Private Activity Sample Clauses
The Private Activity clause defines the rules and limitations regarding an individual's or entity's engagement in activities that are not directly related to their official or contractual duties. Typically, this clause outlines what constitutes private activity, such as side businesses, freelance work, or personal projects, and may require disclosure or prior approval before undertaking such activities. Its core function is to prevent conflicts of interest and ensure that private pursuits do not interfere with or compromise the obligations and interests of the primary agreement or employer.
Private Activity. The District will not take or omit to take any action or make any use of any proceeds of this Installment Purchase Agreement or of any other moneys or property which would cause the Series 2023 Installment Payments to be “private activity bonds” within the meaning of Section 141 of the Code.
Private Activity. The Agency will take no action or refrain from taking any action or make any use of the proceeds of the 2009A Bonds or of any other monies or property which would cause the 2009A Bonds to be “private activity bonds” within the meaning of Section 141 of the Tax Code;
Private Activity. The District will take no action or refrain from taking any action or make any use of the proceeds of the Loan or any Parity Loans or of any other moneys or property which would cause any Tax-Exempt Bonds or any Parity Loans issued on a tax- exempt basis for federal income tax purposes to be “private activity bond” within the meaning of Section 141 of the Code;
Private Activity. The District will take no action or refrain from taking any action, and the District will make no use of the proceeds of the 2021 Sewer Notes or of any other moneys or property, which would cause the 2021 Sewer Notes to be “private activity bonds” within the meaning of Section 141 of the Code;
Private Activity. The Authority will take no action or refrain from taking any action, and the Authority will make no use of the proceeds of the Bonds or of any other moneys or property, which would cause the Bonds to be “private activity bonds” within the meaning of Section 141 of the Code;
Private Activity. The City and the Authority will not take any action or refrain from taking any action or make any use of the proceeds of the Bonds or of any other moneys or property which would cause the Bonds to be “private activity bonds” within the meaning of Section 141 of the Code;
Private Activity. The District and the Corporation will not take or omit to take any action or make any use of the proceeds of the Certificates or of any other moneys or property which would cause the Certificates to be “private activity bonds” within the meaning of Section 141 of the Code.
Private Activity. Valley Water will take no action or refrain from taking any action or make any use of the proceeds of the Series 2020C Certificates or of any other moneys or property which would cause the Series 2020C Certificates to be “private activity bonds” within the meaning of Section 141 of the Code;
Private Activity. Neither the Corporation nor the City will take or omit to take any action or make any use of the proceeds of the Certificates provided herein or of any other moneys or property which would cause the Certificates to be “private activity bonds” within the meaning of Section 141 of the Code.
Private Activity. The Successor Agency will take no action or refrain from taking any action or make any use of the proceeds of the Loan or of any other monies or property which would cause the Loan to be a “private activity bond” within the meaning of Section 141 of the Code;