Portfolio Interest Exemption definition

Portfolio Interest Exemption has the meaning specified in Section 3.01(e)(B)(iii).
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Portfolio Interest Exemption as defined in Section 3.10.
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Portfolio Interest Exemption as defined in Section 2.19(d).
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Examples of Portfolio Interest Exemption in a sentence

  • Portfolio Interest Exemption (for Holders That Are Not U.S. Persons for U.S. Federal Income Tax Purposes) Under U.S. federal income tax law, a Holder that disposes of Outstanding Notes for Cash Consideration and is otherwise not eligible to provide an IRS Form W-9 may claim an exemption from U.S. withholding tax on payments or deliveries attributable to accrued and unpaid interest.


More Definitions of Portfolio Interest Exemption

Portfolio Interest Exemption shall have the meaning set forth in Section 2.16(g)(iv).
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Portfolio Interest Exemption means the exemption from U.S. tax under Section 871(h) or Section 881(c) of the Internal Revenue Code.
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Portfolio Interest Exemption shall also furnish a United States Tax Compliance Certificate to the effect that such Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Tax Code, a “10 percent shareholder” of Borrower within the meaning of Section 871(h)(3)(B) of the Tax Code, or a “controlled foreign corporation” related to Parent Borrower as described in Section 881(c)(3)(C) of the Tax Code, together with a Form W-8BEN (or W-8BEN-E or successor form). Notwithstanding any other provision of this Section 2.20(d), a Foreign Lender shall not be required to deliver any form pursuant to this Section 2.20(d) that such Foreign Lender is not legally able to deliver.
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Portfolio Interest Exemption as defined in Section 4.10(e). “Pound Sterling”: the lawful currency of the United Kingdom. “primary obligations”: as defined in the definition of “Guarantee Obligation”. “primary obligor”: as defined in the definition of “Guarantee Obligation”. “Prime Rate”: the rate of interest per annum determined from time to time by Xxxxx Fargo as its prime rate in effect at its principal office in New York City and notified to the Borrower, which rate is determined in good faith and applies generally to similarly situated borrowers. The prime rate is a rate set by Xxxxx Fargo based upon various factors including Xxxxx Fargo’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such rate. “Projections”: as defined in Section 7.2(b). “Properties”: as defined in Section 5.17(a). “Property”: any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, including, without limitation, Capital Stock. “PTE”: a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. 26
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Portfolio Interest Exemption as defined in Section 3.10. NYDOCS02/1101669.11101669.12 [NEWYORK 3267283_1] -32-
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Portfolio Interest Exemption as defined in Section 4.10(e). “Pound Sterling”: the lawful currency of the United Kingdom. “primary obligations”: as defined in the definition of “Guarantee Obligation”. “primary obligor”: as defined in the definition of “Guarantee Obligation”. 28
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Related to Portfolio Interest Exemption

  • Portfolio Asset means an asset of an investment fund;

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;

  • Securitization Vehicle shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Interest exchange means the acquisition of an ownership or membership interest in a domestic entity as provided by Subchapter B, Chapter 10. The term does not include a merger or conversion.

  • Special Purpose Subsidiary means any (a) not-for-profit Subsidiary, (b) captive insurance company or (c) Receivables Subsidiary and any other Subsidiary formed for a specific bona fide purpose not including substantive business operations and that does not own any material assets, in each case, that has been designated as a “Special Purpose Subsidiary” by the Borrower.