Private Activity Definition | Law Insider (2024)

Private Activity

means an event sponsored by private individuals, businesses or organizations that is not a commercial or community service activity.

Private Activity

means an activity sponsored by a private individual, business or organization that is not open to the general public. Private activities include, but are not lim- ited to, banquets, receptions, award ceremonies, weddings, concerts, dances, and seminars.

Private Activity

means an activity carried on in circ*mstances that may reasonably be taken to indicate that the parties to it desire it to be observed only by themselves, but does not include (a) an activity carried on outside a building; or (b) an activity carried on in any circ*mstances in which the parties to it ought reasonably to expect that it may be observed by someone else.

Examples of Private Activity in a sentence

  • Private Activity Concerns The following polices relate to the monitoring and tracking of private uses and private payments with respect to facilities financed with the Obligations.

  • Applicants may submit an application for an allocation for Low Income Housing Tax Credits concurrently with an application for Private Activity Tax-exempt bonds from the HHFDC.

  • The State of Illinois (“the State”) has adopted procedures for the allocation of Volume Cap pursuant to the Illinois Private Activity Bond Allocation Act, 30ILCS 345 (the “Illinois Allocation Act”).

  • Private Activity: Use of Proceeds The following procedures relate to the monitoring and tracking of private uses and private payments with respect to facilities financed with the Obligations.

  • These were tax-exempt Qualified Private Activity Bonds by virtue of the projects reserving certain percentages of their units for low income tenants.The FHA Insured Mortgage Revenue Bonds were not general obligations of ASHA but were backed solely by the mortgage payments from the borrower and FHA insurance in the event of the borrower's default.


More Definitions of Private Activity

Private Activity

means an activity carried on in circ*mstances that may reasonably be taken to indicate the parties to the activity desire it to be observed only by themselves, but does not include an activity carried on in circ*mstances in which the parties to the activity ought reasonably to expect the activity may be observed by someone else;

Private Activity

means any activity, function, meeting or other use of a Campground , other than Official Activities, that is authorized by this Policy.

Private Activity

means any activity carried on in circ*mstances that may reasonably be taken to indicate that any of the parties to the activity desires it to be observed only by themselves . . .

Private Activity

means an activity carried on in circ*mstances that may reasonably be taken to indicate that the parties to it desire it to be observed only by themselves, but does not include —

Private Activity

means an activity carried out by at least one (1) person that may reasonably be taken to indicate that the person does not desire to be observed;2

Private Activity

means an [e]Event sponsored by private individuals, businesses or organizations that [is]are not [a c]Commercial Activities or [c]Community [s]Service [activity]Activities.

Private Activity

means more than 10% of bond issue finances privately owned or used facilities (e.g. individuals’ homes, apartment buildings with a for-profit owner or even simply tax credit investor)

Private Activity Definition | Law Insider (2024)
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