion Date" means the date of completion of the <br /> acquisition, construction and installation of the Project <br /> as that date shall be certified as provided in Section 3 . 5 <br /> of the Agreement. <br /> "Construction Fund" means the fund created by Section 7 <br /> hereof. <br /> "Determination of Taxability" means (i) the filing b_y the <br /> Borrower or any other person or entity with the Internal <br /> Revenue Service of any statement, supplemental statemer.t or <br /> other tax schedule, return or document (whether pursuant to <br /> Treasury R.egulations �ection 1 . 103-10 (b) (2)vi) (c) or <br /> otherwise) which discloses that an Event of Taxability has <br /> occurred, or (ii) the final assertion bv the Internal <br /> Revenue Service or any agent thereof to the effect that <br /> interest on the Bond is includable in the gross income for <br /> federal income tax purposes of any Holder (other than a <br /> H�lder who is a "substantial user" of the Project or a <br /> "related person" , as those terms are used in Section 103 of <br /> the Code) , or (iii) the final adoption of le_qislation or <br /> regulatiens or a final determination, decision, decree or <br /> ruling of any judicial or administrative authority which <br /> has the effect of requiring interest on the Bonds to be <br /> included in the gross income for Federal income tax <br /> purposes of any Holder (other than a Holder who is a <br /> "substantial user" of the Project or a "related person" as <br /> those terms are used in Section 103 of the Code) . For <br /> purposes of clause (ii) in the preceding sentence, an <br /> assertion by the Internal Revenue Service or any agent <br /> thereof sha11 bP considered final when the Holder, the <br /> Issuer and the Borrower shall have received an opinion of <br /> nationally recognized bond ccunsei to the effect that such <br /> assertion is correct , and for purposes of clause (iii) in <br /> the preceding sentence, a decision, decree or ruling by any <br /> judicial or aCministrative authority shall be considered <br /> fir_al upon the expiration or waiver of all periods for <br /> �udicial review or appeal, as the case may be. <br /> 4 <br />