06-1643 Lease Rescue Vehicle - Laserfiche WebLink

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manu1ileturar(s) of !be Equipment are due. Lessee will BIISW"C thai such investment will not reeu1t in Lessee's obli¡ations under the Financin¡ Documents beìDg treated as an "arbìtIage bond" within the meaning ofSecticm 148(a) of the InIAomal Revenue Code of 1986, as am...ded (the "Code"), respectively. Any moni.. wbic:h .... eemed Ú"om 1be in_ of these fimds ahalI be 1aheled.. inta"eSl eomed. A11 such 1JIOIri.. will be dis_ on or promptly aftor 1be date that Lessee aoœpÞ the ElPpment. Seedø. 6. No PrIvati!! Vie: No ("-Diller LoIUI. 6.1. Losoeo will not exoeed the private Wle ",stricti... set furth in Section 141 of the Code. Specifically, Lees.. will not permit more than 10% of the Principal Amount to be ""ed for a Privak: Busin... Use (as defined herein) if. in addition, the peymeI1t of '""'" than ten pore..,! (10%) of the Principal AmounI plua in_ eemed thereon ;" direedy or indûeetly, """"'"" by (I) lilY interest in property uoed or 10 be used for a Private BWlm..s Use or (ü) any i_ m ¡>a)lll1llllts in reapeet of sueb property or deriWl! 1ium any ¡>a_I m respoot ofpropmy or borrowed money used or to be used for s Private Business Use. In addJt0II, ifbodt (A) more than five percont (5%) of the PrincipAl Amount is used as described above with respoot to Private Business Use and (B) more then five percent (5%) of the Principal Amount pi"" in_ earned th.....,. is secured by Private Business Use property orpaymt:Ollas described abov.. then tho...... 0_ such five percenl (5%) (the "Exoes' Priva!e Use Portion') wiB be used for a Private Bualness Use related to the ¡ovemmenllll use of the Equipmont. Any such EIœSS Private Use Portioo of the Principal Amounl will not exceed the portion of the Principal Amount used for the ¡ovemmental use oftbe porticular projod 10 which such Excess Private Use Portion ia rel,œd. Fa purposes of this poragnspb 6.1, "Privat. Business Use" means... of bond proceeds or bond flnanced- property directly... indinx:t1y in a !Jade or business carried 00 "oy , netwal penon or in lilY activity canied on by e penoo otber than , naIUral penon, excluding, howeY«, us. by 0 __ or 10eal govemmeuta1 wùt end exo1uding use as . rrønber of the gencn1 pubJic. 6.2. No port of the Principal Amount a inten:st earned theroon will be uaed, direáJy a ¡ndinoctly, 10 maIœ or finance eny 10_ to non-governmental entities or to a¡¡y governmental agencies otha' than Lessee. Secdoa 7. No Jl'1!deraI ('......tee. 7.1. Payment of the principal or i.-t due under the Financing Documents is not directly or indirectly _teed. in vdloJea in part, by Ihe United Slates or an agency or instrumenIaIity tbeœof. 7.2. N. portion of the PrincipaJ Amount or in_ earned theftœ sbal1 be (i) used in mskin¡lollls the payment of principal or in_ of which ere to be ¡uaranteecl, in whole or in part, by the United States or aoy SestCy or inølrllmmltality thenoof. or (ü) invosted, directly or indinx:t1y, in federally insured depoRts or accounts if.uch in'_ would...... the finanein¡ undo< the Fmancing Documonts 10 be "fodenùly guanonteed" within the meanin¡ ofSeetion l49(b) .ftheCode. Sec:ti8D 8. MlWOAII.II_ , 8.1. Lea,.. shalJlœep, compleœ end sceurate ""ad of all owners or ..si~ of the Finencln& Doeumeats in form and subsœu:e .ati.r.ctory 10 comply with the "'8i_on r<qui"""""1s of Section 149(0) of the Code tIlIl... ~ or its assignee _ to act.. Lesoee~ ag<:Ilt for auch purpoae. 8.1. Lessee sball maintain complere end acc:urate......ds <Otsblifiltin¡ the expenditure of the Principal Amount and interest earninø;s1he<eon for . period of tlve (5) YeBR atIer payment in tIIIl und« the FitIancing Doc""''''IS g.3. To the best of the ~'s knowledge, informatioD and belief, the ahoveoxpectallous ere reasonable and there are no other 1iu:ts, estimetes or cin:umalanoes that would matorially change the expectooh~. ex¡RSSOd h«ein. IN WII1'ŒSS WHEREOF, this Tn AgIeoment M1d Arbitrap Certificaæ h.. -. _ed en behalf ofLes_ as of lanuary 25, 2006. I/JII.IŒI6:P1,Bttn-.DOClNv.OIIOOMI 7