Common use of Income Tax Characterization Clause in Contracts

Income Tax Characterization. For purposes of U.S. federal income, state and local income and franchise taxes, unless otherwise required by the relevant Governmental Authority, the Issuer will treat the Notes as debt.

Appears in 17 contracts

Samples: Indenture (Oportun Financial Corp), Letter Agreement (Oportun Financial Corp), Intercreditor Agreement (Oportun Financial Corp)

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Income Tax Characterization. For purposes of U.S. federal income, state and local income and franchise and any other income taxes, unless otherwise required by the relevant Governmental Authoritygovernmental authority, the Issuer will treat the Notes (other than as debtset forth in any Series Supplement) as indebtedness.

Appears in 5 contracts

Samples: Base Indenture (Conns Inc), Base Indenture (Conns Inc), Base Indenture (Conns Inc)

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Income Tax Characterization. For purposes of U.S. federal income, state and local income and franchise and any other income taxes, unless otherwise required by the relevant Governmental Authoritygovernmental authority, the Issuer will treat the Notes as debtindebtedness.

Appears in 4 contracts

Samples: Base Indenture (CHS Inc), CHS Inc, Indenture (Conns Inc)

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