Applicable Tax Law. In order to enable the Trustee to comply with its obligations under applicable tax laws, rules and regulations (including directives, guidelines and interpretations promulgated by competent authorities) in effect from time to time (“Applicable Tax Law”), the Company agrees (i) to provide to the Trustee, following written request from the Trustee delivered to the Company in accordance with Section 11.02 of this Indenture, such information concerning the Holders of the Notes as the Trustee may reasonably request in order to determine whether the Trustee has any tax-related obligations under Applicable Tax Law with respect to the payments made to Holders of the Notes under this Indenture, but only to the extent (a) such information is in the Company’s possession, (b) such information is not subject to any confidentiality or similar agreement or undertaking or otherwise deemed by the Company to be confidential and (c) providing such information to the Trustee does not, in the judgment of the Company, breach or violate or constitute a default under any applicable law, rules or regulations or any instrument or agreement to which the Company or any of its Subsidiaries is a party or by which any of them is bound, and (ii) that the Trustee shall be entitled to make any withholding or deduction from payments made to Holders of Notes under this Indenture to the extent necessary to comply with the Trustee’s obligations under Applicable Tax Law. Each Holder of Notes by accepting a Note shall be deemed to have agreed to the foregoing provisions of this Section 11.17 and to provide to the Trustee or the Company such information concerning such Holder as the Trustee or the Company may reasonably request in order to determine whether the Trustee or the Company has any tax-related obligations under Applicable Tax Law with respect to the payments made to such Holder under this Indenture; and such agreement by each Holder is part of the consideration for the issuance of the Notes.
Applicable Tax Law. While the LLC has only one Member, it shall be disregarded as an entity separate from the Member for purposes of applicable tax law, in accordance with United States Treasury Regulation, Section 301.7701-3(b)(1)(ii) and applicable state tax law, and the Member and the LLC shall make such filings and take such other actions as may be appropriate to cause the LLC to be disregarded. At any time that the LLC has more than one Member, the Members shall take actions with regard to tax matters in accordance with Section 9.2 of this Agreement.
Applicable Tax Law. Section A.5 of Annex A Base Salary - Section 3.1 cause - Section 4.1 Code - Section 4.2.2 Company - the first paragraph on page 1 and Section 9.1 deferred compensation - Section 3.3
Applicable Tax Law. In order to comply with applicable tax laws (inclusive of rules, regulations and interpretations promulgated by competent authorities) related to the Indenture in effect from time to time (collectively, “Applicable Tax Law”) that a foreign financial institution, issuer, trustee, paying agent or other party is or has agreed to be subject to, the Company agrees (i) upon reasonable written request of the Trustee, to use commercially reasonable efforts to provide to the Trustee, to the extent available, sufficient information about Holders or other applicable parties and/or transactions (including any modification to the terms of such transactions) so that the Trustee can determine whether it has tax related obligations under Applicable Tax Law and (ii) that the Trustee shall be entitled to make any withholding or deduction in respect of taxes from payments under the Indenture to the extent necessary to comply with Applicable Tax Law for which the Trustee shall not have any liability. Nothing in the immediately preceding sentence shall be construed as obligating the Company to make any “gross up” payment or similar reimbursement in connection with a payment in respect of which amounts are so withheld or deducted. The terms of this paragraph shall survive the satisfaction and discharge of the Indenture.
Applicable Tax Law. For you and the beneficiary to receive the tax treatment accorded to life insurance under the Federal law, this policy must qualify initially and continue to qualify as life insurance under the Internal Revenue Code or successor law. Therefore, to assure this qualification for you we reserve the right to refund the portion of any premium payment or to decline to accept additional premium payments that would cause the policy to fail to qualify as life insurance under applicable tax law as interpreted by us. Further, we reserve the right to make changes in this policy (for example in the factors on Page 4) or to make distributions from the policy to the extent we deem it necessary to qualify this policy as life insurance. Any such changes will apply uniformly to all policies that are affected. You will be given advance written notice of such changes. CHANGES IN POLICY COST FACTORS. Changes in policy cost factors (the charge for the mortality and expense risk, the administrative cost charge, the mortality charge and the cost of insurance charges) will be by class and based upon changes in future expectation for such elements as mortality, persistency, expenses and taxes. Any change in policy cost factors will be determined in accordance with procedures and standards on file, if required, with the insurance supervisory official of the jurisdiction in which this policy is delivered. WHEN THE POLICY IS INCONTESTABLE. We have the right to contest the validity of this policy based on material misstatements made in the initial application for this policy. We also have the right to contest the validity of any increase in the Insurance Benefit attributable to any additional premium based on material misstatements made in any application in connection with that premium. However, we will not contest the validity of this policy after it has been in effect during the lifetime of the insured person for two years from the Date of Issue shown in the Policy Information section. We will not contest any increase in the Insurance Benefit attributable to any additional premium after such increase has been in effect for two years during the insured person's lifetime. No statement shall be used to contest a claim unless contained in an application. All statements made in an application are representations and not warranties. OTHER IMPORTANT INFORMATION (continued) WHAT IF AGE OR SEX HAS BEEN MISSTATED? If the insured person's age or sex has been misstated on the application, the I...
Applicable Tax Law. For you and the beneficiary to receive the tax treatment accorded to life insurance under Federal law, this policy must qualify initially and continue to qualify as life insurance under the Internal Revenue Code or successor law. Therefore, to secure this qualification, we reserve the right to decline to accept, make or process any in force policy transaction that would cause the policy to fail to qualify as life insurance under applicable tax law as interpreted by us. Further, we reserve the right to make changes in this policy or its riders or to make distributions from the policy to the extent we deem it necessary to continue to qualify this policy as life insurance. Any such changes will apply uniformly to all policies that are affected. You will be given advance written notice of such changes.
Applicable Tax Law. This Agreement shall be construed and the rights of the parties determined in accordance with the laws of the State of West Virginia.
Applicable Tax Law. Section A.5
Applicable Tax Law. Section A.5 of Annex A Base Salary - Section 3.1 cause - Section 4.1 Code - Section 4.2.2 Company - the first paragraph on page 1 and Section 9.1 deferred compensation - Section 3.3 Contract Options - Section 8.2 Disability Date - Section 5 Disability Period - Section 5 Effective Date - the first paragraph on page 1 eligible securities - Section A.1 of Annex A Entity - Section 3.6 Executive - the first paragraph in page 1 fair market value - Section A.1 of Annex A Investment Advisor - Section A.1 of Annex A Pay-Out Period - Section A.6 of Annex A Prior Account - Section 3.5 Prior Agreement - the second paragraph on page 1 Rabbi Trust - Section 3.3 senior executives - Section 3.1
Applicable Tax Law. For purposes of this Agreement, the term “Applicable Tax Law” shall mean, with respect to the Company or a Company Subsidiary, as the case may be, any Law relating to Taxes (including regulations, judicial doctrines, and other official pronouncements of any Governmental Entity charged with interpreting such applicable Law) applicable to (A) such entity (B) such entity’s properties or income, or (C) such entity’s direct or indirect shareholders with respect to such entity’s income.
