Treatment of Securities as Debt Sample Clauses

Treatment of Securities as Debt. It is intended that the Securities will be treated as indebtedness and not as equity for federal income tax purposes. The provisions of this Indenture shall be interpreted to further this intention.
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Treatment of Securities as Debt. This Security is intended to constitute indebtedness for United States federal, state and local tax purposes, and the Indenture and the Security shall be interpreted to further this intention.
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Treatment of Securities as Debt. It is intended that the Securities will be treated as Indebtedness and not as equity for federal income tax purposes. The provisions of this Indenture shall be interpreted to further this intention.
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Treatment of Securities as Debt. COMPLIANCE CERTIFICATES AND OPINIONS. SECTION 13.08 PAYMENTS ON BUSINESS DAYS. SECTION 13.09 CONFLICT WITH TRUST INDENTURE ACT. SECTION 13.10 COUNTERPARTS. SECTION 13.11 SEPARABILITY.
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Treatment of Securities as Debt. 45 Section 13.07
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Related to Treatment of Securities as Debt

  • Replacement of Securities If any certificate or instrument evidencing any Securities is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity) associated with the issuance of such replacement Securities.

  • Repayment of Securities Securities of any series subject to repayment in whole or in part at the option of the Holders thereof will, unless otherwise provided in the terms of such Securities, be repaid at a price equal to the principal amount thereof, together with interest (if any) thereon accrued to the Repayment Date specified in or pursuant to the terms of such Securities. The Company covenants that, with respect to such Securities, on or before the Repayment Date it will deposit with a Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 10.03) an amount of money in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 3.01 for the Securities of such series and except, if applicable, as provided in Sections 3.12(b), 3.12(d) and 3.12(e)) sufficient to pay the principal (or, if so provided by the terms of the Securities of any series, a percentage of the principal) of and (except if the Repayment Date shall be an Interest Payment Date) accrued interest (if any) on, all the Securities or portions thereof, as the case may be, to be repaid on such date.

  • SUBORDINATION OF SECURITIES SECTION 1201.

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