Common use of No Arbitrage Clause in Contracts

No Arbitrage. The Authority shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date would have caused the Bonds, to be “arbitrage bonds” within the meaning of Section 148 of the Code.

No Arbitrage. The Authority shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the Authority Bond proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date Date, would have caused the Bonds, Authority Bonds to be “"arbitrage bonds” " within the meaning of Section 148 148(a) of the Code.

No Arbitrage. The Authority shall not take, or knowingly permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date date of issuance of the Bonds would have caused the Bonds, Bonds to be “arbitrage bonds” within the meaning of Section section 148 of the Code.

No Arbitrage. The Authority Successor Agency shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date date of issuance of the Bonds would have caused the Bonds, Bonds to be “arbitrage bonds” within the meaning of Section section 148 of the Code.

No Arbitrage. The Authority shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date date of issuance of the Bonds would have caused the Bonds, Bonds to be “arbitrage bonds” within the meaning of Section section 148 of the Code.

No Arbitrage. The Authority shall not take, or permit or suffer to be taken by the Trustee Trustee, the City or otherwise, any action with respect to the Bond proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date Date, would have caused the Bonds, Bonds to be “arbitrage bonds” within the meaning of Section 148 of the Code.

No Arbitrage. The Authority Agency shall not take, or permit or suffer to be taken by the Trustee Fiscal Agent or otherwise, any action with respect to the proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date date of issuance of the Bonds would have caused the Bonds, Bonds to be “arbitrage bonds” within the meaning of Section section 148 of the Code.

No Arbitrage. The Authority Agency shall not take, or permit or suffer to be taken by the Trustee or otherwise, any action with respect to the Authority Bond proceeds of the Bonds which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, taken on the Closing Date would have caused the Bonds, Bonds to be “arbitrage bonds” within the meaning of Section 148 148(a) of the Tax Code.