Minor Portion Clause Samples

Minor Portion. The Minor Portion is equal to the lesser of 5% of the Sale Proceeds of the Issue and $100,000. Such Minor Portion may be invested in Higher Yielding Investments with respect to the Issue.

Minor Portion. The Issuer and the Borrower each acknowledges that a minor portion of the Gross Proceeds (the “Minor Portion”) may be invested without yield restriction in an amount not exceeding the lesser of (i) $100,000 or (ii) five percent of the Sale Proceeds, as further described in Section 148(e) of the Code.

Minor Portion. Under section 148(e), a bond of an issue is not an arbi- trage bond solely because of the invest- ment in higher yielding investments of gross proceeds of the issue in an amount not exceeding the lesser of—

Minor Portion. Amounts described in this Section 4.3 that are subject to Yield Restriction as described above may be invested without Yield Restriction to the extent such amounts, in the aggregate, do not exceed the lesser of five percent (5%) of the Sale Proceeds of the Agreement or $100,000 (the “Minor Portion”).

Minor Portion. 9.1. An aggregate amount not to exceed the “minor portion” amount for the Toughbook Property Schedule ($18,007.45) may be invested pursuant to Section 148(e) of the Code and Section 1.148-2(g) of the Regulations without restriction as to Yield. To the extent the amount on hand in the Project Account has been credited thereto longer than the period described in Section 5.2 hereof, such amount may be invested up to the minor portion amount at a yield greater than the Yield of the Toughbook Property Schedule. Such amounts are Gross Proceeds of the Toughbook Property Schedule, however, and subject to the rebate requirements set forth in Sections X and XI hereof.