Common use of Optional Sinking Fund Payment Clause in Contracts

Optional Sinking Fund Payment. The term “Optional Sinking Fund Payment” shall have the meaning assigned to it in Section 5.01(b). Original Issue Discount Security: The term “Original Issue Discount Security” shall mean any Security that is issued with “original issue discount” within the meaning of Section 1273(a) of the Code and the regulations thereunder, or any successor provision, and any other Security designated by the Company as issued with original issue discount for United States federal income tax purposes. Outstanding: The term “Outstanding,” when used with respect to Securities means, as of the date of determination, all Securities theretofore authenticated and delivered under this Indenture, except:

Appears in 3 contracts

Sources: Indenture (SmileDirectClub, Inc.), Indenture (KEMPER Corp), Indenture (Vectrus, Inc.)