ARBITRAGE INVESTMENT AND REBATE INSTRUCTIONS Clause Samples

The "Arbitrage Investment and Rebate Instructions" clause sets out the procedures and requirements for managing investment earnings and rebate payments related to arbitrage in the context of financial agreements, often involving municipal bonds or similar instruments. It typically details how investment income from bond proceeds should be tracked, invested, and reported, as well as the process for calculating and remitting any required arbitrage rebate payments to the IRS. This clause ensures compliance with federal tax regulations, thereby preventing the issuer from incurring penalties and maintaining the tax-advantaged status of the bonds.
ARBITRAGE INVESTMENT AND REBATE INSTRUCTIONS. Section 4.1.
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ARBITRAGE INVESTMENT AND REBATE INSTRUCTIONS. Section 4.1. General 13 Section 4.2. Record Keeping; Use of Proceeds and Use of Financed Facility 14 Section 4.3. Temporary Periods/Yield Restriction 15 Section 4.4. Procedures for Establishing Fair Market Value 15 Section 4.5. Rebate Instructions 17 Section 4.6. Filing Requirements 18
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ARBITRAGE INVESTMENT AND REBATE INSTRUCTIONS. Temporary Periods/Yield Restriction 10 Section 4.2. Fair Market Value 10 Section 4.3. Certain Gross Proceeds Exempt from the Rebate Requirement 13 Section 4.4. Computation and Payment of Arbitrage Rebate 14 Section 4.5. Successor Rebate Analyst 15 Section 4.6. Rebate Report Records 15 Section 4.7. Filing Requirements 15 Section 4.8. Survival after Defeasance 15
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ARBITRAGE INVESTMENT AND REBATE INSTRUCTIONS 
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Related to ARBITRAGE INVESTMENT AND REBATE INSTRUCTIONS

  • Actions of Custodian Based on Proper Instructions and Special Instructions So long as and to the extent that the Custodian acts in accordance with (a) Proper Instructions or Special Instructions, as the case may be, and (b) the terms of this Agreement, the Custodian shall not be responsible for the title, validity or genuineness of any property, or evidence of title thereof, received by it or delivered by it pursuant to this Agreement.

  • Special Account Instructions You may request that we facilitate certain trust, will, or court-ordered account arrangements. However, because we do not give legal advice, we cannot counsel you as to which account arrangement most appropriately meets the specific requirements of your trust, will, or court order. If you ask us to follow any instructions that we believe might expose us to claims, lawsuits, expenses, liabilities, or damages, whether directly or indirectly, we may refuse to follow your instructions or may require you to indemnify us or post a bond or provide us with other protection. We may require that account changes requested by you, or any account owner, such as adding or closing an account or service, be evidenced by a signed Account Change Card or other document which evidences a change to an account and accepted by us.

  • Wire Instructions Please see attached.

  • Investment Advisory Agreement (A) The terms of the Investment Advisory Agreement, including compensation terms, comply in all material respects with all applicable provisions of the 1940 Act and the Advisers Act and (B) the approvals by the board of directors and the stockholders of the Company of the Investment Advisory Agreement have been made in accordance with the requirements of Section 15 of the 1940 Act applicable to companies that have elected to be regulated as business development companies under the 1940 Act.

  • Amendments of Sale and Servicing Agreement and Trust Agreement The Issuer shall not agree to any amendment to Section 9.01 of the Sale and Servicing Agreement or Section 11.01 of the Trust Agreement to eliminate the requirements thereunder that the Indenture Trustee or the Noteholders consent to amendments thereto as provided therein.